Headed For A 2010 Depression With Revolution (Tea Party)?
The powers that be keep telling us that all is well and that we’re on the road to recovery. The powers that be either don’t know or they are lying. What’s worse than the coming total economic collapse (generally called a depression) is when you add to it a social revolution. We’re already seeing SIGNS of the social unrest seething to the top. Can you say Tea Party?
While the mainline press, which now no longer reports news but sells us the LIBERAL bias of the reporters, hypes the Obama mantra, the nation collapses.
People have had it, people are losing hope and you can read daily headlines that testify to such even though the reporters know not what they’re reporting. The various news outlets continually downplay the importance of the Tea Party and you saw what happened to the “Kennedy Seat”! One day you read about a man flying his plane into an IRS building and burning down his house to the IRS will not be able to recoup anything of value after his suicide.
The next day you read of a man who bulldozes his house rather than giving it back to the bakj in foreclosure.
Is anyone seeing what’s going on here? Can we simply blow off the web bot linguistics that has been predicting a revolution in America this summer ever since 2005? What do you think is going to happen when people find out that their pension funds are broke, when social security has to be cut back and reduced, and when banks no longer give you all of the money that you’ve entrusted them with? Are you under the belief that all of this cannot happen?
Think again!
As of Friday, February 19th, the number of bank failures (and branches) closed/reorganized count up to 4,448 since IndyMac in July 2008. Yes, the banks were reorganized, but how much longer can we play this PONZI scheme? Depending on your inculturated state this is either a replay of the Great Depression’s bank failure phase since clearly there hasn’t been anything near this scale of financial institutions failing in intervening times, or this is ‘just normal’ for a recession. And remember, without the bank bailouts of the ‘too big to fail’ it would already be obvious that we’re replaying the Great Depression.
China is no longer buying our JUNK. In fact China is now selling their T-bonds and bills.
The Fed is now buying its own offerings and thinking there’s no consequences. What’s going on in America today is more than just what the Tea Parties are about. What we’re facing is more than a political discontentment. We’re facing an all out bankruptcy of soul: that’s not good at all!
Contributor: Ernie Fitzpatrick
Source: www.articlesbase.com