SMUD is proposing a major rate hike for electricity, blaming the recession:
http://www.msnbc.msn.com/id/29978318
There are those who are quick to blame capitalism, thinking that this is what happens in the free market. The trouble is, this has nothing to do with a free market. Notice that if you live in Sacramento you have only one choice: SMUD. That is because SMUD is a monopoly.
[Read more →]
The unchecked issuance of debt by our government, facilitated by Federal Reserve policies since 1971, has brought our great country to the brink of financial disaster. The organization that caused the problem, did not see this crisis looming, and has utterly failed in stemming the damage, is now taking actions completely outside of its mandate, while telling the public they have the answers. They have duped the American public for 85 years through the insidious use of inflation, and now they are trying to dupe the world into keeping their Ponzi scheme going for a while longer.
http://www.financialsense.com/editorials/quinn/2008/1224.html
What an amazing video, chilling, and emotional! Ron Paul and Peter Schiff have been predicting this collapse for years and it seems slowly, dimly, the mainstream media is starting to hear them. Slowly and dimly.
Wake up America!
New Credit Crunch Cereal! Sweet with incredibly bitter aftertaste!
It’s nice to see Peter Schiff get his due in the mainstream media. It’s about time!
Here is the video in question on YouTube: http://www.youtube.com/watch?v=2I0QN-FYkpw
Please sign the petition!
“The U.S. Government has abandoned the Rule of Law as defined by the People via the Constitution.”
The numerous crises currently confronting our Republic are not the result of poor political policies. These evils are the direct result of decades of violations of the U.S. Constitution by our servant Government.
There is an ancient curse: “May you live in interesting times.” And boy are our times interesting. Take for example, the enormous lack of fiscal discipline of our Federal Government. Read what they say over at Downsizedc.org:
The Government Accountability Office estimates the future shortfall in funding at $53.3 trillion (Page 6). Other experts say the number is almost certainly higher. This means that every full-time worker owes a staggering $440,000, courtesy of government excess. Eventually, that debt must be paid, either in higher taxes, or in reduced benefits. These numbers represent a looming crisis of staggering proportions.
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