From Dr. Mercola's Blog this morning.
Canadians Conclude Americans Largely Silent as Their Nation is Systematically Destroyed.An article by J.B. Williams in the Canadian Free Press paints a stark portrait of the actions of the current U.S. government -- actions that have been met with silence by the bulk of the U.S. populace.
According to Williams, “After trillions in taxpayer debt has been foolishly poured into the bottomless black hole ... Geithner asks Congress for even broader power to seize private firms as the average American stumbles through their daily routine as if nothing is happening.”
He notes that the new administration has taken the nation from a trillion in debt to over $4 trillion in debt in the first 60 days, with even more federal spending promised.
“I don’t know what it will take to wake up the average American,” writes Williams, “but whatever it is, it hasn’t happened yet.”
Dr. Mercola's Comments:Aside from the brief uproar over the AIG bonuses and the recent “tea party” protests on tax day, Americans have, indeed, been largely silent about the state of the economy.
And although the Federal Reserve has reported the economy may be “leveling out,” just last month U.S. trend forecaster and author Gerald Celente, founder and director of the Trends Research Institute, predicted an unprecedented global economic collapse was still to come.
Citing extreme drops in retail sales over Christmas of between 23 to 35 percent, bankruptcies of major retailers, store closings, and the financial collapse of banks, bonds and brokerage firms in 2008, Celente paints the picture of dire straits ahead that will surpass those of the Great Depression.
He projects that the commercial real estate collapse about to occur this year will dwarf the residential real estate collapse we’ve just experienced, and continue to address.
Other predictions include unemployment rates that will rival that of the Great Depression as well.
“Using 1930s models to get us out of this is really stupid,” says Celente, because back then most people didn’t own homes; there was no such thing as a home equity loan. They didn’t have credit cards, and consumers were not 14 trillion dollars in debt. We also had a manufacturing base in the U.S. at the time -- something we no longer have.
“We will see crime levels in the U.S. that will rival that of a third world country,” says Celente. “When people lose everything, and they have nothing to lose, they lose it.”
With this dreary picture that the U.S. economy as we now know it is plummeting down a rocky slope, Americans should be up in arms, demanding real change to get us out of this mess. But as J.B. Williams suggests in the above article, most are not even blinking an eye. He says:
“50% of their life savings and 30% of their home values have already evaporated into thin air. National unemployment is driving towards double digits as home foreclosures continue to mound.
With their backs against the wall, confused by a daily diet of media manipulated headlines aimed at scaring the public into submission, convinced that our nation’s complex woes demand a solution far too complicated for the average peasant to comprehend, the people find themselves in a state of terminal paralysis.”
Is the Economic Stimulus Plan Only Making Things Worse?
Chicago Tribune 1934
Chicago Tribune, 1934
Those who fail to heed the lessons of history are doomed to repeat them. A review of the economic history of the 1930’s demonstrates that Roosevelt’s government spending programs failed to turn the economy around.
The photo at right is from a 1934 issue of the Chicago Tribune ... and it shows that more of us should heed the lessons of history. As it stands, Congressman Ron Paul (R-Texas) is one of the few who has continued to push for level-headed sanity during this economic breakdown.
He is also one of the few courageous enough to point the finger of blame where it belongs, in large part on the Federal Reserve.
The Federal Reserve system is a primary cause of inflation and one of the reasons why your financial future is unstable, insecure, and likely to include more inflations, recessions and depressions, like the one going on right now.
We got into this mess, as Paul says, by spending too much, running up debt and printing too much money. In the heels of another just-passed “stimulus” package, Paul explains that this move can only delay recovery and prolong economic agony.
A recent article from the Association of American Physicians and Surgeons reports that the bailout already tops $8.7 trillion. According to AAPS, the bailout includes:
• More than $1.5 trillion in Federal Deposit Insurance Corp. loan guarantees, including a $139 billion assist to the lending arm of General Electric Corp.
• $1.8 trillion in cash, tax breaks, and loan guarantees doled out from Treasury to taxpayers, financial institutions, and credit companies
• $300 billion for homeowners from the Federal Housing Authority
• $25 billion to auto companies from a program overseen by the Energy Department, which is separate from the bailout proposal that failed in the Senate
• $5 trillion in new money, loan guarantees, and loosened lending requirements from the Federal Reserve Bank
It’s Time to Wake Up
Congress should be cutting spending, not increasing it, and instead putting the control of what to spend on in the hands of the people … not the government.
Unfortunately, the United States appears to be addicted to easy money, the inflationary programs of the Federal Reserve, and deficit financing. As Ron Paul said regarding the last bailout involving the U.S. housing industry:
“If we quit, there will be pain, but if we don’t, we’ll kill the patient; in this case, the dollar.”
J.B. Williams asked in his article what it would take to wake up the average American and allow them to really see what’s going on. One of the first steps, I believe, is to stop being afraid.
One of the biggest dangers facing the U.S. economy is fear. Once you become afraid and focus on your financial fears, you put your intention on what you don’t want. By doing this you activate powerful natural forces that tend to provide you with whatever thoughts you are attaching strong emotions to.
So the more you fear a financial collapse, the more you are actually focusing on having that very event happen. This is why it’s important to yell “CANCEL” anytime negative thoughts about the current financial situation in the United States enter your mind.
You can also use the Emotional Freedom Technique (EFT) to help release negative financial thoughts that are bothering you -- and visit this audio page from Dan Sullivan once a day for a five-minute boost, or listen to all five audios at once if you have time.
I have been participating in a coaching program run by Dan Sullivan for the past year; he is an amazing mentor and has helped me in many ways. I suspect his audio page will help you too.
The more you and others overcome your financial fears, the more likely we will all reap the benefits of this positive focus and intention.