ThE CoMiNg EcOnOmIc CoLlApSe By ToNy RoBbInS

Tony Robbins Is Warning That An Economic Collapse Is Coming

Are You Prepared For The Coming Economic Collapse And The Next Great Depression? Like almost everyone is warning of a coming economic collapse these days. Do you remember Tony Robbins? He is probably the world's best known "motivational speaker" and his infomercials dominated late night television during the 80s and 90s. He was always urging all of us to "unleash the power within" and to take charge of our lives.

Well guess what? Now Tony Robbins is warning that an economic collapse is coming. In fact, he has issued a special video warning about what he believes is about to happen. Considering the incredible connections that he has at the highest levels of the financial world, it makes a lot of sense to consider what he is trying to warn us about. Robbins says that a "major retracement" is coming to financial markets and that the coming collapse is going to be a "painful process" as we go through it. Those familiar with Tony Robbins know that he always goes out of his way to stress the positive, so if even he is openly warning the public about a coming economic nightmare than you know that things are starting to get really, really bad out there.

The video that Tony Robbins published where he gives his economic warning is posted in two parts below. This is unlike any Tony Robbins video that you have ever seen before and it is absolutely jaw dropping....

Part I



Part II



So is Tony Robbins right about what is coming?

Yup.......An economic collapse is coming......You need to get prepared.

For those not familiar with my previous articles, let's review just some of the reasons why America is headed towards an economic nightmare of unprecedented proportions....

The National Debt - The U.S. government has accumulated a national debt that is rapidly approaching the 14 trillion dollar mark. According to Democrat Erskine Bowles, one of the heads of Barack Obama's national debt commission, if we continue on the path we are on the U.S. government will be spending $2 trillion just for interest on the national debt by 2020.

State And Local Debt - Many of America's state and local governments may be in even worse financial shape than the federal government is. In fact, some state and local governments are in such a financial mess that they have starting cutting off even the most essential services.

Consumer Debt - The total amount of consumer debt that Americans have accumulated now stands at approximately 11.7 trillion dollars.

The Trade Deficit - The U.S. trade deficit has exploded to nightmarish proportions over the past two decades. Every single month tens of billions more dollars flows out of the country than flows into it. The rest of the world is literally bleeding us dry in slow motion.

No Jobs - Today it takes the average unemployed American over 8 months to find a job. The number of Americans receiving long-term unemployment benefits has risen over 60 percent in just the past year.

The Credit Crunch - The U.S. is experiencing a credit crunch unlike anything it has seen since the Great Depression. Lending has really, really dried up, but without loans our economic system cannot function properly.

The Housing Crisis - Even with mortgage rates at historic lows, a shockingly low number of Americans are buying houses. There has been a total collapse in home sales since the home buyer tax credit expired. At the same time, mortgage defaults, foreclosures and home repossessions by banks continue to set new all-time records.

Rising Bankruptcies - Nationwide, bankruptcy filings rose 20 percent in the 12-month period ending June 30th.

Rising Poverty - One out of every eight Americans and one out of every four American children are now on food stamps. Approximately 50 million Americans couldn't even afford to buy enough food to stay healthy at some point last year.

The Coming Pension Crisis - America is facing a pension crisis that is so nightmarish that it is almost impossible to adequately describe it. State and local government pension plans are woefully underfunded, dozens of large corporate pension plans either have collapsed or are on the verge of collapsing, Social Security is a complete and total financial disaster and about half of all Americans essentially have nothing saved up for retirement.

The Derivatives Bubble - Our financial system has become a gigantic gambling parlor and we have allowed a horrific derivatives bubble to develop that could destroy the entire world economy if it ever bursts. Nobody knows exactly how big the derivatives bubble is, but low estimates place it at around 600 trillion dollars and high estimates put it at around 1.5 quadrillion dollars. Once that bubble pops there simply will not be enough money in the entire world to fix it.

The Federal Reserve - The Federal Reserve has devalued the U.S. dollar by over 95 percent since 1913 and it has been used to create the biggest mountain of government debt in the history of the world. There are many economists who would argue that the Federal Reserve is at the very core of our economic problems.

The truth is that these problems did not develop overnight, and they are not going to be solved overnight either. Perhaps our economic future is best summed up by this one statement that economist Paul Krugman recently made...."America is now on the unlit, unpaved road to nowhere."

It would be great if I could write about America's bright economic future and the unlimited prosperity that is ahead for all of us, but that would be a lie. We are headed for an economic collapse....It is going to be painful....It is time to get prepared.

"And Ye Shall Know The Truth And The Truth Shall Set You Free"

WAKE UP AMERICA....ITs OUR COUNTRY!!!

Love "Light" and Energy

_Don

References:

Banks’ Self-Dealing Super-Charged Financial Crisis  Thanks to the 'Senator' for these links.

This Is Not a Recovery - Anything But!

The Erosion of America's Middle Class

11 Reasons Why The Federal Reserve Is Bad

America’s Coming Pension Crisis

ThE SuRvEiLlAnCe StAtE - VaSt - SeCrEt - DaNGeRIoUS

By Glenn Greenwald....yo Glen, nice article, but, where in the hell have you been in the last 9 years?

It is unsurprising that the 9/11 attack fostered a massive expansion of America’s already sprawling Surveillance State. But what is surprising, or at least far less understandable, is that this growth shows no signs of abating even as we approach almost a full decade of emotional and temporal distance from that event.

The spate of knee-jerk legislative expansions in the immediate aftermath of the 9/11 trauma — the USA-PATRIOT Act — has actually been exceeded by the expansions of the last several years — first secretly and lawlessly by the Bush administration, and then legislatively and out in the open once Democrats took over control of the Congress in 2006. Simply put, there is no surveillance power too intrusive or unaccountable for our political class provided the word “terrorism” is invoked to “justify” those powers.

The More-Surveillance-Is-Always-Better Mindset

Illustrating this More-Surveillance-is-Always-Better mindset is what happened after The New York Times revealed in December, 2005 that the Bush administration had ordered the National Security Agency to eavesdrop on American citizens without the warrants required by law and without any external oversight at all. Despite the fact that the 30-year-old FISA law made every such act of warrantless eavesdropping a felony, “punishable by a fine of not more than $10,000 or imprisonment for not more than five years, or both,” and despite the fact that all three federal judges who ruled on the program’s legality concluded that it was illegal, there was no accountability of any kind.

The opposite is true: the telecom corporations which enabled and participated in this lawbreaking were immunized by a 2008 law supported by Barack Obama and enacted by the Democratic Congress. And that same Congress twice legalized the bulk of the warrantless eavesdropping powers which The New York Times had exposed: first with the 2007 Protect America Act, and then with the 2008 FISA Amendments Act, which, for good measure, even added new warrantless surveillance authorities.

Not even revelations of systematic abuse can retard the growth of the Surveillance State or even bring about some modest accountability. In 2007, the Justice Department’s own Inspector General issued a report documenting continuous abuses by the FBI of a variety of new surveillance powers vested by the Patriot Act, particularly the ability to obtain private, invasive records about Americans without the need for any judicial supervision (via so-called “National Security Letters” (NSLs). The following year, FBI Director Robert Mueller confirmed ongoing abuses subsequent to the time period covered by the initial IG report.

Again, the reaction of the political class in the face of these revelations was not only to resist any accountability but to further expand the very powers being abused. When then-candidate Obama infuriated many of his supporters in mid-2008 by announcing his support for the warrantless–surveillance expanding FISA Amendments Act, he assured everyone that he did so “with the firm intention — once [he’s] sworn in as President — to have [his] Attorney General conduct a comprehensive review of all our surveillance programs, and to make further recommendations on any steps needed to preserve civil liberties and to prevent executive branch abuse in the future.”

Not only has nothing like that occurred, but Congress has twice brushed aside the privacy and abuse concerns about the Patriot Act highlighted by the DOJ’s own report and long raised by Senator Russ Feingold. They did so when voting overwhelmingly to extend the provisions of that law unchanged: first in 2006 by a vote of 89-10, and again this year — with the overt support of the Obama administration — when it once again extended the Patriot Act without even a single added oversight protection.

Even after The New York Times in 2009 twice revealed substantial and serious abuses in the very warrantless eavesdropping powers which Obama voted to enact, the administration and the Congress show no interest whatsoever in imposing any added safeguards. The logic of the Surveillance State is that more is always better: not just more powers, but in increasingly unchecked form......continued

"And Ye Shall Know The Truth And The Truth Shall Set You Free"

WAKE UP AMERICA....ITs OUR COUNTRY!!!

Love "Light" and Energy

_Don

References:

[What They Know About You] Oh My God!

[America's Biggest Jobs Program -- The U.S. Military] Seil Heil!

[Government Abuses Computer Crime Law to Boost Criminal Charges]

[Surveillance of Our Enemies During Wartime? I’m Shocked!]