Free Republic

That giant whooshing, and humming, sound you hear are all the printers at the basement of Marriner Eccles getting refills and start the warm up process. Because according to the Fed Charles Plosser the Federal Reserve is actively preparing for the possibility that the United States could default. Which can only mean one thing: an immediate paradrop of millions of $100 bricks to every man woman and child in the US since as we all know by know Tim Geithner has repeatedly confirmed the Treasury has absolutely no default plans. None.

The American people are broke. When 25% of the people have no income coming in and prices for basic goods continue to rise, there will be no upward movement in the economy. Consumers cannot spend, because they have nothing left – their incomes have been eliminated and so too has their credit. The only hope for growth is more easing by the Fed and more stimulus from Congress, but even that is masking the problem. We may see positive GDP growth as a result, as we have “officially” seen in recent quarters, but this is strictly a mathematical result of...

It Has Started: Wall Street Is Preparing For A Doomsday Scenario Katya Wachtel Jul. 21, 2011, 9:15 AM If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be sliding into panic mode. In fact, they're just really good actors. Across the financial sector, many are preparing for a debt doomsday scenario, in which the U.S does in fact default, the New York Times reports. Firms are "taking steps to reduce the risk of holding Treasury bonds or angling for ways to make profits from any possible upheaval."...

If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be sliding into panic mode. In fact, they're just really good actors. Across the financial sector, many are preparing for a debt doomsday scenario, in which the U.S does in fact default, the New York Times reports. Firms are "taking steps to reduce the risk of holding Treasury bonds or angling for ways to make profits from any possible upheaval." It's clear hedge funds have changed gears and many are in heavy de-risking mode, with billion dollar firms...

The Real Reason Hitting The Debt Limit May Mean Social Security Checks Stop July 14th, 2011By Aaron Krowne Founder, ML-Implode.com It’s crunch time, and now we’re hearing as part of the hyper-political debt ceiling debate that that Social Security checks may stop. But interestingly, we’re not just hearing that from Congressional Republicans: Obama has raised that spectre as well. Many left-leaning critics are shocked, believing Social Security to be… well… secure, and are incensed that Obama would be willing to slaughter this sacred cow. After all, if in the case of default, the government can prioritize payments to various areas,...

Leading Trend Forecaster: We Are Not Entering a New Recession Mac Slavo July 14th, 2011 Trend forecaster Gerald Celente, of the Trends Research Institute, in his latest Trend Alert to subscribers, says that media presstitutes continue to sell Americans and the rest of the world the big lie of recovery. It’s nothing more than a cover-up. We never exited the recession that started in 2008.For the second consecutive month, employers added scarcely any jobs in June, startling evidence that the economic recovery is stumbling … The government also revised downward the small gain for the previous month to 25,000 new...

All over America, restlessness and frustration are growing. It has now been almost three years since the great financial crash of 2008, and yet the U.S. economy is still a complete and total mess. In fact, there are all sorts of signs that things are about to get even worse, and the American people are just about fed up. Virtually every major poll, survey and measure of consumer confidence shows that the American people are becoming more pessimistic about the economy. Millions of hard working Americans that worked their fingers to the bone for their employers and that did everything...

I would like to thank my neighbors and friends for participating in our annual emergency preparedness meeting. Your comments and contributions were what made the meeting great. Hopefully we all left with a desire to be better prepared so our family and loved ones are well taken care of in the event of...

Even if you are fortunate enough to have a retreat out in the country getting to your safe haven maybe impossible during upheaval. Roads blocked by wrecked and fuelless vehicles will stop most bugouters in their tracks. Maybe you were born lucky and can make it out safely before the balloon bursts, then what? People in rural areas, will start shooting if threatened by mobs of refugees fleeing the city. Don’t expect to be welcomed with arms outstretched. Most country folks don’t trust outsiders; you will likely be greeted with a load of buckshot and not the cup of fresh...

The Economic Collapse blog reports that Robert Kiyosaki is warning of an impending economic collapse—and advises on preparations that include buying guns. By way of credentials, Kiyosaki is the author of the successful “Rich Dad Poor Dad” books, reportedly having sold over 26 million copies, and runs the Rich Dad financial education website. He co-authored “Why We Want You to be Rich” with Donald Trump. The Economic Collapse lists 11 “sound bites” from a Kiyosaki video (see sidebar media player) that include predictions of collapse where supermarket food supplies are reduced to less than three days—presumably with no restocking in...

U.S. federal debt could potentially be downgraded to junk status by 2030 if the government does not significantly reform entitlement spending, according to a study by Standard & Poor’s, one of the three Wall Street credit ratings agencies. The S&P study, which shows the effects of rising entitlement-driven federal debt on the federal budget and debt rating, indicates that if entitlement costs are not brought under control soon, America will see its coveted AAA debt rating evaporate. S&P said that the weight of retiring Baby Boomers would drive government debt to unsustainable levels, forcing the ratings agency to severely downgrade...

Liberal radio and TV host Thom Hartmann has been engaged in a bit of a feud with Glenn Beck’s The Blaze website over comments Hartmann made on his cable show The Big Picture. A few weeks ago, Hartmann suggested that President Obama retaliate against GOP opposition to raising the debt ceiling by having Tim Geithner cut funding to red states. The Blaze accused him of wanting to “starve people in red states.” Hartmann now notes that Fox News’ Brit Hume has taken notice of the possible strategy, and suggests taking a step that’ll really hurt Republicans: closing all those buildings...

We are either going into a Depression or Hyperinflation. The Dollar will be coming down and things will get tough. The Government is inflating the stock market along with the banks. The quiet before the storm. I feel it in my bones that we are on the brink of something big and bad. Get your S*#t together. The end of QE2, pushing the Debt Ceiling , Greece, Spain, Japan....all coming to a head. This scenario may begin this week considering the most recent report that the Greek military is threatening a military coup if parliment imposes more austerity measures. So...

Tonight, around 11 p.m., a group of at least 60-70 African American youth marched down one of the side streets (W. Thrush) to the 4 lane main drag (Sheridan). They were yelling threats to white residents. Things such as we need to kill alll the white people around here.

Double Red Alert Posted by Ann Barnhardt - June 24, AD 2011 9:01 AM MST Two HUGE intel leads in my email box this morning from way-back contacts that I've had for years, that are actually somewhat connected concepts. 1. File this one under "Now It All Makes Sense". A Missouri farming and ranching contact just got off a conference call wherein he was informed that the federal government is sending out letters to all of the flooded out farmers in the Missouri River flood plain and bottoms notifying them that the Army Corps of Engineers will offer to BUY...

COLUMBIA, SC (WIS) - All eight suspects are in custody after a brutal attack in Five Points early Monday morning which left the teenage victim in critical condition, according to Columbia police. Columbia Police Department spokeswoman Jennifer Timmons said most of the eight suspects are juveniles, and did not release the names of any of the suspects. Timmons said no charges have been filed so far, though possible charges could include assault and battery and strong-arm robbery.

There are many survival preparedness items that you can store now, and “forget” about, which you may need later during varying degrees of an emergency. The following are 55 suggested items that you can store and have ready.

Trend forecaster Gerald Celente of the Trends Journal advises subscribers of his quarterly newsletter that the collapse is on it’s way and will become apparent to the population of the entire world in short order. While pundits argue over whether or not a double dip recession is coming, many on the street have finally begun to realize that another recession is the least of our problems.

Yes, I have been watching this closely but it feels like the fit is hitting the shan on this - finally. Obama and Holder are complicit in murder and are engaging in outright treason just within the matrix of Gunwalker alone. Here is a link to a great piece at Pajamas Media that sums it all up - and read the comment thread which is every bit as informative as the article itself. Click Here for article and comment thread. Bottom line: Gunwalker never, ever had ANYTHING to do with drug enforcement or stopping the cartels. NOTHING. The reason that...

Scandal: Given the federal government's batting average, another failure should come as no surprise. But sometimes the incompetence strains believability. Case in point: "Operation Fast and Furious." That's the code name for what the Bureau of Alcohol, Tobacco, Firearms and Explosives thought was a good idea: Put large numbers of semiautomatic weapons into the hands of Mexican gangsters, wait until they commit crimes, then track them. Mexico is in the throes of a civil war that pits drug cartels against the government. The drug gangs are winning, having killed 34,000 people in the past five years. So just on the...