Category Archive: Signs in the Economy

Thousands riot in southwest China: Xinhua

Thousands of rioters took to the streets in southwestern China, with some smashing and burning vehicles, after a city official injured a female cyclist, state news agency Xinhua reported on Friday. The riots… Continue reading

Is Martial Law and Dictatorship Around the Corner?

These are indeed scary times for many Americans and the future is full of chaos and uncertainty. But is it really uncertainty or is this part of a scripted plan being played out… Continue reading

FDA approves computer chip for humans

Medical milestone or privacy invasion? A tiny computer chip approved Wednesday for implantation in a patient’s arm can speed vital information about a patient’s medical history to doctors and hospitals. But critics warn… Continue reading

Dow plunges 519 points on economy, Europe worries

NEW YORK (AP) — Stocks are falling at the close of trading as investors’ attention returns to the weak economy and Europe’s debt problems. The Dow Jones industrial average is down 519, or… Continue reading

The Whole World Is Falling Apart, Literally

An air of crisis descended on the world Tuesday, Aug. 9 as markets continued to tumble steeply and in London, large parts of the city succumbed to uncontrolled violence joined by three major… Continue reading

Bank of America Dies and JP Morgan Calls For $2500 Gold By Year-End

Wow.  What a day.   The Fed didn’t step in to support the stock market to the extent that I expected, but then again who knows how much intervention it took to prevent the… Continue reading

Dow Jones Industrial Average Closes Down More Than 630 Points, Sixth-Worst Point Loss Ever

On the first day of trading after Standard and Poor’s downgraded U.S. credit to AA+ from the top-level ranking of AAA, the Dow Jones Industrial Average closed down more than 630 points, or… Continue reading

46 Million Americans Now Live On Food Stamps As Homeless Tent City Camps Spring Up Nationwide

CNN reports on staggering 46 million people living on food stamps while homeless “Tent City” camps are popping up across the nation including one right near my own house. CNN reviews the staggering… Continue reading

Saudi and Israeli financial markets plunge

Tel Aviv – On most weekends nobody even bothers talking about them, but given the confusion and consternation following the S&P downgrade of the US, people are paying attention to weekend trading in… Continue reading

US Post Office on Verge of Defaulting

WASHINGTON (Reuters) – The U.S. Postal Service posted a net loss of $3.1 billion in its third quarter and warned again it would default on payments to the federal government if Congress did… Continue reading

WRAPUP 7-China tells US “good old days” of borrowing are over

NEW YORK/SHANGHAI, Aug 6 (Reuters) – China bluntly criticised the United States on Saturday one day after the superpower’s credit rating was downgraded, saying the “good old days” of borrowing were over. Standard… Continue reading

Obama’s Coup Follows Path of Hitler’s Enabling Law

Last night, under the influence of a terror campaign by Obama and his British and Wall Street backers, a majority of the US House of Representative signed off on a Hitler coup against… Continue reading

Food stamp use rises to record 45.8 million

NEW YORK (CNNMoney) — Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture. The number of Americans using the government’s Supplemental Nutrition… Continue reading

Dow average plunges 513, worst drop since 2008

The stock market is finishing its worst day since the financial crisis. The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S. economy will enter another… Continue reading

Debt Ceiling Deal Called a “Sugar Coated Satan Sandwich”

The Senate passed a bill raising the debt ceiling that is aimed at averting a government default, clearing the way for President Obama to sign it into law. The final vote was 74-26.… Continue reading

EU to toughen sanctions after Syria bloodbath

EUOBSERVER / BRUSSELS – The EU is likely to toughen sanctions against the Syrian regime after some 100 people were reportedly killed in the city of Hama when government tanks stormed in on… Continue reading

Under Obama, U.S. unemployment worse than Mexico

President Obama promised he would fundamentally transform America – and he has.  On Sunday, Kevin McCullough of Townhall reported that Mexico has a lower unemployment rate than the United States. Sporting a brand new… Continue reading

U.S. on a pace in 2011 to set a record for cost of weather-related disasters

WASHINGTON, D.C. – The United States is on a pace in 2011 to set a record for the cost of weather-related disasters and the trend is expected to worsen as climate change continues,… Continue reading

Obama following in Hitler’s footsteps

Watching the nonstop commentaries on television about the debt-ceiling debate only reinforces the reality that most people – including many perceived conservatives – still don’t get it. If they did, they would not… Continue reading

“America Will Lose Its Sovereignty”

Reported by our Ministry in January, 2011: The United States mirrors Satan’s own rebellion with our Mother Yahweh. Satan broke away from a kingdom ruled by Royalty. 13 States represented the imperfection that… Continue reading

Chinese Media Slams U.S. Debt Crisis

NEW YORK (TheStreet) — A mouthpiece for the Chinese government has published a scathing attack Thursday on the U.S. over its failure to raise the national debt ceiling just days ahead of the… Continue reading

Ghost towns on the increase as rural America accounts for just 16% of population

Vast swathes of the U.S. countryside are emptying and communities becoming ghost towns as rural America now only accounts for just 16 per cent of the population. The 2010 census results suggest that… Continue reading

Obama admits the government could default as debt talks collapse AGAIN

House Speaker John Boehner blamed President Barack Obama for the collapse of U.S. debt ceiling talks, saying the White House sought to raise taxes and failed to ‘make the tough choices’ on spending… Continue reading

UN security council to consider climate change peacekeeping

A special meeting of the United Nations security council is due to consider whether to expand its mission to keep the peace in an era of climate change. Small island states, which could… Continue reading

Jobless claims rise above expectations

(Reuters) – The number of Americans filing new claims for unemployment benefits rose more than expected last week, pointing to a labor market that is struggling to regain momentum. Initial claims for state… Continue reading