40 Signs That America Is Rotting From The Inside Out

This will be such a crushing for not only the loss of life, but a huge hit to the U.S. economy as no money will be available to rebuild what is about to… Continue reading →

USPS could default on a $5.5 billion payment for Pensions

The US Postal Service is so deeply in debt that it could default on a $5.5 billion payment for retiree benefits by month’s end. No surprise there. Total mail volume is down 20… Continue reading →

The millions of Americans living in long-stay motels

They are known as the last resort. Millions of Americans are staying in budget long-stay motels as the country’s economic problems get worse. The grisly rooms are seen as the lowest of the… Continue reading →

Iranians: Time ripe for ‘Great Satan’ to be removed

The decline and fall of the American empire is unfolding and will usher in a new world order that doesn’t include the United States, Iran now believes. With the fiasco in Congress over… Continue reading →

Social Security disability on verge of insolvency

WASHINGTON (AP) — Laid-off workers and aging baby boomers are flooding Social Security’s disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Applications are up nearly 50… Continue reading →

Head of World Bank warns markets have entered new danger zone

The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that… Continue reading →

World one step away from economic meltdown

The world is just one misstep away from a complete financial, economic and geo-political meltdown. Though the mainstream voices have calmed their reports of Middle East conflict amid the debt ceiling and negative… Continue reading →

European Banks Scrambling to Prevent Default by Greece

European banks and insurers are scrambling to prevent a default by Greece amid worries that Greece’s parliament won’t pass a much-needed austerity plan next week. The focus right now is on a voluntary… Continue reading →

Extreme weather the achilles’ heel of the U.S. economy?

June 23, 2011 –WASHINGTON — Everything has its price, even the weather. New research indicates that routine weather events such as rain and cooler-than-average days can add up to an annual economic impact… Continue reading →

The Coming Economic Hell For American Families

Tens of millions of American families are about to go through economic hell and most of them don’t even realize it. Most Americans don’t spend a whole lot of time thinking about things… Continue reading →

CNN: 48% believe a Great Depression is coming within a year

Alternate headline: Great Depression worries go mainstream.  I guess we can count Barack Obama among the 51% who aren’t worried about it, since he’s not even worrying about a double-dip recession.  CNN’s latest… Continue reading →

America Is Rapidly Bleeding Wealth And Jobs: 28 Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind

The following are 28 statistics about the gutting of the U.S. economy that will blow your mind…. #1 According to the U.S. Department of Commerce, the U.S. trade deficit for the month of… Continue reading →