I hate to have to say this during the Christmas season, but the lies are becoming ubiquitous and the complacency is beyond belief. This can only mean that the people actually believe what the government is saying about the economic recovery. THERE IS NO RECOVERY. The global debt bubble is teetering on a cliff with the world's central banks trying desperately to paper over the debts by adding trillions of additional debt on top of the pile. This is done by printing pieces of paper which are nothing more than worthless IOU's.

The Wall Street/Government conspiracy has secretly forced the public to bail out the banksters, and, in the doing, has managed to transfer what was private debt incurred by fraudulent behavior into sovereign debt now on the backs of the people.

With Wall Street now targeting for profit the debt of one European country after another, the main stream cheerleading press is in cahoots by diverting the public's attention from here to there. But the day of reckoning is coming for the USA. With our Federal, state, and local governments either already bankrupt or soon to be, and the so called "dumb money" all in when it comes to the stock and bond markets, it is time to come out of denial and recognize that we are in a monetary crisis that will end badly.

Protect yourselves. We are running out of time. The better things look on the surface, the more explosive they are getting in reality.

December 21, 2010