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14 Reasons Why The Economic Collapse Of Japan Has Begun

by TheTotalCollapse.com on March 15, 2011

Economic Collapse Blog – The economic collapse of Japan has begun.  The extent of the devastation is now becoming clear and many are now projecting that this will be the most expensive natural disaster in modern human history.  The tsunami that struck Japan on March 11th swept up to 6 miles inland, destroying virtually everything in the way.  Countless thousands were killed and entire communities were totally wiped out.  So how does a nation that is already drowning in debt replace dozens of cities and towns that have suddenly been destroyed?  Many in the mainstream media are claiming that the economy of Japan will bounce right back from this, but they are wrong.  The tsunami decimated thousands of square miles.  The loss of homes, cars, businesses and personal wealth is almost unimaginable.  It is going to take many years to rebuild the roads, bridges, rail systems, ports, power lines and water systems that were lost.  There are going to be a significant number of Japanese insurance companies and financial institutions that are going to be totally wiped out as a result of this great tragedy.  Of course in the days ahead the Japanese people will band together and work hard to rebuild the nation, but the truth is that it is impossible to “bounce right back” from such a massive loss of wealth, assets and infrastructure.

Just think about what happened after Hurricane Katrina.  Did the economy of New Orleans bounce right back?  No, there are some areas of New Orleans today that still look like war zones.

Well, this disaster is much worse.

The truth is that this is going to be one of the defining moments in the history of Japan.  Hundreds of miles along the coast of Japan have been absolutely devastated.  Authorities are finding it difficult to even get food and water into some areas at this point.

Even before this great tragedy Japan was one of the nations that was on the verge of a national economic collapse.  Their economy had been in the doldrums for over a decade and their national debt was well over 200 percent of GDP.  Now the Japanese economy has experienced a shock from which it may never truly recover.

The Bank of Japan is already flooding the Japanese economy with new yen, and so we may indeed see some impressive “economic growth” statistics at the end of the year.  But just because lots more yen are being passed around does not mean that the Japanese economy is in better shape.

The truth is that a tsunami of yen is not going to undo the damage that the tsunami of water did.  A massive amount of Japanese wealth was wiped out by this disaster.  An economy that was already teetering on the brink is now very likely going to plunge into oblivion.

It is fine to be optimistic, but the cold, hard reality of the situation is that this is a knockout blow for the Japanese economy.  The extent of the devastation is just too great.  This truly is a complete and total nightmare.

The following are 14 reasons why the economic collapse of Japan has now begun….

#1 The Bank of Japan has announced that they have decided to flood the Japanese economy with 15 trillion yen.  That is the equivalent of roughly $183 billion dollars.  This is going to provide needed liquidity in the short-term, but it is also going to set Japan on a highly inflationary course.

#2 Japan’s Nikkei 225 stock average declined by more than 6 percent on Monday.  As the full extent of the damage becomes apparent more declines are likely.

#3 Oil refineries all over Japan have been severely damaged or destroyed.  For example, six refineries that combine to process 31 percent of the oil for Japan have been totally shut down at least for now.

#4 The damage to roads, bridges, ports and rail systems is estimated to be in the billions of dollars.  The damage done to power lines and water systems is almost unimaginable.  It is going to take many years to rebuild the infrastructure of Japan.

#5 Right now the flow of goods and services in many areas of northern Japan has been reduced to a crawl, and this is likely to remain the case for quite some time.

#6 Many cities and towns along the east coast of Japan have essentially been completely destroyed.

#7 Japan’s nuclear industry is essentially dead in the water at this point.  Even if there is not a full-blown nuclear meltdown, the events that have transpired already have frightened people enough to cause a massive public outcry against nuclear power in Japan.

#8 Japan is going to need even more oil and natural gas in the long run to replace lost nuclear energy production.  Prior to this crisis, Japan derived 29 percent of its electricity from nuclear power.

#9 Japan is the second largest foreign holder of U.S. government debt, but that is about to change.  Japan currently has about $882 billion in U.S. Treasury bonds and they are going to have to liquidate much of that in order to fund the rebuilding of their nation.

#10 Many factories in Japan are closing down at least temporarily.  For example, Nissan has shut down four factories and Sony has shut down six factories.

#11 Toyota has shut down all production at its factories in Japan until at least March 16th.

#12 A substantial number of Japanese financial institutions and insurance companies are absolutely going to be devastated by this nightmare.

#13 Japan’s budget deficit was already 9 percent of GDP even before this tragedy.  Now they are going to have to borrow lots more money to fund the rebuilding effort.

#14 Japan’s national debt was already well over 200 percent of GDP even before this tragedy.  How much farther into the danger zone can they possibly go?

Sadly, as the economy of Japan goes down it is going to have a huge affect on the rest of the world as well.  For example, Japan is no longer going to be able to buy up huge amounts of U.S. Treasuries.  So who is going to pick up the slack?  Will our government officials beg China to lend us even more money?  Will the Federal Reserve just “buy” even more of our government debt?

Right now there are more questions than there are answers, but what is clear is that the Japanese economy has just been dealt an incapacitating blow.  Hopefully this tragedy will bring out the best in the Japanese people, but no matter how resilient they are, the truth is that this is something that no nation would be able to bounce back from quickly.

Let us hope that the economic damage from this tragedy will be contained and will not spread to the rest of the world.  The global economy is already in enough trouble, and hopefully this tragedy will not cause a cascade of economic failures to sweep the globe.

 

{ 2 comments… read them below or add one }

jap end March 30, 2011 at 2:33 am

IT WAS THE BEST OF TIMES, IT WAS THE WORST OF TIMES, IT WAS THE END OF TIMES

THIS IS THE MOST IMPORTANT BLOG YOU WILL EVER READ!!!!!!!!
AVOID TAXES AND USE ONLY CASH!!!!!!!!
TAXES ARE NOT PART OF THE CONSTITUTION!!!!!!!!

America you need to avoid paying taxes, and funding this corrupt defunct government. Uncle Sam has cheated us all, and they do not deserve your tax money. There are things you can do. Pay cash. Help others with cash not credit. Credit card companies and banks make money off transactions and report all your information to the IRS. If you receive cash, don’t claim it and don’t place it in any bank account. Use it. Use barter, and make your own products tax free. Uncle Sam has been wasting and stealing your money for years and I will explain in detail what is happening to you below. Avoiding taxes is the only way to fix this corrupt government.

When using cash or accruing it, make sure you take the cash out of the U.S. on trips and deposit it in a non-America based area like the Cayman Islands. Never put money or use credit that traces the money. You get cash in your business, simply pocket it and take it with you on your next trip. Alternately, you can buy precious metals or any physical commodity where you don’t give your name and it makes it easier to transport your wealth. Forget all these 401K schemes and other investing boolsheet. They are distractions on how you can really save for your future. The longer your money sits in some account or 401K. The more time it gives some banker to steal it from you. Remember the RICH have already screwed you, and their punishments, if any, never fit the crime. Plus, it takes less than one penny out of one dollar for everything we need from roads to infrastructure. Everything else is someone else’s agenda or waste. If I am not right here, then how did measures like Glass-Steagall Act get removed. Banks, Wall Street, Congress and those in control of Congress know exactly where all the money went, and worked hard to cause this raping of America.

America, tired of your world crumbling around you. Well, guess what, you have it coming. How many times have you all sat back and let measures like I-1098, tax the rich, go to the wasteside. You are nothing but sheeple, and I will explain exactly how deep the manure you are stepping in really is. All I speak is the truth and you can start looking up these facts and do something for once. Also, I do not just bitch like most bloggers, I propose solutions. I know only fools will reply, and this message is not for them. Many of you will read this and know exactly how deep the rabbit hole really goes and where you really need to ally yourself. This is not some doomsday or conspiracy theory. American probably will not go into chaos or ruin, but your way of life is doomed at the very least. How you react to what has happened to you will determine if the United States falls apart because you were screwed hard, if you did not already know.

Bailouts for bankers showed exactly where our government allegiances lie, and it is not with the people. Wall Street lies. Accounting firms helped cook the books that were supposed to protect us. All large corporations are audited by the big four like KPMG, Deloitte Touche Tohmatsu, Ernst & Young and PricewaterhouseCoopers who pretend to not see fraud. There should be a whole system constantly watching where all the corporate money goes and not the lowly peasant American class. There should be more than four accounting firms, and honesty ratings for their work, don’t you think. Why on earth would anyone every invest any money into the stock market or America under these conditions. AIG allowed a bailout and the banks. We, the FED, pay Goldman Sachs money to sell us our own bonds, and Hank Paulson worked for the SOBs. There are lists of the banks that took money from the bailout. Never do business with them again, period.

States are going bankrupt and will either give you an IOU or pay you nothing. If you are a private business worker, do no jobs for any government without money up front.

Housing market is toast just check out the concept of Shadow Inventory. The real number of foreclosures is hidden by banks. The reason to hide the truth is because when people see a rundown or vacant neighborhood they run. Really, the number of foreclosures is huge, and the most conservative estimate is 5 years to work itself out if possible. Reality is conservative estimates are lying some, and the reality is America is screwed big time. By my estimates, there are 7 to every 1 foreclosure seen, and banks try to hide the status of these using manipulation on how they consider this asset/liability of a vacant depreciated house. Just rent some dive for now like I do, and force the rest of this burst bubble to drain off. Causing the housing market, banks, states and the US government to go bellyup is the best thing you can do right now to get us back on track.

Mandatory Spending
$695 billion Social Security, $571 billion Other mandatory programs, $453 billion Medicare, $290 billion Medicaid, $164 billion Interest on National Debt

Discretionary Spending
$663.7 billion Department of Defense, $78.7 billion Department of Health and Human Services, $72.5 billion Department of Transportation, $51.7 billion Department of State, $47.5 billion Department of Housing and Urban Development, $46.7 billion Department of Education, $42.7 billion Department of Homeland Security, $26.3 billion Department of Energy, $26 billion Department of Agriculture, $23.9 billion Department of Justice, $18.7 billion National Aeronautics and Space Administration,

PROBLEMS:

Lets start with 2011. Why the budget cuts everywhere all of a sudden. Maybe you are not hearing the news American media wants you to hear, but the world (particularly International Monetary Fund, China, Russia and the Middle East) is no longer taking US quantitatively eased funny money anymore. This occurred more than a year prior, but was announced in non-biased media in November 2010 (Media like CNN, New York Times, and MSNBC are crap and usually leave this news out). The effect takes about three months to kick US butt. Your money is deflated, and is probably worth half what it originally was worth a few years ago. That is right. 50% loss in a few years. Also, foreigners are not likely to take your money anymore. Try an exchange in Europe sometime, or take a trip there. Dollars are like the plague.

Since demonstrations were in the media lately in Wisconsin, lets show who is deserving of your money. So lets address cops, firefighter, teachers and city workers in the budget cuts which seems to be a focus from Wisconsin. Now first of all all Congress, administrators, managers, judges and high paid workers should take a pay cut before those that actually do good for a city do. Cops, firefighters and teachers are not part of the good, and all deserved to be fired and restructured. In fact, with the purse strings getting pulled, I bet you see more state employees doing less work or more illegal acts as retribution for the cutbacks.

First we will tackle cops. Cops make up charges, arrest to keep themselves in business, and last time I checked traffic tickets never helped an economy. Look these facts up. Many other countries use no traffic lights and get along just fine. I do not need some coward cop acting like a thief behind a bush waiting to give someone a ticket. There is less crime than ever before. Look up the movie Freakonomics. Freakonomics showed the correlation between abortions and reduced crime. However your take on abortion, it is clear moms raising good kids and less unwanted children by birth control or whatever is what is actually reducing crime not cops. Why do we need police with less crime. When did tickets go from $10 for seriously speeding in my dad’s days, to $150 for parking, wrong. Stupid cops also suck at solving crimes. Many of you know you are lucky to get a fingerprint job done if you are robbed and they usually never catch the thief. Are we not paying them to protect and serve. I personally have never seen them do any of this for my community. If they do catch thieves, you have an even higher chance of never getting your money back or getting justice. Cops are corrupt and cowards from beating up grandmas to killing unarmed men like Oscar Grant that have already been restrained. Do you understand the liability to the taxpayer. When these corrupt cops screw up we are liable for those million dollar lawsuits funding more lawyers and the rich. This means less services you really need from your city like clean streets during winter, look at New York. I absolutely sympathize with people when they kill cops because any coward that abuses their power deserves it. Arm yourselves America. Fire cops, they are, at the very least, a waste of money.

Cases of judges are just as bad as the cops. Wrongfully jailing juveniles, taking kickbacks to fund their own private companies, dealing with these supposed troubled kids. Judges Michael T. Conahan, and Mark A. Ciavarella Jr. both guilty.

Now the firefighters/paramedics. It is noble to help those that are in trouble in a fire or emergency, but the majority of firefighters don’t do this. In other words their is not enough work to go around. If we had lots of fire problems or emergencies, then I could see all the government payout, but most of the time they are sleeping or playing at the firehouse or EMT station. It is a liability for a firefighter to enter a burning building. Most either just hose the building down if people are there, or let it burn down if there are no people inside. Who the hell needs that. There are even firefighters who start major fires all across the country. Terry Barton and the Hayman Fire fiasco actually had a firefighter causing a huge amount of damage 138,000 acres, destroyed 133 homes and 30 million dollars total. We the taxpayer flipped this bill. Cops and firefighters also use taxpayer owned vehicles for their own personal business commuting from home. How often have you seen a firetruck parked over eight spaces to eat bar-b-q or do their shopping at a store, bullshit.

Finally, teachers and their worthless effort at educating our kids. You are paid way more than you are worth. You teachers have horrible education records, lack of care and taxpayers are tired of it. Little Suzie and Johnny are getting dumber by the second.

National defense in America is a joke. 700 billion dollars in wasted money a year. Yes, wasted. Since the time of Regan’s dumb monkey sell off days, taxpayer’s money to companies like Lockheed, Haliburton, Monsanto, GE, Northrop, Boeing, and Raytheon, have went through the roof. We have fronted the bill for nothing. That is right our military is nothing.

Here is a look at how defenseless America really is. Serbia shot down our F-117 stealth fighter, and America tried to hide the truth. A Serbian baker working in their countries army used long range radar to detect stealth easily, and shot one down with old school technology. Billions spent in stealth technology and it is worthless. Not only is stealth worthless but congressional kickback players and defense companies knew this. That is right. Lockheed reps knew stealth was crap, and their congressional cronies. They are not concerned with the safety of America, but only ripping Americans off. It is all about money. Americans are no better protected from a nuclear attack today. America is also no stronger a superpower than many of the rival countries around the world. Russian S-400 missile systems are all around the world, sold to the Middle East, China and Europe. The S-400 can stop a nuke or plane (bogus stealth or not) up to 250 miles away by heat seeking missiles. These systems are fool-proof. For years America has bought into star wars, missile defense shields, and expensive laser systems like Free Electron Laser. These systems are either expensive as hell or don’t work or are not worth the money.

Next problem are home grown defense problems like the CIA, FBI, etc. Cut intelligence and get rid of the pentagon and bring our troops home. Stop forcing soldiers into war they do not want to be in for the pursuit of oil. Stop trying to assassinate people around the world and pissing them off costing us Americans more money. Stop entrapment cases against your own citizens just to make us believe we still have a use for you. Particularly I read some articles where Islamic U.S. citizens were promised large sums of money by FBI agents to attack us. Most think they would never have thought of this without large promises of money in the sting operation. Our country is poor and you will find people willing to do a lot for money. What ever happened to actually catching those that do crimes? Additionally, the FBI was trying to get people as child predators for hitting a link they set up on a site. Now I am not defending child predators, however, the act of placing stupid links that anyone can accidentally hit is simply a money grab. Someone could get on your business or home wireless network and your screwed, and you could screw that neighbor you don’t like for sure just looking for these FBI sites. Entrapment kills freedom, and it sucks to live in this supposed “Land of the Free”. Additionally, both CIA and FBI don’t even communicate with each other for crap. Again, you can see the pattern here. It is one big money grab.

NASA, need another seven astronuts, is a public relations waste of money. NASA is wasteful and you can look up the statistics of how wasteful the space shuttle and rest of the space agency is. You will find there are ways to save money like flying rockets by plane and then releasing instead of wasting tones of precious fuel. The real question is why do we need NASA anyway. It does nothing. Most land telescopes, infrared, etc. tell us what is going on in space. Hubble was pretty decent, had they shipped it into space correct the first time. Mostly NASA is overpaid bureaucracy with no intention of actually benefiting science. This is why you see stories like that crazy lady astronaut who used a space suit to avoid stopping on her way to kill her competition. Waste beyond belief with nothing to show for it. Overpaid scientists that come up with virtually nothing. We have a lot of problems at home people, and until we figure ways to move like Star Trek there is absolutely no reason to send people up there.

Now a bit on Social Security. What is the point of Social Security if Congress is allowed to dip into it. What is the point of Social Security if we have to keep raising the age to the point of death. What is the point of Social Security if it does not accommodate the unfair devaluation by the FED that is pumping funny money around deflating the American dollar. I have a solution, read below.

Obamacare, Medicaid and Medicare. WTF? Why do insurance companies get what they want? Health insurance company stock went through the roof when Obamacare passed. All Americans now had to buy health care insurance in 2012 whether they like it or not. Medicare and Medicaid are making huge cutbacks, and our federal healthcare will be worthless in just a little while.

Monopolies and big business destroy an economy. Here is a lesson on business 101. An Oligopoly is a few companies that control the market while a Monopoly controls the whole market. Market control can work vertically and horizontally. Example, in vertical control a company owns rubber trees, to rubber plant vulcanization, to tires to cars. You control the very creation of the item to finish. Horizontal control is where one would own all tire producing stores that sell tires to cars. This is what kills America. You let the few control all the power. Look at Microsoft. Why in the hell is one company in control of producing all the operating software for systems. Not only does it force higher prices for you. It also stagnates innovations i.e. Windows blows dog. On top of this. This is your country America, and if they make stuff here they need to play by the rules of the people. Break up Oligopolies and Monopolies and promote competition. There is plenty of work to go around.

Freedoms are completely gone and America is just a lie. I give you one example, Wikileaks. Now you may not like Julian Assange or his organization, but you should question how your government reacted and influenced others. If America has dirty laundry, we the taxpayer want to know about it and correct it. The right thing would have been to discipline those that did wrong and tried to have a more open door policy with the military. This did not occur. Assange was branded a terrorist and other countries were influenced to do America’s bidding. Bradley manning has not seen the light of day, and has not been charged. Companies like Paypal, Visa and Mastercard blocked donations to Wikileaks for favors from the United States government. What the hell does this have to do with freedom. Freedom is the right to do anything that does not infringe upon others. If I want to do drugs or skydiving, it is no ones business. I own my body. Not insurance companies or employers. We have a right to keep our information secret and not have corporate America or government use it against us. We also have the right to know where every penny of our money is being spent, period. We also have the right to justice like the lady with a blindfold holding the scales. She is blinded so no one can unfairly influence her.

Blindfolded justice is an essential concept, and concepts help one solve problems. What kind of person would I be if I just bitched above. It is time to give you some solutions that I bet most of you have had at one time or another. You will note that none of these solutions have ever been discussed by Congress. Why? They don’t listen to people when there ringer falls off the hook. Why? Because they are busy colluding with their private funders. Wonder how many Swiss Bank accounts Congressmen own. Wouldn’t it be great if the FBI actually did their job and investigated them. Wonder why people like Gabrielle Giffords are getting shot. Here is the only way to get out of Wonderland.

SOLUTIONS:

1. Put your money in gold, silver or around the world. Do not let your cash money into an account that can be subpoenaed by anyone. Get passports to other countries and start taking your money out of this corrupt country. Demand your employer pay you in something other than US dollars. Never take a paper backed by gold, or leave your gold in a US bank.

2. Fire overpaid state workers, and lower all our taxes including pay to top paid officials; cops, firefighters, paramedics, teachers, etc. Just fire the majority of cops unless they actually deal with current crimes. No cold cases or traffic tickets. No helping cities with austerity measures. Hire all of people with degrees, out of work, to teach. You don’t need a teacher certificate to teach. You would bring up the standards of our children exponentially. There are enough educators if you change this standard. Citizens should volunteer for free to help in case of fires, and not pay a bloated state system. Public employees should earn the same or less than the public, always. Remember they work for you which is not happening now. Lower your tax rate if you own a house. Go to the state board and fight to lower the value of your home to pay less taxes. It does not affect what your home really sells for. You are all paying too much in taxes. Also, never invest in anything. If you cannot see your money, you may not really have it.

3. At least follow the constitution like Ron Paul would like, or think outside of the box and change it to be better than it was written. Why can we not have true freedom of speech? Why can I not get a jury of my peers in every situation? Who needs a corrupt judge. If everyone had a jury, even in small traffic offenses, then cites would not be able to rape us in austerity measures. Traffic tickets should be based on points, and not money. Case in point. Well off drunk drivers are back on the street after multiple offenses. Those that can’t pay their traffic tickets lose their license. It is all a money grab people. This has nothing to do with street safety which is the point of the ticket system. Again, my father told me they used to pay 10 dollars for maximum speeding tickets, but they were strict on points. Take money out of the equation and see exactly how well a society can work.

4. Drop the entire national defense budget and start over. Revamp the entire thing into one intelligence agency and one army, thats it. Government needs to build its own weapons, and actually build something that can defend. Buying worthless crap from private contractors is not the solution. If there is enough real crime, not created or fudged numbers, then there is a need for intervention. We are not a criminal nation, and we need very little policing. We all have the right to bear arms, and that goes farther than any government system at protecting us.

5. Social Security is easy to fix, watch this. Every age gets to vote on this measure and determine if they still want to be part of the system. If you do not want to be part of Social Security, you vote, get your money back plus interest, and you never get benefits again. If you want Social Security you are entitled to it, and it should be adjusted for inflation. We owe the older generation for everything they did. Look at the Hoover Dam. My community benefits from this creation, and it has been said it could not be done in this day and age. Why, because of a government drain on societies and labor. We need to cut Congressional pay, pork spending, everything until we pay back the last generation the benefits they deserve. They were promised 55 and not an escalated age. Where does it stop, 100 years old. There is no point to benefits if you increase the age.

6. Obamacare. I do not have to buy insurance, period. I accept my own liabilities whether in a car or my own body. America needs to stand up to this, and you should never pay for anything you are forced into. What I cannot figure is why people don’t buy insurance out of the US that claims to meet the requirements. Cities have no way of verifying this, or running out of state licenses. States don’t get along with one another with minor matters. So get cheap insurance to meet the requirement for now, and force changes to remove this requirement. Plus, you need to register your vehicle in another state that is cheap. Help your brothers out and let them use your residence for mailing. Help expensive registration fees get a reality check.

7. You have to break up monopolies, period. A true capitalist society does not have these because greed naturally forces people to go for their share of the pie. Just think if there were 20 Microsoft companies. I would not have the crappy windows crap that has gone nowhere in a long time. I would have a windows that could be set up for exactly my needs without tons of resident crap programs running burning my vital processor use. Just more errors, less customer service, and a crappier product. Competition breeds innovation, and improves all our lives. The only aspect of government should be to ensure no corruption or collusion, as well as pollution is occurring with these companies. Since American does not work like this, I do not blame the pirate nation. People should copy movies, software, etc because you have been cheated by these monopolies that have bought out your government.

8. Transparency in government is the only way. The people need a vote on a national level like states do, which is only done by Congress at the moment. If there are enough signatures in states, a measure is voted by the people that can never be turned over by Congress. The same can be done nationally. You can have open year round measure proposals by the people that override Congress. If people vote on it, it can never be broken by Congress. You also need rights. Right to know where every penny is going. There are watchdog groups that are willing to do this for free, and all they need is access to the cooked books. One thing that needs to happen is an open FED to see how screwed up our monetary system is. Right to be free of entrapment and made up government. Right to your own land and imminent domain in the name of Walmart is not right. The US government needs to destroy the money it takes in, and begin to deflate the dollar increasing its worth. The actual debt is false, and is even bigger if you consider inflation. The actual debt is probably double what is reported. Time to deflate the dollar down which means government will not benefit from the money it takes in and destroys. Sammy needs a diet anyway.

9. I said it before. Wikileaks should not have been as dramatic as it turned out. The United States overreacted because governments are screwing their people, and If we knew what they were doing to us, they would no longer exist. Look at companies like Monsanto who placed cockroach DNA in corn to make it survive its own Ready Round Up pesticide. They were a chemical warfare company back in the day, and caused cancer around the globe that will be felt in soils for hundreds of years. This corn fiasco was allowed to be patented, and Monsanto’s own employees now run the FDA. Their corn has blown across fields poisoning us all. You very food has been screwed by government. You may say, well I don’t eat corn. Corn syrup is in everything, and you need to read the labels. Corn syrup manufacturers wanted to change the name to just sugar, and you should fight this. Originally corn was going to be used to fuel ethanol to avoid oil prices, but this is not the case. There is not enough sugar in corn for that. South American countries use this technology though with sugar cane, and making money right and left while America falls behind. It is not just Corn, but other foods as well. There is a product called pink slime. Lets say I was a butcher and all the scraps on the dirty floor were thrown in a rotting trash bin. Well imagine corporate America found a way to use that trash by treating it with ammonia and smashing it up. Well, they do this right now for over a little bit of 5 years, thanks FDA. This is a non-disclosed filler in everything from McShit to Taco Bell. 80% of ground beef has this pink slime stuff, look it up. The rich do not care about the poor, and if this doesn’t wake you up I do not know what will.

10. America without a real revolution you are screwed. The Constitution does not fit the benefit of us today, or not the way it has been changed. I am not going to fix it, and am leaving as soon as possible. There are better lands abroad, and places where they do not screw its people to such an extent. I truly hope that not many lives are lost, but I hope you take with you, as your world falls apart, one thing. It is not your neighbor that is your enemy no matter the color, shape, size, shape, even though there may come a time when you steal what is his to feed yourself. Your enemy is the rich, and it always has been. The rich are the reason for no advancements in society, eating garbage, and being forced to do their bidding. Trust me, there is plenty for everyone. When you have come to the end of the line I hope you remember this, and where your vengeance should lie. DESTROY THE RICH

Financial Collapse August 22, 2011 at 4:31 pm

Everyone needs to get this correct… (REPOST ON TWITTER, FACEBOOK)

America is controlled by the 3 privately owned states (district of columbia, the city of london, and the vatican.) Each has it’s own flag, pays no taxes and has it’s own laws. All 3 are part of an interlocking “ONE” called “City Of The Empire” Or “Black Sun”.

When you pay taxes it goes to The Bank Of London and straight to the vatican. These 3 privately owned tiny nation states are owned by 13 families that rule the entire planet militarily, financially, and spiritually. Without a doubt. OPEN YOUR EYES AND YOU WILL SEE IT.

They control the markets, the religions, the media, and they rob you of your wealth. Wake up. Time to wake everyone up. Nothing will change until the people SEE the TRUTH about their miserable extistence that has been dictated to them by these CREEPS