Globalist Fueled Revolution in Greece

Greece: Riots, Revolution and Default? Will America Follow?

August 20, 2010

RafaelMinistries - Is Greece on the verge of Collapse?

According to Spiegel, the situation in Greece is tense. It is evident for anyone that reads the article that Greece is on the verge of very violent riots, default and revolution.

With unemployment at 70% in some cities, government job cuts, consumer sales collapse, and weak tourism because of the global economic conditions; it should be more than self-evident that Greece is about to explode. How can it not? In the words of Lucifer: "Skin for skin! Yes, all that a man has he will give for his life.” (Job 2:4) Gerald Celente from Trends Reseach has a similar saying: “when people lose everything, they lose it” (not that I’m comparing him to Satan).

It is obvious that the population of Greece is on the brink of losing it. It is in the human nature to seek someone to blame. People are angry and the Greek government is about to find out. They will have no choice but to default, and withdraw from the European Union. Bob Chapman of The International Forecaster has concluded this long before anyone else. He believes that the EU will eventually break apart, and that most Nations, including America, will eventually default, devalue and revalue their currencies. In his opinion, the deflationary depression cannot be avoided, only delayed.

We would be well advice to take notice of Greece, because it could very well be that US will be in a similar situation in 2-3 years from now, or perhaps even sooner. It is true that the FED has decided to inflate, for this very reason, but eventually they will have no choice but to raise the interest rate, then comes the tumble. If the Fed actually begins QE2 (quantitative easing) then inflation will jump, which will eventually lead to rate hikes. Bob believes that the reason for QE2 is not to prevent deflationary depression, but to try and delay it until after the presidential election, because DD is locked in no matter what. It’s just a matter of time.

It is my opinion that if America is involved in another war, or has another “Terrorist” attack, the FED will not even try to delay the correction; and what Greece is about to experience will eventually be shared by America and the World.

Will Entitlement and Stimulus Programs Bankrupt America?

August 6, 2010

Napa Valley Register - America has long been a country of entitlement. Originally defined as a “guarantee of access to benefits based on established rights or legislation,” entitlement now includes “anyone who is deserving of some particular reward or benefit.” This has changed the paradigm of entitlements, as well as the future of America, forever.

Many think “entitlement” and welfare and Social Security come to mind. The United States did not have an organized welfare system until the Great Depression when emergency relief measures were introduced under FDR to prevent societal and economic collapse. Even then, Roosevelt’s New Deal focused predominantly on programs providing work and stimulating the economy through public spending on projects, rather than on cash payments.

Entitlement is now understood to be anyone who feels entitled to any government funds. Our entitlement culture expects the government to provide things perceived as basic human rights such as health care, employment, food, shelter and education. But the underlying reason for its existence is the same as it was during the ’30s: Without it, we’ll be looking at the collapse of America and a revolution much like Russia suffered in 1917, though catastrophically worse.

The problem with entitlements is how they’re paid for. Raising money through taxes won’t happen because the only segment of the economy that can afford a substantial tax increase, the rich, have political power to prevent it. And with the federal deficit at the point where any increase may break the bank, you can forget about borrowing much more. But as the economy continues to tank, more people need entitlements to survive these very times the government can least afford them. This is like retrofitting a bridge for the next big quake using weaker replacement supports as traffic using the bridge gets heavier. The bridge eventually collapses on its own.

For years, I’ve been warning that industrial civilization’s growth economy has reached its peak and is entering a long period of contraction. As the private sector shrinks, so will jobs and income. Many economists now predict that most jobs lost since 2007 will never return and the situation is made gloomier by two government reports on July 22 showing that retraining programs are failing because there are few jobs to retrain people for, and those unemployed who are 55 and older will probably never work again. In our entitlement society, this once productive segment of America will feel entitled to federal help, help we can’t afford.

The questions that haunted FDR have to be on the minds of our leaders today as circumstances are exponentially worse. The economy had room to grow 75 years ago when the population was a manageable 120 million, one-third of what we have today. Adding to the problem is that the U.S. population is expected to grow another 100 million in the next 40 years.

As people continue to lose their homes and unemployment benefits, they’ll then have to sell everything of value they have left. Turning to the traditional areas of help, such as families and churches, will be difficult as they are already stretched to the limit. Soup kitchens such as the Salvation Army or The Table in Napa are feeding record numbers while Napa’s South Shelter and other North Bay homeless shelters have long waiting lists.

This desperate situation is the same all across the nation. As soon as the government cannot provide basic housing and food to these tens of millions of people, localized lawlessness and chaos will give way to complete anarchy.

Those not believing this bleak scenario only have to be reminded that civilizations based on growth have always collapsed when their populations overshoot the carrying capacity of their financial systems and resources.

Each civilization believes it will be different than those in the past because they’ve progressed farther and won’t make the same mistakes. Then they quickly proceed to fail with even more tragic results.

There are some countries that understand this. Australia and Canada, both with about the same land mass as America and more natural resources, have decided to not pursue population and economic growth as they have in the past.

They look at us, each with about one-tenth of our population, and wonder what we’re going to do with all these people who expect the government to take care of them in the worst of times? Entitlement/stimulus programs can work, but only if they don’t bankrupt the country first.

As bad as things are, there are countries worse off, such as Saudi Arabia.

Oil allowed it to have the largest entitlement program in history where every citizen is taken care of. But its population has long overshot its economic capacity. No nation is borrowing as furiously as the Saudis to keep their entitlement from sinking their ship on a sea, of all things, oil.