Fed insists more time is needed for economic improvement

While the attention of most Americans had been diverted this week either because of Donald Trump taking credit for “discovering” President Obama’s birth certificate, or Prince William and Kate’s Royal Wedding in Britain, we have an incompetent Federal Reserve that is completely out of control.

The International Monetary Fund stated on Monday that China will be the world’s largest economy by 2013, surpassing the United States because of the Fed’s reckless monetary and fiscal policies.

So I guess this information prompted Federal Reserve Chairman Ben Bernanke to do something for the first time in the Fed's entire history: Hold a press conference to address our nation’s economy, inflation and how we seemingly print money out of thin air.

Of course I’m joking. Do you really think Fed Chairman Ben Bernanke would spend his time vigorously addressing any of those issues?

At least on more than one occasion this year, the Obama Administration insisted major growth of our economy. Not true. According to Ben Bernanke, anyway.

Bernanke did say that the United States economy grew by a mere 1.8% in the first three months, but has not recovered from the deep recession stemming from 2008. Additionally, the nation’s unemployment is now 8.8% from 10% it was over a year ago. However, this has been employment growth has been in the public sector, not the private sector, as the government would want you to believe.

Bernanke also indicated that housing markets are still in decline and families continue to face foreclosures nationwide.

Despite the fact that he is slightly coming clean about our continued depressed state of affairs and that our $1 trillion deficit and $14 trillion national debt is unsustainable, Bernanke still wants Americans to buy into his philosophy that everything will be fine and dandy. If anyone actually does buy into Chairman Bernanke’s thoughts on our nation’s economy, maybe they need to be drug tested. This is the same Ben Bernanke, who in 2005, mentioned that housing prices would not drop substantially, and the same Ben Bernanke, who during the sub-prime mortgage crisis, said that those housing issues would not spread into larger mortgage markets, which were believed to have been much healthier.

The man’s track record and countless lies are simply incredible. How much time does Bernanke need to improve the U.S. economy? He says there is little control over gasoline prices, but the Fed continues quantitative easing and yet the dollar continues in rapid decline.  Does any of this make sense? Has he taken economics 101?

Despite the current problems with inflation and devaluing of the dollar, the Fed had absolutely no problem on transferring more than $550 billion to central banks overseas that Americans have never even heard of.

I hope Congressman Ron Paul is able to gather enough co-sponsors so that legislation will be introduced to look into the Fed’s policies and an internal audit conducted to see what the hell has been going in this counterfeit operation. Many Americans, I'm sure will be furious. 

Ahmadinejad: Unrest will spread to Europe and America

Well the head of the circus in the Middle East came out yesterday and said that the "wave of unrest that is happening in the Middle East is certain to spread to Europe and America."

Iranian President Mahmoud Ahmadinejad made the comments at the height of the protests in the entire region and has drawn criticism that his comments are derived from the belief that Shiite Muslims believe a ninth century hidden Imam will reappear.

Maybe 2012 really is the year the world will end, or maybe this really is the second coming of Christ, or some kind of rapture?

This is the same Ahmadinejad that spoke in front the United Nations assembly insisting that America was responsible for the 9/11 terrorist attacks and also that Iran is resisting a New World Order. Yet, in his comments, he is calling for a new system of world governance.

I guess he really has lost it.

Regardless, Ahmadinejad comments are unfortunately, somewhat correct. The protests that have been happening in the Middle East, are having impacts both in Europe and here in America. In Greece, Russia Today reported that over 60,000 people violently took to the streets attacking police officers. In Wisconsin, Governor Scott Walker is having a hell of a time balancing the budget and meeting the demands of greedy union workers, so much so that State Troopers are actually being dispatched to find missing State Representatives to return back to the capitol and put in their vote on balancing Wisconsin's budget.

To make matters worse, as the protests continue throughout the Middle East, it will unfortunately have dire consequences on the U.S. economy. Gas prices are starting to rise and when the cost of gas skyrockets, people seem to spend less, which means consumer products will most likely also start to rise, but the consumer demand for these products will start to decline, as they become too expensive for people to afford to purchase them.

There really is no way out of this mess we're in. Congress and State Legislatures will cut costs and raise taxes regardless, it will make no difference; the Muslim Brotherhood can continue to influence protesters and remove their sinister governments so they can establish a new order of government and remove Israel and finally, the United States, will probably, most likely, not be the United States anymore sometime down the road.

We only have the greedy self-serving international businessmen to thank for destroying our economic system

Crime wave in 2011?

It has been two years since the stock market crash and a world economic crisis spread. Millions and millions of people not just in America, but all over the world, continue to suffer from unemployment, struggling with no source of income to support themselves and their families and debt. Due to these factors, it brings upon a great deal of stress for many people, and when stress is a problem in a continued economic crisis, people begin to loose it.

In the last few months, there has been an escalation of violence throughout the United States. In September, there was an attempted assassination on Governor Jay Nixon of Missouri but the perpetrator mistakenly attacked the dean of a college, were the Governor was speaking. In Florida, about a month ago, a man opened fire on a school board meeting because his wife had been laid off by the school district. At the beginning of this month, we had the shooting in Tucson on Congresswoman Gabrielle Giffords.  In this last week alone, there have been a number of shootings at schools in Los Angeles and eleven shootings on police officers across the country. Also last week in Santa Ana, California, police uncovered graffiti on two separate occasions which had scathing words for a proposed plot to kill California Governor Jerry Brown.

This is disturbing news. Many people may just say that some of this is nothing new or that some people are just 'venting their frustrations'. But if you look at what is happening across the world, people are revolting everywhere from Tunisia to Egypt, and to England and Greece. People are fed up with government and living in terrible times.

Back here in the United States, a new AP survey involving some of the leading economists in the world, say that in 2011, the outlook for economic recovery should be more optimistic. So if this is the case, then in 2011, we should see a decline in crime and more employment, right?

But this is not entirely optimistic. As States across this country continue to suffer from skyrocketing deficits, they'll have to find some way to either raise taxes and push more people to the brink of despair, or implement severe cuts, which will also put people out of work. Some of them of course, can afford not to work, like the ones that have gigantic pension funds.

Across the world, every country seems to be having the same problem, financially and people suffer.

So, due to the continuing severe economic factors, will we start to see a crime wave in 2011?

I'm predicting we will... unfortunately.