CNSNews.com – Economic Forecast is ‘Smoother’ than Reality

CNSNews.com – Chief Treasury Economist Says White House Economic Forecast is ‘Smoother’ than Can Be Expected in Reality.

(entire article reposted here – please comment!)

Alan B. Krueger, U.S. Assistant Secretary of the Treasury for Economic Policy

Tuesday, September 08, 2009 By Matt Cover (CNSNews.com) – Alan Krueger, assistant secretary for economic policy and [...]

US lurching towards ‘debt explosion’

The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’s own central bank.

Seeking Alpha: The Fed’s Balance Sheet

This article was found as http://seekingalpha.com/article/139650-the-fed-s-balance-sheet

author Tyler Durden.  Good comments on that website.

It was also submitted to digg.com and has good comments there.

We'd like your comments here on morality101, as this seems KEY to further collapse any day now!

Always good to keep things in perspective. The most recent Fed Balance [...]

Counter Revolution

This article is quite in line with our thinking

The Ponzi scheme that U.S. Congress has been running, since 1933, is about to collapse the nation. It may take out the world, as well.

What’s the scheme?

It “takes” from taxpayers and “gives” to recipients, while taking a cut of the action for their magnanimous [...]

The Crash: A Libertarian Perspective

Both Obama and McCain are trying to look reasonable yet dynamic in proposing programs that will KEEP PRICES HIGH. This is because large portions of the voting public think they are rich because they own assets (homes and stocks)that are overvalued….Only if you understand the roots of the crisis will you be able to offer [...]

The Future of Social Security?

Eventually, the current Ponzi scheme is going to go bankrupt, and right now there’s no morally principled reform on the horizon. So one big question is what sort of response to this brewing problem can we expect, given the current political and cultural climate?

Striker: What happens to SS when Gov goes bankrupt?

read more [...]

Bailouts: Ignoring Cause, Abusing Effect, Collapse

Following up on earlier posts America is History and – the Meltdown.

This post has also been submitted to Digg – you may comment here or there.

Back in the 60′s as a much younger man, I became a home-builder, and soon headed west to pursue that love in a more agreeable atmosphere.  It grew [...]

America is History — the Meltdown

This is a followup to America is History which I wrote and submitted to Digg last week.  Our government made a surprising move which is delaying the collapse for a short while, but the collapse is beyond avoidable.  This is my attempt to warn you — protect whatever assets you have as best you can, [...]

America is History

This morning I learned that our glorified Senator Dodd flapped his lips and told the country that we have but days to prevent financial meltdown. It’s the first honest thing we have heard from within government in a helluva long time, from a man I would not trust to deliver my newspaper.

Some (what, [...]

Down the Tubes

This began as a comment to a Digg thread pitching Ron Paul, a popular thread which needed expansion and action beyond what I had posted there.

All of us many problems, but solutions are all over the map and not much is viable.  We are deep into economic collapse, our greenback will take a huge [...]