Back during the early 1930s, the flow of credit was greatly restricted and that was one of the primary causes of the Great Depression. Back in 2008, another massive credit crunch just about brought the financial world to its knees.READ MORE
Well, now it is starting to happen again. . .
But instead of doing something to prepare for the coming economic crisis, members of the U.S. Congress are focused on stripping even more of our liberties and freedoms away from us.
As I wrote about yesterday, a new law (S. 1867) is being pushed through the U.S. Senate that is extremely frightening.
If this bill becomes a law, the United States of America would officially become part of the "battlefield" in the war on terror, and any American citizen could easily be flagged as a "potential terrorist".
Once identified as a "potential terrorist", the U.S. military would be able to arrest you, take you to a foreign prison and detain you for the rest of your life without ever having to charge you with anything.
What in the world is happening to America?
Wednesday, November 30, 2011
Tens Of Millions Of American Families Are Living On The Edge Of Desperation – And The Economy Is About To Get A Whole Lot Worse
Labels:
banks,
credit,
economy,
financial crisis,
global,
Great Depression,
poverty,
U.S. economy,
unemployment
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