“How the Falling Dollar Affects Americans”

US consumers' standard of living may drop as they pay more for foreign goods, but demand for American labor will rise, say economists.

The saga of the sagging dollar continues.

All year, the dollar has drooped compared with other major currencies. Last week, after the Federal Reserve reduced interest rates, it fell even further -- now at a level not seen since 1997. The Canadian loonie is even stronger -- on par with the greenback for the first time in 30 years.

But does a less prestigious portrait of George Washington (on the dollar bill) have any meaning for most Americans?    read more ...

“Your Life In A Day”

With the passage of time, all such actions or lack of them, appear less significant. And anyway, since the cells in our body die and are renewed, replaced by different ones, we do in a literal sense become difference individuals. The connection I have to the boy I once was is now so fragile that it requires an act of conscious 'faith' to maintain that we are in any significant sense the same person. - Sebastian Faulks, Engleby, Vintage Press (Random House), 2008

Today ain't like it used to be. But then, you aren't either.

As Faulks suggested in the quote, our physical self changes every day. In fact, there is no part of your body that still has the same cells as it had 15 years ago. Over that period you have been completely rebuilt.    read more ...

“8 Shocking Ways the Billionaires Have Schemed to Rob Us of Every Last $”

"It was at Rome, on the 15th of October, 1764, as I sat musing amidst the ruins of the Capitol, while the barefooted friars were singing vespers in the Temple of Jupiter, that the idea of writing the decline and fall of the city first started to my mind." -- Edward Gibbon

American billionaires keep cooking up scheme after scheme to shake down Americans and plunder the national wealth, as if the last one was too easy and boring.

Every day and every week we hear another shocking story about how our billionaires have cooked up an even sicker scheme to shake down Americans and plunder the national wealth, as if the last scheme was too easy and boring. They don't even bother hiding it anymore: take the story about the "Death Bonds" I wrote about last month, first reported (however blandly) in the New York Times: the very same Wall Street bankers who conned $23 trillion out of America's wealth is now going to use some of that play money to place bets on when we Americans will die -- and the sooner we die, the more billions in E-Z profits Wall Street will earn.     read more ...

“How They Brainwash A Nation”

Editor's note: As documented by the late Antony C. Sutton, Russian Marxism was created by Wall Street. "The question now in the readers' minds must be, were these bankers also secret Bolsheviks? No, of course not. The financiers were without ideology.

It would be a gross misinterpretation to assume that assistance for the Bolshevists was ideologically motivated, in any narrow sense. The financiers were power-motivated and therefore assisted any political vehicle that would give them an entree to power." This effort "appears to be the foreign counterpart of Carroll Quigley's claim that J.P. Morgan infiltrated the domestic left. Morgan also infiltrated the international left," Sutton claims.     read more ...

“What Will Replace the Dollar?”

If you haven't seen it, there was a "news" item supposedly from Pravda that tells us the United States, Canada and Mexico have secretly planned to introduce a new North American currency, the Amero. Below is the alleged sample of the 50 Amero bill

Amero to become USA's new currency when dollar collapses? Doubtful.

Will the Amero replace the dollar? Not at all ... this myth has already been debunked online. If there were a new currency we also wouldn't expect to see it any time soon, that's our guess. We're in a depression.     read more ...

“2012 Forecast”

2012 forecast: Food riots, ghost malls, mob rule, terror.

A trends forecaster says the current economic "rebound :from last winter's Wall Street collapse of banks, insurance companies and automobile manufacturers is an artificial blip created by 'phantom money printed out of thin air backed by nothing."

And Gerald Celente of TrendsResearch.com, says people right now should be bracing for "the greatest recession" which will hit worldwide and will mark the "decline of empire America." Crop failures could be among the minor concerns.

"Here we are in 2012. Food riots, tax protests, farmer rebellions, student revolts, squatter diggins, homeless uprisings, tent cities, ghost malls, general strikes, bossnappings, kidnappings, industrial saboteurs, gang warfare, mob rule, terror," he writes for a quarterly publication that is available through subscription on his website.     read more ...

“The Mark of the Beast”

This article examines the Mark of the Beast as described in the book of Revelation, and its possible fulfillment in RFID technology.

Revelation 13:16-18

And he (Antichrist) causeth all, both small and great, rich and poor, free and bond, to receive a mark (incision) IN their right hand, or IN their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six (666).

I will try my best to summarize the information on the website concerning VeriChip, and how this chip - or its antitype, may fulfill the prophecy concerning the Mark of the Beast.     read more ...

“Dollar Reaches Breaking Point as Banks Shift Reserves”

Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades.

Policy makers boosted foreign currency holdings by $413 billion last quarter, the most since at least 2003, to $7.3 trillion, according to data compiled by Bloomberg. Nations reporting currency breakdowns put 63 percent of the new cash into euros and yen in April, May and June, the latest Barclays Capital data show. That's the highest percentage in any quarter with more than an $80 billion increase.

World leaders are acting on threats to dump the dollar while the Obama administration shows a willingness to tolerate a weaker currency in an effort to boost exports and the economy as long as it doesn't drive away the nation's creditors. The diversification signals that the currency won't rebound anytime soon after losing 10.3 percent on a trade-weighted basis the past six months, the biggest drop since 1991.     read more ...

“A Deflation Story”

Warren Buffett famously says that people do not make money by betting against the US economy. But two years ago we decided to take a chance.

"We are short the United States of America," we announced from the comfort and safety of our headquarters in London. "Sell its stocks. Sell its bonds. Sell its money. Sell its real estate. Sell the equity. Sell the debt. Sell everything." What we saw was an over-stretched empire getting ready to snap. But we were also allowing ourselves to be lazy. Rather than deconstruct the capital structure of the world's largest economy, we decided to sell the whole damned thing. All Hell broke loose in September 2008. Since then, US stocks have gone down about a third. Real estate too. Unemployment has doubled. Consumer prices are going down at the fastest rate since the '50s. And the economy is in the worse recession since WWII.     read more ...

Important Note

While we hope you find AWFSM insightful, please note that all opinions, articles, & references, do not necessarily agree with host editor & staff. However, everything printed is protected according to general Copyrights & Fair Use Statements for all authors & references.

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