SCROLL DOWN FOR NEWS LINKS AND VIDEO: All is not well in the American Economic sectors. The illusion that an Economic recovery is happening is the only tip of the iceberg in a sea of false hope. Read news links below and make the judgment for yourself. Be always prepared and be ready to protect your assets. Have an exit Plan!! Thank you for visiting These Christian Times and God Bless you.
SALON.COM: “It no longer matters who sits in the White House,” former Goldman Sachs managing director Nomi Prins writes in her new book “All the Presidents’ Bankers: The Hidden Alliances That Drive American Power.” “Presidents no longer even try to garner banker support for population-friendly policies, and bankers operate oblivious to the needs of national economies. There is no counterbalance to their power.”
Prins, who also worked for Bear Stearns, Lehman Brothers and Chase Manhattan Bank, is now a fellow at the think tank Demos and a member of Sen. Bernie Sanders’ Federal Reserve Advisory Council. Salon spoke with Prins about a century of presidential coziness with bankers; Barney Frank’s defense of big banks’ power; and how to “break the alliances” before they “break us.” A condensed version of our conversation follows READ MORE: http://www.salon.com/2014/04/15/we_are_in_great_danger_ex_banker_details_how_mega_banks_destroyed_america/
Nomi Prins-Financial Crash-Collapse Coming, It Should Have Happened Already
TRUTH4FREEDOM BLOG: Did you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in the retail industry. As millions of Americans fell out of the middle class, they were looking to stretch their family budgets as far as possible, and dollar stores helped them do that. It would be great if we could say that the reason why Family Dollar is doing so poorly is because average Americans have more money now and have resumed shopping at retailers that target the middle class, but that is not happening. Rather, as you will see later in this article, things just continue to get even worse for Americans at the low end of the income scale READ MORE: http://truth4freedom.wordpress.com/2014/04/17/two-more-victims-of-the-retail-apocalypse-family-dollar-and-coldwater-creek/
KING WORLD NEWS.COM: Today former US Treasury official, Dr. Paul Craig Roberts, warned King World News that the United States is now close to total collapse. Dr. Roberts also accused Goldman Sachs and the Fed of being totally corrupt as they desperately maneuver to try to prevent the collapse of the SWIFT payment system, and he also blasted Goldman Sachs for reiterating its call for $1,050 gold. Below is what Dr. Roberts had to say in this powerful interview.
Eric King: “Dr. Roberts, we’ve seen Goldman Sachs reiterate their call for $1,050 gold, which has facilitated the smash on gold today. This comes on the anniversary of last year’s $200 two-day smash in gold. But Goldman is claiming gold will decline because the U.S. economy will accelerate in the second half of this year.”
Dr. Roberts: “The American economy is not going to boom because real consumer incomes have been falling, not rising. If there is no income growth then there is no credit growth either. So the U.S. economy is definitely not going to accelerate….
Continue reading the Dr. Paul Craig Roberts interview below…READ MORE: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/15_Paul_Craig_Roberts_Warns_U.S._Now_Close_To_Total_Collapse.html
THE ECONOMIC COLLAPSE BLOG: Sometimes I think that I sound like a broken record. I am constantly using phrases such as “get prepared while you still can” and “time is running out”. In fact, I use them so often that people are starting to criticize me for it. But the truth is that only a small percentage of people out there are actively taking steps to get ready for what is coming. Most of the country is not prepared at all. In many ways, it is just like 2007 all over again. There were many people that could see what was about to happen and were doing all they could to warn people, but most did not listen. And then the great financial crisis of 2008 struck and millions of people lost their jobs and their homes. Unfortunately, the next great wave of the economic collapse is going to be even more painful than the last one. It is imperative that people get prepared for what is on the horizon, but for the most part it is just not happening READ MORE: http://theeconomiccollapseblog.com/archives/16-signs-that-most-americans-are-not-prepared-for-the-coming-economic-collapse