THE EMPLOYMENT CRISIS

Europe's youth unemployment problem has become cronic and critical. In fact all of wester civilization has an acute problem with government smothering sustainable private sector growth. Here in the US we have cronic shrinking total employment as a percentage of the working age population. That is true in spite of massively growing the number of people working (directly and indirectly) for the government, which can only mean that the private sector is shrinking and the public sector is growing. How long can that work?
Europe's 'new deal' for jobless dismissed as rhetoric - Telegraph:: www.telegraph.co.uk/finance/financialcrisis/100853....html
https://chumly.com/n/1cc83b5

FEDERAL AGENCIES MOVING TO PROTECT THEMSELVES

Silencing the Whistle-Blowers - www.nytimes.com:: www.nytimes.com/2013/05/28/opinion/silencing-the-w...&
https://chumly.com/n/1cc2b4a

A LOOK BACK AT TARP

What happens when governments spend to "bail out the poor"? Why do the rich get richer in a totalitarian/socialist system? Can we stop borrowing, printing and spending and still have an economy left?
What TARP Boss Neil Barofsky Told Me Yesterday Should Shock You:: www.billbonnersdiary.com/articles/bonner-fed-tarp.....html
https://chumly.com/n/1cc2adb

OBAMACARE FUNDING CONCERNS

www.idahoreporter.com:: www.idahoreporter.com/2013/obamacare-funding-ploy-...cials
https://chumly.com/n/1cc106b

IN BANKSTERS WE TRUST

With the Christian God officially banished and the Central Banks taking over HIs roll as creator ex-nihilo, we now live in a brave new world without moral boundaries to restrain anyone, especially not governments or banksters. It appears that central bank spending has become a proxy for central government spending without the need for the formality of borrowing or taxing or disclosure or oversight or any kind of accountability or...
O'ROURKE: The Last Two Days Have Shown That Central Banks Have Gotten Ridiculous And Have Blown Their Credibility - Business Insider:: www.businessinsider.com/orourke-the-last-two-days-...16MGo
https://chumly.com/n/1cbe8e4

IS THE BANK OF JAPAN TURNING INTO THE SOLE BUYER OF ITS OWN DEBT?

Only time will tell, but when you look at our own Fed and bond market, what would interest rates look like if the Fed stopped buying? And if rates went up to normal levels, what would our national budget look like? In a practical sense we are in a trap with no way out but more Quantitative Easing.
Veteran fears 'beginning of the end' for Japan as bond market buckles - Telegraph:: www.telegraph.co.uk/finance/economics/10077273/Vet....html
https://chumly.com/n/1ca8d15

MORE ON THE BANKSTERS AND POLITICIANS

How many times can we double our national debt, as we did in the last seven years? What happens to markets when you destablilize the currencies that they measure everything with? And this quote from the article: "Bernanke has of course been the most productive man in history. In his 7 years as Chairman of the Fed he has printed more money than during the whole history of the USA."
My Blog:: kingworldnews.com/kingworldnews/KWN_DailyWeb/Entri....html
https://chumly.com/n/1c88479

EVEN IMF SEES DANGER

If there is no such thing as a free lunch, then all this manipulation by central bankers has fall-out, and the best it can do is transfer wealth between groups. Manipulation can blow up bubbles in markets, causing inflation that hits assets but not wages, and actually hurting the middle class and the working poor--this much we have seen in recent years. What we have not seen is any genuine, sustainable economic growth in over a decade.
Exiting QE could 'undermine the recovery', IMF warns - Telegraph:: www.telegraph.co.uk/finance/economics/10061800/Exi....html
https://chumly.com/n/1c81a0f

OUR SECRET POLICE

This is like the Nazis turning on the communists, the press needs to remember it is safe only as long as it is usefull to this administration. It appears that all government agencies are tools for extending absolute control over us with more and more covert operations and increased militarization, it begs the question: what next?
Watergate Was For Amateurs: Justice Department Spied For Months On Associated Press Reporters | Zero Hedge:: www.zerohedge.com/news/2013-05-13/watergate-was-am...rters
https://chumly.com/n/1c6e2dd

LOVE YOUR NEIGHBOR--OPPOSE TYRANY

To Keep or Not to Keep - Why Christians Should Not Give Up Their Guns:: keepyourarms.com
https://chumly.com/n/1c6ad54

RACE TO THE BOTTOM HEATING UP

With other countries weakening their currencies in order to stay competitive in the import/export game, our Fed is hinting about backing off the hard stuff. But the question remains, how can they? Who will buy our debt if we stop doing it with the virtual printing press? Who will fund our drunken spenders in Washington (and at other levels of government, subsidized by DC's loose change)? We can't back off now without a lot of pain, and politicians hate pain, so we won't. But the pain will come eventually and we will discover once again that there is no such thing as a free lunch, even when central bankers spread the table, bait the trap, transfer wealth, ...
The Hilsenrath "Tapering" Article Is Out | Zero Hedge:: www.zerohedge.com/news/2013-05-10/hilsenrath-taper...e-out
https://chumly.com/n/1c5eed9

DOES BENGHAZI MATTER TO YOU?

The refusal to send help when our men were in battle and orders from the top to stand down suggest the possibility that someone wanted embasador Stevens dead. Who gave those orders, and why? This is what must be answered. All the lies and cover-up subsequently reinforce the above observation and question.
WE THE PEOPLE DEMAND FULL DISCLOSURE FOR THE MURDER OF OUR AMBASSADOR AND CONSULATE STAFF IN LIBYA. THAT CONGRESS HOLD PRESIDENT OBAMA ACCOUNTABLE FOR THE BENGHAZI COVERUP | www.causes.com:: www.causes.com/actions/1701142-we-the-people-deman...KMjgc
https://chumly.com/n/1c4fac6

AND THIS FOR EUROPE

Nigel Farage on "wholesale, violent revolution" in Europe - YouTube::


https://chumly.com/n/1bfacd2

PRIVATE SECTOR PAYROLL

If you redraw this graph to cover since 2001, you will see that total private sector job growth is just about nill since 2001, explaining why all these recoveries seem so contrived--they are. You can print, borrow and spend your way to a good looking GDP chart, and even stimulate part of the private sector with government spending, but in the process the economy is transformed into a dependency on more of the same, which is the case all over the world.
FRED Graph - St. Louis Fed:: research.stlouisfed.org/fred2/graph/?g=ed2
https://chumly.com/n/1bfafbe

HERE'S YOUR RECOVERY

Welcome Back Recession: Chicago PMI Implodes To 49, First Sub-50 Print Since September 2009 | Zero Hedge:: www.zerohedge.com/news/2013-04-30/welcome-back-rec...-2009
https://chumly.com/n/1bfac2f