The Scariest Thing You Will Read Today

Please take a look at the following article and then read on:

http://seekingalpha.com/article/134820-the-worst-case-scenario-someone-has-to-say-it?ref=patrick.net

This article comes from what I believe is the best financial site on the internet. Its a list of predictions for what the worst case scenario will look like in 2012. I think that every prediction made in the article is accurate and will happen if the government continues to respond to this economic crisis in the manner that it has been for the past year and a half. His unemployment predictions for 2009-2012 are almost exactly in line with what happened during the Great Depression from 1930-1933. I think that the author’s timeline is probably off by a few years, but if we do not change our course, every single prediction in this article will come true within the next 10-15, and possibly sooner.

[[However, this might not be all bad: From the comments section of the article: "On the bright side, this means there will be no money to build machines that will wind up conquering us, so we won't have to bring a terminator back from the future."]]...

To read the rest, please visit my site: http://americanlyyours.com/?p=456

Audit The Federal Reserve

Congressman Ron Paul has proposed an interesting bill in the House of Representatives. No, it isnt another “crazy” proposal from the Congressman, but rather a very sensible one.

If passed, this bill would require that an audit of the Federal Reserve take place before December of 2010.

The Federal Reserve was established in 1913 and has never been subjected to a government or independent audit. The Federal Reserve controls the Nation’s money supply and has the power to print new money as it sees fit. It also controls interest rates, and therefore has a great deal of influence (to say the least) on our economy....

To read the rest, please check out my site: http://americanlyyours.com/?p=428