Saturday, February 19, 2011

An Overview of the American Economy

I really want you to have this information because I care about you and I see you as an astute citizen. It is pretty dense but I believe the linked video called the EndofAmerica2011.com is right on point based on what I have been seeing in the United States and what I have been seeing in the world economy from my travels over the last 20 years. Please take the time to watch the whole video. The links about when Capitalism Hits the Fan is about the history and how we got here and the End of America 2011 is about the current state and the probable future. Don’t be a skin bag like in the movie The Matrix… take charge of your financial life! I am going to make some moves based on what I have learned from this…



I am not sharing this information to endorse the sources or for you to buy anything it is about the information… Do what you like with it. The End of America 2011 gives me answers to what I noticed about the Euro, the European Union, a one world economy, currency, the rise of all these “buy your gold parties” and frankly University of Phoenix… Unfortunately this guy is REALLY long winded about making his point and you can ignore the sales pitch at the end but the information is invaluable to my sensibilities! I won’t tell you what to think… I just want you to think critically for yourself about the rug we are standing on that may be pulled out from under us and the advanced planning you may want to do about it.



I don’t get caught up with the Republican/Democrat stuff… I look at what they are doing so I see how both sides are contributing to this issue and how they are trying to “solve” it concerns me. I would really like to know what you get from it.





It’s More Than Just Money: When Capitalism Hits the Fan (The True Story of this Economic Meltdown)

Posted on May 24, 2010 by Davey D Quantcast


http://hiphopandpolitics.files.wordpress.com/2010/05/capitalism-bound-250.jpg?w=217&h=250This is an incredible lecture that everyone needs to peep that breaks down the current state of affairs with our economy. This cat Professor Richard Wolff is a beast when it comes to this as he lets us know that what is going down goes beyond money.. The quality on these clips aren’t all that great.. You can get better qualities at his website..http://www.capitalismhitsthefan.com/



Below is a more detailed description of what’s on these clips…They come in 9 parts

With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today’s economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown. By placing the crisis within this larger historical and systemic frame, Wolff argues convincingly that the proposed government “bailouts,” stimulus packages, and calls for increased market regulation will not be enough to address the real causes of the crisis – in the end suggesting that far more fundamental change will be necessary to avoid future catastrophes. Richly illustrated with motion graphics and charts, this is a superb introduction designed to help ordinary citizens understand, and react to, the unraveling economic crisis.

Capitalism Hits the Fan pt 1-Three Things the Economic Crisis is Not

http://www.youtube.com/watch?v=9pOD7RFpOGI

Capitalism Hits the Fan pt 2-How We Got Here: American Exceptionalism

http://www.youtube.com/watch?v=6x_qnazVW_U

Capitalism Hits the Fan pt 3-History Interrupted: The Trauma of Flat Wages

http://www.youtube.com/watch?v=KHL_jEY2LIw

Capitalism Hits the Fan pt 4-Coping with Trauma: The People’s Response

http://www.youtube.com/watch?v=A-4Ot3SlyUU