Our current dire fiscal condition, our leaders’ dysfunctional unwillingness to address the flawed behavior that caused it, plus many other recent events both in the US and in Europe, point to the idea that a voluntary abandonment of further credit expansion is just not on the menu. That leaves us with some final and total catastrophe of the involved currency system(s) as the inevitable outcome.

The Intel Hub’s Joe Joseph responds to claims by the New York Times that the US Constitution is outdated.

Be warned fellow Americans. No one will be immune to the violative laws, policies and regulations of the police state which is quickly and forcefully embedding itself into all aspects of American life and culture.

The following short film takes place one year from today and depicts the first few minutes of what World War III may look like. The setting, however, is not Iran, but rather, Israel’s capital city of Jerusalem.

They are either lacking in basic monetary knowledge, which is that Federal Reserve Notes (aka cash, US dollars) are legal tender for all debts public and private, or as evidenced by the alarmed and somewhat flustered facial expressions of the bank supervisor, know that they are complicit in promulgating the ridiculous policy of not accepting cash to make good on debts owed at one of the largest banking institutions on the planet.

Watch how American high school students respond to a series of common questions covering topics such as American history, geography, and politics.

While the President and democrats in Congress often take the brunt of the criticism for restricting Constitutional protections like freedom of speech, they are far from being alone in their efforts to quash the voice of the people and the dissemination of information to the public. The latest Constitutional transgression comes to us from republican Andy Harris (MD), chairman of the Subcommittee on Energy and Environment…

Make no mistake: this is serious business. They will kill as many as is needed (on our side and theirs) in order to push the agenda forward.

They will keep pushing, as all tyrants do, until the people push back. This latest transgression of our freedoms may be limited to a single state, but if approved, would open the door to similar bans across the entire country.

A story from a Minnesota State Trooper.

As more Americans than ever before join the ranks of the unemployed, and with insurance benefits starting to dry up for many who have exceeded the 99 week maximum, homelessness across the country is quickly becoming an issue that can no longer be glazed over by politicians.

You read that right. The worst year since records have been kept – a trend we warned of back in 2009 when green shoots were reportedly popping up all over the country.

The CATO Institute responds to President Obama’s 2012 State of the Union address on issues that include job creation, taxes, small business policy, education, Iran, the energy industry, Congressional authority to wage war, and even addresses secret assassination lists.

The system is already in breakdown mode, and we are just trying to hold, doing anything we can to keep it afloat. Printing more money to fund our spending needs, bailing out failed institutions that threaten to destroy financial confidence, supporting welfare programs to maintain social stability – all of these are clear cut signs that the paradigm as we have known it is crashing.

We could always chalk this off as standard military training, but considering the warnings coming from financial insiders, the chairman of our central bank, and world leaders, we suggest that these soldiers are being trained to deal specifically with scenarios recently outlined by the Pentagon, including civil unrest and large-scale economic breakdown right here in the good old USA.