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Category: Decline of the US

Emergency Preparedness
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Former CIA Director Warns About Cyber Threats From North Korea

Former CIA Director R. James Woolsey, Tuesday, said that the United States is at risk of a devastating cyber attack delivered by North Korea. Such an attack would use electromagnetic radiation to potentially wipe out 70% of the U.S. electric grid and cripple U.S. defenses, he said. Iran could also soon possess this capability. But [...]

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Obama grants DHS power to takeover commercial, private communications in emergency

Should disaster strike the U.S., the secretary of Homeland Security will be in charge of re-establishing and prioritizing communications to ensure the continuation of the federal government, according to a new executive order from PresidentBarack Obama. The executive order, signed on Friday, once again expands the powers of the Department of Homeland Security — this time [...]

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Police requesting Americans’ cellphone data at staggering rate

Police are monitoring Americans’ cellphone use at a staggering rate, according to new information released in a congressional inquiry. In letters released by Rep. Edward J. Markey (D-Mass.), cellphone companies described seeing a huge uptick in requests from law enforcement agencies, with 1.3 million federal, state and local requests for phone records in 2011 alone. [...]

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“We Are Preparing For Massive Civil War,” Says DHS Informant

… private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of Homeland Security (DHS) is preparing for “massive civil war” in America. Hagmann goes on to say that his sources tell him the concerns of the DHS stem from a collapse of the U.S. dollar and the hyperinflation a collapse in [...]

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Congress steering US economy toward a ‘fiscal cliff’

Fed Chairman Ben Bernanke calls it the “fiscal cliff.” It might be better thought of as the next economic Armageddon. Unless Congress acts to soften the blow, economists are warning that a looming year-end collision of massive, “automatic” cuts in federal spending and the expiration of sweeping Bush-era tax cuts could crush an already weak U.S. [...]

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Bernanke Says Fed Crisis Response Prevented Global Meltdown

Federal Reserve Chairman Ben S. Bernanke said the central bank’s aggressive response to the 2007-2009 financial crisis and recession helped prevent a worldwide catastrophe. “We did stop the meltdown,” Bernanke said today in the third of four lectures to undergraduates at George Washington University. “We avoided what would have been, I think, a collapse of [...]

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Our decade from hell will get worse in 2012

Commentary: Market crash, political gridlock, revolution, new class wars America’s deaf. In denial. When we predicted the 2011-2020 “decade from hell” we didn’t see the big macro events dead ahead: Arab Spring virus that’s now Occupy Wall Street, promising to explode into an even more powerful force in 2012 … war on the middle class [...]

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Europe’s bank meltdown will hit home here

Commentary: Without more capital, banking dominoes wobble Europe’s banks look to be on the brink of collapse. Don’t take my word for it. The Bank for International Settlements issued its quarterly report on Monday. And the outlook is more than just gloomy. “The intensification of the euro-area sovereign-debt crisis went hand in hand with banking-sector [...]

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American privilege rots an empire from within

Today, America rewards the wrong people and spends disproportionately on projects of the past. Symptoms of the flawed incentive system in the U.S. economy include a massive fiscal budget deficit, high unemployment rate, crumbling infrastructure and a failing basic education system. International competition isn’t threatening the United States, but internal problems are. And unless the [...]