World Revolution Update

NMA budget deal impasse cartoon

The last of the Christian Western empires

"It's inevitable the US is going to default."

This is seriously one of the best videos I've seen in a long time.
Emergent's David Murrin breaks down the global economic situation for three ditzy talking heads. It's more hilarious than the telenovela goin down inside the beltway.

"It's very simple, its (America's) empire system, its financial system is in decline, we've seen very little growth for over a decade apart from financial engineering and leveraging, which ultimately caused the debt crisis of 2008," Murrin said.
-CNBC

Defintely must see tv.

Weekly World Revolution Update

Ron Paul is pro-bankruptcy

Last week, Ron Paul introduced legislation to allow states to regulate their own marijuana industries. He is pro-decriminalization.
Not surprisingly, he's pro-bankruptcy too.
This week, the Texas Congressman and Presidential Candidate said that the US should stop paying it's debts and default.
Yes he did.
He'd settle for not paying the Fed, whom he wants to audit.

"We owe, like, $1.6 trillion because the Federal Reserve bought that debt, so we have to work hard to pay the interest to the Federal Reserve," Paul said. "We don't, I mean, they're nobody; why do we have to pay them off?"
-CNN