Americans thrown in Jail for not paying off their Debt

The American Civil Liberties Union has launched a campaign to educate the public about the severity of holding too much debt. Civil liberties advocates say about 33 percent of US states jail people for not paying off their debts. Alabama, Florida and Ohio are three of the most costly states to be poor in. And according to a recent poll, Washington, DC is the country's most expensive city to live in.

Europe Is Dragging Down the US Economy - 2013 Economic Crisis Trigger

The global financial crisis (GFC) or global economic crisis is commonly believed to have begun in July 2007 with the credit crunch, when a loss of confidence by US investors in the value of sub-prime mortgages caused a liquidity crisis. This, in turn, resulted in the US Federal Bank injecting a large amount of capital into financial markets. By September 2008, the crisis had worsened as stock markets around the globe crashed and became highly volatile. Consumer confidence hit rock bottom as everyone tightened their belts in fear of what could lie ahead.




The sub-prime crisis and housing bubble
The housing market in the United States suffered greatly as many home owners who had taken out sub-prime loans found they were unable to meet their mortgage repayments. As the value of homes plummeted, the borrowers found themselves with negative equity. With a large number of borrowers defaulting on loans, banks were faced with a situation where the repossessed house and land was worth less on today's market than the bank had loaned out originally. The banks had a liquidity crisis on their hands, and giving and obtaining loans became increasingly difficult as the fallout from the sub-prime lending bubble burst. This is commonly referred to as the credit crunch.

Although the housing collapse in the United States is commonly referred to as the trigger for the global financial crisis, some experts who have examined the events over the past few years, and indeed even politicians in the United States, may believe that the financial system was needed better regulation to discourage unscrupulous lending.



The global financial crisis enters a new phase
The collapse of Lehman Brothers on September 14, 2008 marked the beginning of a new phase in the global financial crisis. Governments around the world struggled to rescue giant financial institutions as the fallout from the housing and stock market collapse worsened. Many financial institutions continued to face serious liquidity issues. The Australian government announced the first of it's stimulus packages aimed to jump-start the slowing economy.

The U.S. government proposed a $700 billion rescue plan, which subsequently failed to pass because some members of US Congress objected to the use of such a massive amount of taxpayer money being spent to bail out Wall Street investment bankers who some people may have believed could be one of the causes of the global financial crisis.

By September and October of 2008, people began investing heavily in gold, bonds and US dollar or Euro currency as it was seen as a safer alternative to the ailing housing or stock market.

In January of 2009 US President Obama proposed federal spending of around $1 trillion in an attempt to improve the state of the financial crisis. The Australian government also proposed another stimulus package, pledging to give cash handouts to tax payers, and spend more money on longer-term infrastructure projects. Australia's response to the global financial crisis - the first stimulus package
Australian prime minister Kevin Rudd and Treasurer Wayne Swan delivered their first budget in response to the global financial crisis, with the main objective being to fight inflation - a major problem in the local economy at the time.
The global financial crisis enters a new phase
The collapse of Lehman Brothers on September 14, 2008 marked the beginning of a new phase in the global financial crisis. Governments around the world struggled to rescue giant financial institutions as the fallout from the housing and stock market collapse worsened. Many financial institutions continued to face serious liquidity issues. The Australian government announced the first of it's stimulus packages aimed to jump-start the slowing economy.

The U.S. government proposed a $700 billion rescue plan, which subsequently failed to pass because some members of US Congress objected to the use of such a massive amount of taxpayer money being spent to bail out Wall Street investment bankers who some people may have believed could be one of the causes of the global financial crisis.

By September and October of 2008, people began investing heavily in gold, bonds and US dollar or Euro currency as it was seen as a safer alternative to the ailing housing or stock market.

In January of 2009 US President Obama proposed federal spending of around $1 trillion in an attempt to improve the state of the financial crisis. The Australian government also proposed another stimulus package, pledging to give cash handouts to tax payers, and spend more money on longer-term infrastructure projects.

Coming WW3 Signs - How WW3 will develop in 2013?

From Daniel, Ezekiel, NT, it is clearly shown that in the last days, World War 3 will be started by the king of the South represented by Israel or Egypt. When Israel attack the king of the North represented by Iran (head of the former Persian empire), then all hell will break loose. After the 4th Seal is opened, 1/4 of all mankind will be killed by wars with the deployment of WMD, greatest earthquakes ever with subsequent extremely huge tsunamis, pestilences and famines.

The end is at hand. The 4th Seal was opened on the 3rd February 2011, in the midst of riots in Cairo, Egypt. Be ready to face the coming prophecies as recorded in OT, Matthew 24, Mark 13, Luke 21, Revelation, etc. before the opening of the 5th Seal (The period of the Great Tribulation) and then the 6th Seal (Rapture).

7 Year-Old Boy Suspended From School For Simulating Gunfire With Pencil

Seven year-old Christopher Marshall was suspended from his Suffolk, Virginia elementary school for pointing a gun at a classmate, and making what he described as "a machine gun noise."

Christopher's father, a former Marine, says his son was just pretending to be a Marine, while his "victim" was being "a bad guy."

School spokesperson Bethanne Bradshaw explained, to a local TV station, that the school has a "zero tolerance policy" for weapons, and "A pencil is a weapon when it is pointed at someone in a threatening way and gun noises are made."

That's true, the last time I pointed a pencil at a mugger and made gun noises, I got my ass kicked. The guy wasn't even impressed by my spot-on cocking sound effect, which was a helluva lot more convincing than the gun noises that Christopher made:

In all seriousness, Ms. Bradshaw has a kernel of a point when she points out that "Some children would consider it threatening, who are scared about shootings in schools or shootings in the community," but suspending the child was a clear overreaction, especially since he stopped when he was told to.

The school also missed a golden opportunity for some gun-grabbing indoctrination. Instead of suspending the kid, they could have had a discussion about how the kids feel about the gun violence that's been dominating the news, maybe even sing a few Obama carols.

The worst part, though, is that, according to WAVY, "both students were suspended for two days," which makes you wonder why the parents whose kid got fake shot didn't make a stink. Was he carrying a concealed crayon?

Alex Jones Show ~ Katherine Albrecht & Wayne Madsen - : Wednesday (5-8-13)

Alex Jones Show - Wednesday (5-8-13) Katherine Albrecht & Wayne Madsen

 On the Wednesday, May 8 edition of the Alex Jones Show, Alex covers the prospect of the United States military intervening in Syria by the end of summer. He also covers the latest efforts in Congress to reanimate gun legislation. On today's worldwide broadcast, Alex covers Google's effort to scare visitors away from Infowars.com and Drudge with GCN talk show host Katherine Albrecht. She is coauthor of Spychips: How Major Corporations and Government Plan to Track Your Every Move.