The John Birch Society (JBS) is an American political advocacy group that supports anti-communism, limited government, and a constitutional republic. It has been described as radical right, and from its earliest days has faced much ridicule and derision from mainstream and leftist opposition. However, it's obvious that we failed to heed the advice Welch offered in this video, and now we are paying dividends to those forces he rightfully opposed.
Established in Indianapolis, Indiana, on December 9, 1958, by a group of 12 led by Robert Welch, Jr., a retired candy manufacturer from Belmont, Massachusetts. Welch named the new organization after John Birch, an American Baptist missionary and United States military intelligence officer who had been shot by communist forces in China in August 1945, shortly after the conclusion of World War II. Welch claimed that Birch was an unknown but dedicated anti-communist, and the first American casualty of the Cold War.
Welch developed an elaborate organizational infrastructure in 1958 that enabled him to keep a very tight rein on the chapters. After an early rise in membership and influence, opposing efforts by people like conservative William F. Buckley, Jr. and The National Review led the JBS to be identified as a fringe element of the conservative movement, mostly in fear of the radicalization of the American right. It should be noted that oil industrialist Fred C. Koch, founder of Koch Industries, and father of the infamous brothers Charles and David Koch still operating today, was one of the Society's founding members.
I decided to write this essay after a comment from a journalist, not a Leftist by my country's standards, who dismissed Eurabia as merely a conspiracy theory, one on a par with The Protocols of the Elders of Zion. I do not disagree with the fact that conspiracy theories exist, nor that they can be dangerous. After all, the Protocols and the Dolchstosslegende, or "stab in the back myth"the idea that Germany didn't lose WW1 but was betrayed by Socialists, intellectuals and Jewshelped pave the way for Adolf Hitler and the Nazis before WW2.
However, what puzzles me is that it is a widely-held belief of many (not just in the Islamic world but in Europe and even in the United States) that the terror attacks that brought down the Twin Towers in New York City on September 11, 2001 were really a controlled demolition staged by the American government and then blamed on Muslims. I have seen this thesis talked about many times in Western media. While it is frequently (though not always) dismissed and mocked, it is least mentioned.
In contrast, Eurabiawhich asserts that the Islamicization of Europe didn't happen merely by accident but with the active participation of European political leadersis hardly ever referred to at all, despite the fact that it is easier to document. Does the notion of Eurabia hit too close to home? Perhaps it doesn't fit with the anti-American disposition of many journalists? Curiously enough, even those left-leaning journalists who are otherwise critical of the European Union because of its free market elements never write about Eurabia.
...explained how French President Charles de Gaulle, disappointed by the loss of the French colonies in Africa and the Middle East as well as with France’s waning influence in the international arena, decided in the 1960′s to create a strategic alliance with the Arab and Muslim world to compete with the dominance of the United States and the Soviet Union.
Because of this, I am going to test whether the Eurabia thesis is correct, or at least plausible. I have called this project The Eurabia Code, alluding to author Dan Brown's massive bestseller The Da Vinci Code. Brown's fictional account "documents" a conspiracy by the Church to cover up the truth about Jesus. I'm not sure my work will become equally popular, but I'm pretty sure it's closer to reality.
The next time Mr. Brown wants to write about massive conspiracies in Europe, he would be well-advised to set his eyes at Brussels rather than Rome. It would be a whole lot more interesting. What follows is a brief outline of the thesis put forward by writer Bat Ye'or in her book "Eurabia: The Euro-Arab Axis." My information is based on her book (which should be read in full). In addition I have drawn from some of her articles and interviews. I republish the information with her blessing, but this summary is completely my own.
In an interview with Israeli newspaper Haaretz, Bat Ye'or explained how French President Charles de Gaulle, disappointed by the loss of the French colonies in Africa and the Middle East as well as with France's waning influence in the international arena, decided in the 1960's to create a strategic alliance with the Arab and Muslim world to compete with the dominance of the United States and the Soviet Union.
"This is a matter of a total transformation of Europe, which is the result of an intentional policy," said Bat Ye'or. "We are now heading towards a total change in Europe, which will be more and more Islamicized and will become a political satellite of the Arab and Muslim world. The European leaders have decided on an alliance with the Arab world, through which they have committed to accept the Arab and Muslim approach toward the United States and Israel. This is not only with respect to foreign policy, but also on issues engaging European society from within, such as immigration, the integration of the immigrants and the idea that Islam is part of Europe."
"Europe is under a constant threat of terror. Terror is a way of applying pressure on the European countries to surrender constantly to the Arab representatives' demands. They demand, for example, that Europe always speak out for the Palestinians and against Israel."
Thus, the Eurabian project became an enlarged vision of the anti-American Gaullist policy dependent upon the formation of a Euro-Arab entity hostile to American influence. It facilitated European ambitions to maintain important spheres of influence in the former European colonies, while opening huge markets for European products in the Arab world, especially in oil-producing countries, in order to secure supplies of petroleum and natural gas to Europe. In addition, it would make the Mediterranean a Euro-Arab inland sea by favoring Muslim immigration and promoting "multiculturalism" with a strong Islamic presence in Europe.
This cooperation would also included recognition of the Palestinians as a distinct people and the PLO and its leader Arafat as their representative. Up to 1973 they had been known only as Arab refugees, even by other Arabs. The concept of a Palestinian “nation” simply did not exist.
The use of the term "Eurabia" was first introduced in the mid-1970s, as the title of a journal edited by the President of the Association for Franco-Arab Solidarity, Lucien Bitterlein, and published collaboratively by the Groupe d'Etudes sur le Moyen-Orient (Geneva), France-Pays Arabes (Paris), and the Middle East International (London). Their articles called for common Euro-Arab positions at every level. These concrete proposals were not the musings of isolated theorists; instead they put forth concrete policy decisions conceived in conjunction with, and actualized by, European state leaders and European Parliamentarians.
During a November 27, 1967 press conference, Charles de Gaulle stated openly that French cooperation with the Arab world had become "the fundamental basis of our foreign policy." By January 1969, the Second International Conference in Support of the Arab Peoples, held in Cairo, in its resolution 15, decided "…to form special parliamentary groups, where they did not exist, and to use the parliamentary platform support of the Arab people and the Palestinian resistance." Five years later in Paris, July 1974, the Parliamentary Association for Euro-Arab Cooperation was created, under the Euro-Arab Dialogue rubric.
Bat Ye'or has highlighted this shared Euro-Arab political agenda. The first step was the construction of a common foreign policy. France was the driving force in this unification, which had already been envisaged by General de Gaulle's inner circle and Arab politicians. The Arab states demanded from Europe access to Western science and technology, European political independence from the United States, European pressure on the United States to align with their Arab policy and demonization of Israel as a threat to world peace, as well as measures favorable to Arab immigration and dissemination of Islamic culture in Europe. This cooperation would also included recognition of the Palestinians as a distinct people and the PLO and its leader Arafat as their representative. Up to 1973 they had been known only as Arab refugees, even by other Arabs. The concept of a Palestinian "nation" simply did not exist.
During the 1973 oil crisis, the Arab members of the Organization of Petroleum Exporting Countries announced that, due to the ongoing Yom Kippur War between Israel and its Arab neighbors Egypt and Syria, OPEC would no longer ship petroleum to Western nations that supported Israel. The sudden increase in oil prices was had lasting effects. Not only did it create a strong influx of petrodollars to countries such as Saudi Arabia, which permitted the Saudis to fund a worldwide Islamic resurgence, but it also had an impact in the West, especially in Europe.
However, Arab leaders had to sell their oil. Their people are very dependent on European economic and technological aid. The Americans made this point during the oil embargo in 1973. According to Bat Ye'or, although the oil factor certainly helped cement the Euro-Arab Dialogue, it was primarily a pretext to cover up a policy that emerged in France before that crisis occurred. The policy, conceived in the 1960s, had strong antecedents in the French 19th-century dream of governing an Arab empire.
This political agenda has been reinforced by the deliberate cultural transformation of Europe. Euro-Arab Dialogue Symposia conducted in Venice (1977) and Hamburg (1983) included recommendations that have been successfully implemented. These recommendations were accompanied by a deliberate, privileged influx of Arab and other Muslim immigrants into Europe in enormous numbers.
The recommendations included:
1. Coordination of the efforts made by the Arab countries to spread the Arabic language and culture in Europe, 2. Creation of joint Euro-Arab Cultural Centers in European capitals, 3. The necessity of supplying European institutions and universities with Arab teachers specialized in teaching Arabic to Europeans, and 4. The necessity of cooperation between European and Arab specialists in order to present a positive picture of Arab-Islamic civilization and contemporary Arab issues to the educated public in Europe.
These agreements could not be set forth in written documents and treaties due to their politically sensitive and fundamentally undemocratic nature. The European leaders thus carefully chose to call their ideas "dialogue." All meetings, committees and working groups included representatives from European Community nations and the European Council along with members from Arab countries and the Arab League. Proceedings and decisions took place in closed sessions. No official minutes were recorded.
The Euro-Arab Dialogue (EAD) is a political, economic and cultural institution designed to ensure perfect cohesion between Europeans and Arabs. Its structure was set up at conferences in Copenhagen (15 December 1973), and Paris (31 July 1974). The principal agent of this policy is the European Parliamentary Association for Euro-Arab Cooperation, founded in 1974. The other principal organs of The Dialogue are the MEDEA Institute and the European Institute of Research on Mediterranean and Euro-Arab Cooperation, created in 1995 with the backing of the European Commission.
The goal was the creation of a pan-Mediterranean entity, permitting the free circulation both of men and of goods.
In an interview with Jamie Glazov of Frontpage Magazine, Bat Ye'or explained how "in domestic policy, the EAD established a close cooperation between the Arab and European media television, radio, journalists, publishing houses, academia, cultural centers, school textbooks, student and youth associations, tourism. Church interfaith dialogues were determinant in the development of this policy. Eurabia is therefore this strong Euro-Arab network of associations -- a comprehensive symbiosis with cooperation and partnership on policy, economy, demography and culture."
Eurabia's driving force, the Parliamentary Association for Euro-Arab Cooperation, was created in Paris in 1974. It now has over six hundred membersfrom all major European political partiesactive in their own national parliaments, as well as in the European parliament. France continues to be the key protagonist of this association.
A wide-ranging policy was sketched out. It entailed a symbiosis of Europe with the Muslim Arab countries that would endow Europeand especially France, the project's prime moverwith a weight and a prestige to rival that of the United States. This policy was undertaken quite discreetly, and well outside of official treaties, using the innocent-sounding name of the Euro-Arab Dialogue. The organization functioned under the auspices of European government ministers, working in close association with their Arab counterparts, and with the representatives of the European Commission and the Arab League. The goal was the creation of a pan-Mediterranean entity, permitting the free circulation both of men and of goods.
On the cultural front there began a complete re-writing of history, which was first undertaken during the 1970s in European universities. This process was ratified by the parliamentary assembly of the Council of Europe in September 1991, at its meeting devoted to "The Contribution of the Islamic Civilisation to European culture." It was reaffirmed by French President Jacques Chirac in his address of April 8, 1996 in Cairo, and reinforced by Romano Prodi, president of the powerful European Commission, the EU's "government," and later Italian Prime Minister, through the creation of a Foundation on the Dialogue of Cultures and Civilizations. This foundation was to control everything said, written and taught about Islam in Europe.
The new European civilization in the making can correctly be termed a civilization of dhimmitude.
Over the past three decades, the EEC and the EU's political and cultural organizations have invented a fantasy Islamic civilization and history. The historical record of violations of basic human rights for all non-Muslims and women under sharia (Islamic Law) is either ignored or dismissed. In this worldview the only dangers come from the United States and Israel. The creators of Eurabia have conducted a successful propaganda campaign against these two countries in the European media. This fabrication was made easier by pre-existing currents of anti-Semitism and anti-Americanism in parts of Europe, although both sentiments have been greatly inflated by Eurabians and their collaborators.
The growth of the Islamic population is explosive. According to some, one out of three babies born in France is a Muslim. Hundreds of Muslim ghettos already de facto follow sharia, not French law. Some believe France will quietly become a Muslim country, while others are predicting a civil war in the near future.ullquote
On January 31, 2001, with the recrudescence of Palestinian terrorist jihad, European Foreign Affairs Commissioner Chris Patten declared to the European Parliament that Europe's foreign policy should give special attention to its southern flank (the Arab countries, in EU jargon), adding that he was delighted by the general agreement to give greater visibility to the Mediterranean Partnership.
Bat Ye'or thinks that "Our politicians are perfectly informed of Islamic history and current policies by their embassies, agents and specialists. There is no innocence there, but tremendous inflexibility in corruption, cynicism and the perversion of values."
In the preface to her book, she states that "This book describes Europe's evolution from a Judeo-Christian civilization, with important post-Enlightenment secular elements, into a post– Judeo-Christian civilization that is subservient to the ideology of jihad and the Islamic powers."
The new European civilization in the making can correctly be termed a ''civilization of dhimmitude.'' The word dhimmitude comes from the Islamic legal designation ''dhimmi.'' It refers to the subjugated, non-Muslim individuals who accept restrictive and humiliating subordination to Islamic power in order to avoid enslavement or death. The entire Muslim world as we know it today is a product of this 1,300 year-old jihad dynamic, whereby once thriving non-Muslim majority civilizations have been reduced to a state of dysfunction and dhimmitude. The dhimmis are inferior beings who endure humiliation and aggression in silence. This arrangement allows Muslims to enjoy an impunity that increases both their hatred and their feeling of superiority, under the protection of the law.
Eurabia is a novel new entity. It possesses political, economic, religious, cultural, and media components, which are imposed on Europe by powerful governmental lobbies. While Europeans live within Eurabia's constraints, outside of a somewhat confused awareness, few are really conscious of them on a daily basis.
This Eurabian policy, expressed in obscure wording, is conducted at the highest political levels and coordinated over the whole of the European Union. It spreads an anti-American and anti-Semitic Euro-Arab sub-culture into the fiber of every social, media and cultural sector. Dissidents are silenced or boycotted. Sometimes they are fired from their jobs, victims of a totalitarian "correctness" imposed mainly by the academic, media and political sectors.
According to Ye'or, France and the rest of Western Europe can no longer change their policy: "It is a project that was conceived, planned and pursued consistently through immigration policy, propaganda, church support, economic associations and aid, cultural, media and academic collaboration. Generations grew up within this political framework; they were educated and conditioned to support it and go along with it."
Are Bat Ye'or's claims correct, or even possible?
Bernard Lewis has pointed out that, by common consent among historians, "the modern history of the Middle East begins in the year 1798, when the French Revolution arrived in Egypt in the form of a small expeditionary force led by a young general called Napoleon Bonapartewho conquered and then ruled it for a while with appalling ease."
In an unsuccessful effort to gain the support of the Egyptian populace, Napoleon issued proclamations praising Islam. "People of Egypt," he proclaimed upon his entry to Alexandria in 1798, "You will be told that I have come to destroy your religion; do not believe it! Reply that I have come to restore your rights, to punish the usurpers, and that more than the Mamluks, I respect God, his Prophet, and the Qur'an."
According to an eyewitness, Napoleon ended his proclamation with the phrase, "God is great and Muhammad is his prophet." To Muslim ears, this sounded like the shahadathe declaration of belief in the oneness of Allah and in Prophet Muhammad as his last messenger. Recitation of the shahadah, the first of the five pillars of Islam, is considered to mark one's conversion to Islam. Muslims could thus conclude that Napoleon had converted to Islam. In fact, one of his generals, Jacques Ménou, did convert to Islam.
The French were later defeated and forced to leave Egypt by the English admiral Lord Nelson. Although the French expedition to Egypt lasted only three years, it demonstrated that the West was now so superior to the Islamic world that Westerners could enter the Arab heartland, then still a part of the Ottoman Empire, at will. Only another Western power could force them to leave. The shock of this realization triggered the first attempts to reform Islam in the 19th century.
A positive result of Western conquest was the influx of French scientists into Egypt and the foundation of modern Egyptology. Most importantly, it led to the discovery of the Rosetta Stone, which was later used by French philologist Jean-Francois Champollion to decipher the ancient Egyptian hieroglyphs. However, the encounter also left a lasting impact in Europe, and above all in France.
The French invasion of Algeria in 1830 marked another chapter in this tale. Later, the French ruled Tunisia and Morocco. Finally, after the First World War, the French gained mandates over the former Turkish territories of the Ottoman Empire that make up what is now Syria and Lebanon. After the Second World War, French troops gradually left Arab lands, culminating with war and Algerian independence in 1962. However, their long relationship with Arabs resulted in France's belief that she had a special relationship with and an understanding of Arabs and Muslims. Along with French leadership in continental Europe, this would now provide the basis of a new foreign policy. President de Gaulle pushed for a France and a Europe independent of the two superpowers. In a speech, he stated that "Yes, it is Europe, from the Atlantic to the Urals, it is Europe, it is the whole of Europe, that will decide the destiny of the world." In 1966, he withdrew France from the common NATO military command, but remained within the organization.
Following the Six Days War in 1967, de Gaulle's condemnation of the Israelis for their occupation of the West Bank and the Gaza Strip marked a significant change in French foreign policy. Previously, Franceas well as the rest of Western Europehad been strongly pro-Israel, even going to war together with Israel as late as 1956 against Nasser's Egypt. From 1967 on, however, France embarked on a decidedly pro-Arab course.
The growth of the Islamic population is explosive. According to some, one out of three babies born in France is a Muslim. Hundreds of Muslim ghettos already de facto follow sharia, not French law. Some believe France will quietly become a Muslim country, while others are predicting a civil war in the near future.
It has been said that English foreign policy has remained the same since the 16th century. Its goal was to prevent any country, whether Spain, France, or later Germany, from dominating continental Europe to the extent that it represents a threat to England. On the other hand, one could argue that French foreign policy has also remained the same for several centuries; its goal is to champion French leadership over Europe and the Mediterranean region in order to contain Anglo-Saxon (and later Anglo-American) dominance. This picture was complicated by the unification of Germany in the late 19th century, but its outlines remain to this day.
Napoleon is the great hero of French PM de Villepin. Several prominent French leaders stated quite openly in 2005 that the proposed EU Constitution was basically an enlarged France. Justice Minister Dominique Perben said: "We have finally obtained this 'Europe à la française' that we have awaited for so long. This constitutional treaty is an enlarged France. It is a Europe written in French." From its inception, European integration has been a French-led enterprise. The fact that the French political elite have never renounced the maintenance of their leadership over Europe was amply demonstrated during the Iraq war.
President Chirac famously said in 2003 after Poland, Hungary and the Czech Republic backed the US position "They missed a good opportunity to shut up," adding "These countries have been not very well behaved and rather reckless of the danger of aligning themselves too rapidly with the American position."
Jean Monnet, French economist never elected to public office, is regarded by many as the architect of European integration. Monnet was a well-connected pragmatist who worked behind the scenes towards the gradual creation of European unity.
Richard North, publisher of the blog EU Referendum and co-author (with Christopher Booker) of The Great Deception: Can The European Union Survive, relates that for yearsat least from the 1920sJean Monnet had dreamed of building a "United States of Europe." Although what Monnet really had in mind was the creation of a European entity with all the attributes of a state, an "anodyne phrasing was deliberately chosen with a view to making it difficult to dilute by converting it into just another intergovernmental body. It was also couched in this fashion so that it would not scare off national governments by emphasising that its purpose was to override their sovereignty."
In their analysis of the EU's history, the authors claim that the EU was not born out of WW2, as many people seem to think. It had been planned at least a generation before that.
The Schuman Declaration of 9 May 1950, widely presented as the beginning of the efforts towards a European Union and commemorated in "Europe Day," contains phrases which state that it is "a first step in the federation of Europe", and that "this proposal will lead to the realization of the first concrete foundation of a European federation." However, as critics of the EU have noted, these political objectives are usually omitted when the Declaration is referred to, and most people are unaware of their existence.
A federation is, of course, a State and "yet for decades now the champions of EC/EU integration have been swearing blind that they have no knowledge of any such plans. The EEC/EC/EU has steadily acquired ever more features of a supranational Federation: flag, anthem, Parliament, Supreme Court, currency, laws."
The EU founders "were careful only to show their citizens the benign features of their project. It had been designed to be implemented incrementally, as an ongoing process, so that no single phase of the project would arouse sufficient opposition as to stop or derail it." Booker and North call the European Union "a slow-motion coup d'état: the most spectacular coup d'état in history," designed to gradually and carefully sideline the democratic process and subdue the older nation states of Europe without saying so publicly.
The irony is that France is now held hostage by the very forces she herself set in motion. The Jihad riots by Muslim immigrants in France in 2005 demonstrated that Eurabia is no longer a matter of French foreign policy, it is now French domestic policy. France will burn unless she continues to appease Arabs and agree to their agenda.
The growth of the Islamic population is explosive. According to some, one out of three babies born in France is a Muslim. Hundreds of Muslim ghettos already de facto follow sharia, not French law. Some believe France will quietly become a Muslim country, while others are predicting a civil war in the near future.
Maybe there is some poetic justice in the fact that the country that initiated and has led the formation of Eurabia will now be destroyed by its own Frankenstein monster. However, gloating over France's dilemma won't help. The impending downfall of France is bad news for the rest of the West. What will happen to French financial resources? Above all, who will inherit hundreds of nuclear warheads? Will these weapons fall into the hands of Jihadist Muslims, too?
Peder Are Nøstvold Jensen(born 11 June 1975) is a Norwegian far-right anti-Islamic blogger. Jensen wrote anonymously as Fjordman starting in 2005, until he disclosed his identity in 2011. He has been active in the counterjihad movement, which argues that multiculturalism, particularly Muslim immigration, poses a threat to Western civilization.
Declining joblessness figures, sprouting lately from the current administration like so many spring crocuses, have left even the Chairman of the Federal Reserve, Ben Bernanke, puzzled over numbers that are "out of sync" with the overall economy.
"The combination of relatively modest GDP growth with the more substantial improvement in the labor market over the past year is something of a puzzle," Bernanke admitted to the National Association for Business Economics earlier this week.
Bernanke then proceeded to explain why unemployment figures from the administration seem so out of step with the reality most folks are experiencing. He started with a basic, but often overlooked, part of the jobless equation. "The monthly increase in payroll employment, which commands so much public attention, is a net change," he said. "It equals the number of hires during the month less the number of separations (including layoffs, quits, and other separations)[.]"
Then Bernanke concluded, "the increase in employment since the end of 2009 has been due to a significant decline in layoffs but only a moderate improvement in hiring."
So, despite the Obamedia's attempt to paint a sunny picture heading into the November electionnote their relative inattention to Bernanke's speechvery few new jobs are actually being created during Obama's watch. In fact, the most recent numbers from the Bureau of Labor Statistics, cited by Bernanke, show that the number of people being hired has declined in 2012even as Obama officials reported that unemployment figures came down.
Early in his administration Barack Obama said that job creation was goal Number One. He promised to create 3 million new jobs during his first two years in office, a pledge which would seem laughable if his failure didn't adversely affect so many people. Even with recent improvements in jobless numberscaused mainly by a slowing of layoffsas Benanke noted, "private payroll employment remains more than 5 million jobs below its previous peak; the jobs shortfall is even larger, of course, when increases in the size of the labor force are taken into account."
The Obama administration was claiming jobless improvement in a job market that, according to non-Obama sources, was still grim. "American employers put the brakes on new jobs in January," according to Forbes, citing employment firm ADP. And Gallup reported in February that their surveys show new hirings dropped and that "the February score matches those recorded from October through December 2011."
As to the unemployment numbers emanating from Obama's regime, Bernanke noted, "the better jobs numbers seem somewhat out of sync with the overall pace of economic expansion," before concluding, "the job market remains quite weak relative to historical norms."
This article points out the corrupt methodology this administration has used on the American people since day one. Opening the Obama toolbox, one would suffix lie after lie, distortion after distortion, monkey wrench after monkey wrench. Our puerile president is NOT inept. He is defiantly on point, with concerted efforts to deconstruct American history, its industry, its libertyits very way of life. He doesn't seem to care to whom he hands off a weakened Americacould be the Soviets-in-training, the Chinese, or the Islamic Caliphate he works so diligently to reward at the expense of his own supposed homeland.
THE AMOUNT AMERICANS OWE on student loans is far higher than earlier estimates and could lead some consumers to postpone buying homes, potentially slowing the housing recovery, U.S. officials said Wednesday.
Total student debt outstanding appears to have surpassed $1 trillion late last year, said officials at the Consumer Financial Protection Bureau, a federal agency created in the wake of the financial crisis. That would be roughly 16% higher than an estimate earlier this year by the Federal Reserve Bank of New York.
The new figure—released Wednesday at a banking conference in Austin, Texas—is a preliminary finding from a study of student debt that the bureau plans to release this summer. Bureau officials said the estimate is based on a survey of private lenders, as opposed to other estimates that rely on a sampling of consumer credit reports.
CFPB officials say student debt is rising for several reasons, including a surge in Americans going to college in recent years to escape the weak labor market. Also, tuition increaseswhich many colleges say are needed to offset big cuts in state fundinghave many students taking out larger loans for more useless strains of liberal education.
In addition, the interest costs on older loans are climbing as borrowers fall behind on payments, reflecting mounting financial strains, bureau officials said. New York Fed data show that as many as one in four student borrowers who have begun repaying their education debts are behind on payments. With the OCCUPY folks now demanding free educations with which to powder their noses, the US budget is going bust on yet another stealth trillion dollar entitlement program crammed into the national debt.
Remember too that one of the first financial maneuvers of the Obama administration was to bring all student loans under the federal aegis. Do you think this President had a plan? I do, but it was not one we can as Americans vote for again.
Department of Education and the National Endowment of the Arts? Dismantle...
REAL ESTATE. ANOTHER SPLENDID EXAMPLE OF THE NOW not so misty ‘global conspiracy picture’ gaining clarity with a few more brush strokes of reality. This is just another facet of, and a continuation of the top down intentional pitting of the prudent against the not so prudent for control and elimination. This ballsy fact of a clockwork tenacity pushing for irresponsible financial activity goes well beyond instilling deflective jealousy and is more focused on creating anger and hate as strategic debt defaulting continues to rise thanks to the stranglehold the banks have on the economy.
And they've learned not a shred of hope is coming from DC or anywhere else...
This push is an integral part of the larger global divide and conquer scheme whereby the rich eliminate the high resource consuming, expensive to maintain, and always threatening middle class, and replace it with a low cost, non threatening, low brow, law enforcement class with the ultimate goal being a two tier ruler and ruled world. It's the warm and wonderful industrious Germans against those lazy shiftless Greeks. It is Pernicious Greed replacing good old fashioned Vanilla Greed. It's the same brutal squag in a different suit!
Now we understand that the grit of life is politics. The backlash will be strengthened and hastened by having ready a fair alternative to the end of all of this socially destructive parasitic voodoo whereby economics is falsely and deceptively separated from politicsnamelya very transparent, INTEREST FREE, alternative utility banking system that is controlled by the people.
Come on kidsit is time to pump up the volume of resistance while you still have a few resources remaining! It is time for election boycotts! Deception is the strongest political force on the planet.
A sad reckoning, but then Diogenes contributed his own two cents, adding to the profound real estate bust many of us are feeling:
I live in Phoenix. I know many people who can pay, but are preparing to walk. While Case-Shiller indicates that Phoenix is down 55% from the peak, I can tell you that, in many areas, it is much more than this. Case in point: a Scottsdale friend that bought a $950k house to live in, with a healthy down payment, now worth $350k.
At a recent dinner party, this was all everyone discussed. Lots of people are buying new cars, some are buying new townhouses or small homes, and others renting apartments while their credit is good, in anticipation of defaulting. Perhaps this was why consumer spending jumped a month or so ago? Most of these poeple put 20% or more down, but are profoundly under water, and may not see a recovery in their lifetime. And they see not a shred of hope coming from DC or anywhere else…
A REFUGEE FROM THE MUSLIM Middle East thinks he has discovered Islam's 20-point plan for conquering the United States by 2020a plan revealed in the latest issue of Joseph Farah's G2 Bulletin.
On the other side of the mountain, the cat is playing. Here's a snippet we found in the comment section of a Washington Post article suggesting that risk-tolerant China is investing heavily in Iraq as US companies stand pat. This, as the US is drained of its fortune in war while others swoop in to partnership the real business of nation building..
The Chinese are smarter than we Americans. While we are engaged in wars all over the world, some openly some not so openly, the Chinese seek to make friends and useful business connections. While the US supports useless sanctions against Iran, the Chinese are all over Iran making deals. Some Americans think the Chinese are Communists. They are communists in name only. First and foremost they are interested in business.
The US throws money away in Iraq, Afghanistan and elsewhere on military spending or bribes to win influence and our national debt continues to grow. We get nothing from this type spending. The Chinese, using "soft power" are doing business and making money which they are spending to make China a better place for the Chinese. They are building highways, airports, rail lines, schools, factories, hospitals and rapidly improving life for their people. At the same time the US standard of living is dropping so fast that you can see it by driving through almost anywhere in America.
Can the American powers be this stupid? Perhaps not, as another quipster's hypothesis suggests. We've probably got a hush-hush deal with China; that in order to pay off US debt, we'll use our military to open up markets for them and call it even.
It's kind of like sometimes when you get in debt to the Mob, and they cut you a deal that you can work it off by helping them out with "collections" if you're a tough guy.
Here's another scathing take of an unstable and disastrous future posted by a Jihad Watch commenter who goes by the telling handleSusanp.
FOR ANYONE WHO BELIEVES that the furious trans-globalist, internationalist traitors in the Obama adminstration and beyond, including the annointed one, are not champions of the New World Order, global government, open borders crowd, why did Obama make this statement last week while entertaining the president of Mexico: "America is not defined by its borders."
What, pray tell, defines America in the mind of this Manchurian Candidate, anti-Christ imposter who was elected president by my fellow Americans, most of whom assumed that his promise of 'change' meant change for the better, not a fast track to socialism/communism with obsequious pandering to arrogant, hostile muslim immigrants thrown in for good measure? America is the only sovereign country in the world that refuses to protect its borders and keep illegal aliens out, and Americans are the only people who are condemned, demonized, called racists and bigots for demanding that our immigration laws be upheld and our sovereignty defended.
The 'North American Union' project is not dead and the elitist tycoons have not abandoned their monumental and cherished endeavor. It is very much alive, with the goal of merging Canada, Mexico, and the U.S. into one big borderless union similar to the E.U., with its own currency, parliament, and behemoth bureaucracy. Its foundations are being laid as we speak and it will happen, perhaps not in our lifetimes, but eventually. I see nothing that can stop it except mass revolt by the people of all three nations, and I just can't envision militant Canadians. The Mexicans would love it and who knows what Americans will do.
It will be accomplished in stages, accompanied by the usual lies, obfuscations, and deceit so the peasants don't revolt in fury and with a complicit media providing cover, what could go wrong? When the perfect storm comes along, it will be foisted on the people and proclaimed their only salvation from whatever profound and chaotic 'emergency' they create to consummate their ambitious venture. Several states amended their constitutions in anticipation of this outrageous plot, and that is proof enough for me that it exists.