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Generally CNBC is a financial network that I think most of the anchors or so called journalist on CNBC are bought and paid for by Wall Street. Usually, they are always bullish and trying to get people to get into the market even when presented with evidence of slowdowns or crash ahead.

Great little movie with some history, detailing what has happened over the last 5 years.

OWS Peaceful protest, met with excessive force.
Is America still the land of the “FREE” or becoming more like a police state?

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The U.S Government calls the current economic situation “The Great Recession” and they are lying, the real situation is that U.S and the world is rapidly moving into “The Great Depression 2.0″. Don’t listen to the lies of the mainstream media that is telling you how the economic situation is getting better, when behind the scenes the fundamentals are falling apart.

People will not consume, buy goods until they can afford to. The debt load is so high for the majority of the world’s population so demands for goods and services will slow for the next little while, until people have pay off most of their debt or declare bankruptcy. One thing they won’t be doing is invest, what money do they have left over after food, mortgage/rent and petrol/gasoline. Look for slowing economy in the coming years.

Good description from Will Hunting the character in the movie “Good Will Hunting” about how America’s war, stealing oil from other countries and off shoring jobs to cheaper labor in third world countries have affected the United States.

According to U.S government jobs reports and cooked statistics, the economy is getting better, however if you asked the people on the street , they might say differently. Now as we draw closer to December and January which is when most layoffs happen, companies are starting to let go workers again.

Whirlpool announce to cut 5000 jobs, mainly in U.S and Europe and Advance Micro Devices (AMD) to cut 1400 jobs as well.

Ron Paul interviewed by News 4 KRNV Reno 10/28/’11