A four-decade tidal wave of Mexican immigration to the United States has receded, causing a historic shift in migration patterns as more Mexicans appear to be leaving the United States for Mexico than the other way around, according to a report from the Pew Hispanic Center.
It looks to be the first reversal in the trend since the Depression, and experts say that a declining Mexican birthrate and other factors may make it permanent.
Big Pharma wants pregnant women to take prescription drugs, vaccine shots and even chemotherapy. It’s the latest insanity from an industry that kills more Americans ever year than died in the entire Vietnam War. And the latest science reveals that antidepressant use during pregnancy is causing babies to be born with physical defects — or sometimes not born at all because they’re miscarried.
This disturbing new science published in the journal Human Reproduction was authored by Dr. Adam Urato, obstetrician and chairman of the department of obstetrics and gynecology at MetroWest Medical Center in Framingham, Mass., and Dr. Alice Domar, a psychologist and assistant professor at Harvard Medical School.
The study shows drastically increased rates of birth defects in children who are exposed to SSRI drugs (antidepressants) while in the womb. The risk of miscarriages also skyrockets with antidepressant drug use during pregnancy.
Study author Dr. Urato is also warning that at least 40 studies now link SSRI use during pregnancy with pre-term births.
The abstract of the study lays out the findings in clear language:
Antidepressant use during pregnancy is associated with increased risks of miscarriage, birth defects, preterm birth, newborn behavioral syndrome, persistent pulmonary hypertension of the newborn and possible longer term neurobehavioral effects.
This is the ‘Greatest Depression’.
The real US unemployment rate is not 9.8% but between 25% and 30%. That is a depression level of job losses …
Aug 2010: Welcome to the Recovery (New York Times, by Timothy Geithner)
- The US Labor Market Is In A Full-Blown Depression (ZeroHedge, June 6, 2012):
Now that stocks are back to reflecting nothing more than expectations of how many times the Chairsatan dilutes the existing monetary base in a carbon copy replica of not only 2011 but also 2010… and 2009 (because contrary to what purists may believe, the only way to inflate away unsustainable debt in a growth-free economy is by destroying the currency), and manic pattern chasers have crawled out of their holes proclaiming the death of the bear market after a two day bounce, what is happening in the actual economy, no longer reflected by the market, has once again been pulled back to the backburner. Which is sad, because while ever fewer people reap the benefits of artificial, centrally-planned S&P rallies, the rest of the population suffers, and what is worse: hope for a quiet, middle-class life is now an endangered species. Nowhere is this more evident than in the following list from David Rosenberg which summarizes how, quietly, the US labor force slipped back into a full-blown depression.
From David Rosenberg:
One Sick Labor Market
There were so many disturbing elements to the May jobs data that we’re not sure we can do justice to the litany of disappointments (with some help from our friends at the Investor’s Business Daily): Continue reading »
- The US Has Finally Done It: Mexican Immigrants Become Emigrants (ZeroHedge, April 24, 2012):
You know its bad when…the net flow of Mexicans into the US has fallen so much that there is a high probability that it is now in reverse ending around forty years of inward migration. The Pew Hispanic Center notes that the standstill – after more than 12 million current immigrants have entered the US – more than half of whom are illegal – appears to be the result of many factors including a weakened US job and construction market, tougher border enforcement, a rise in deportations, growing dangers associated with border crossing, a long-term decline in Mexico’s birth rate, and changing (read perhaps more opportunistic) economic conditions in Mexico (especially if you work at WalMex). This sharp downward trend in net migration has led to the first significant decrease in at least two decades in the number of unauthorized Mexican immigrants living in the U.S. – to 6.1 million in 2011, down from a peak of nearly 7 million in 2007. In the five years from 2005 to 2010, about 1.4m Mexicans immigrated to the US – exactly the same number of Mexican immigrants and their US-born children who quit the US and moved back or were deported to Mexico. By contrast, in the previous five years to 2000 some 3m Mexicans came to the US and fewer than 700,000 left it. It will be interesting to see the spin that the Obama and Romney camps put on this hot-button topic as the ‘Dream Act’ turns into a nightmare and hardline anti-illegal immigration stances become, well, less relevant as Mexicans become Mexican’ts.
Among the report’s key findings: Continue reading »
- For first time since Depression, more Mexicans leave U.S. than ente (Washington Post, April 24, 2012):
- You Ain’t Seen Nothing Yet – Part Two (ZeroHedge, April 3, 2012)
- You Ain’t Seen Nothing Yet – Part One (ZeroHedge, April 2, 2012)
Tags: Banking, Barack Obama, Ben Bernanke, Bonds, Collapse, Debt, Depression, Economy, Fed, Federal Reserve, GDP, Global News, Goldman Sachs, Government, Great Depression, Insider Trading, Meltdown, Obama administration, Politics, Society, U.S., Unemployment
- Spain’s sovereign thunderclap and the end of Merkel’s Europe (Telegraph, Mar 5, 2012):
The Spanish rebellion has begun, sooner and more dramatically than I expected.
As many readers will already have seen, Premier Mariano Rajoy has refused point blank to comply with the austerity demands of the European Commission and the European Council (hijacked by Merkozy).
Taking what he called a “sovereign decision”, he simply announced that he intends to ignore the EU deficit target of 4.4pc of GDP for this year, setting his own target of 5.8pc instead (down from 8.5pc in 2011).
In the twenty years or so that I have been following EU affairs closely, I cannot remember such a bold and open act of defiance by any state. Usually such matters are fudged. Countries stretch the line, but do not actually cross it.
For the many ‘benefits’ of fluoride see the links below.
Some history: Fluoride: A Chronological History
- Psychiatrist calls for lithium to be added to water (Irish Times, December 2, 2011):
A consultant psychiatrist last night called on Government to add lithium salts to the public water supply in a bid to lower the suicide rate and depression among the general population.
At a mental health forum on “Depression in Rural Ireland” in Ennistymon, Co Clare, Dr Moosajee Bhamjee said that “there is growing scientific evidence that adding trace amounts of the drug lithium to a water supply can lower rates of suicide and depression”.
Lithium is used by doctors as a mood stabiliser in the treatment for depression.
Dr Bhamjee said: “A recent article in the British Journal of Psychiatry found the beneficial uses of lithium when it was added to the water supply in parts of Texas.”
He said the Government should consider a pilot project for a town in Ireland where lithium salts could be added to the water in very small doses and examine the results.” He said there was already strong precedent for governments intervening in the operation of public water supply for health benefits by adding fluoride.
- THEY WANT US DEAD! – Red Level Alert America (The Intel Hub, Sep. 30, 2011):
While we are all focusing on the coming financial collapse, as bad as that is something much more sinister is in the works.
It’s very subtle if you are not paying attention. But, to the aware, it’s blatant, insidious, and just as horrific as Hitler’s Germany.
There is a small group of the world’s banking elite who have worked for a few hundred years with ingenious precision and unlimited money, to corral, coerce, and conquer every country of value on earth.
For people who are normal and not rabidly greedy, it’s hard to fathom the idea of anyone trying to get control of the whole world, and taking a chunk of every measure of value traded between its people. What’s even harder to grasp is that they will stop at nothing to do it. And I mean nothing! Look around you!
Tags: Aspartame, Big Pharma, Chemtrails, Corexit, Depression, Drugs, Environment, EPA, FDA, Fluor, Fluoridation, Fluoride, Food, Genetically Modified Organisms, GMO, Government, Health, Healthcare, Pharmaceutical Industry, Politics, Smart Meters, Society, Supplements, U.S., USDA, Weather Modification
- The Great Collapse Has Officially Begun (ZeroHedge, Aug 20, 2011):
I’ve been warning of this for well over two years. My primary warnings were:
- 1) That 2008 was just a warm-up
- 2) That the REAL Crisis had yet to unfold
- 3) That the REAL Crisis would make 2008 look like a picnic
Well, the period I’ve been warning of is now here. What’s happening right now is not just a market crash, bear market, deflation, or any other item related to just one asset class.
Instead, this is a collapse of the entire US monetary and political system and the mentality of spending one’s way to wealth.
For 80+ years, the US has operated under a crony capitalist system in which politicians dole out political and economic favors to the chosen few whose bribes/donations funded their campaigns.
- Recessionspotting: “You Are Here” (ZeroHedge, Aug 13, 2011):
Now that even the likes of Joe LaSagna are starting to throw out the R-word about as casually as they did a 4% 2011 GDP target as recently as 2 months ago, it is becoming increasingly clear that the market is pricing in the fact that post a few more historical BEA revisions, the prior two real GDP reads will end up having been, shockingly enough, negative, i.e., your garden variety recession. So where does that put us on a market performance continuum, for those wishing to extrapolate how much further stocks and, yes, bonds (because credit is and always has been a far better indicator of objective market reality) have to drop before we hit the proverbial floor. Well, according to Morgan Stanley, quite a bit lower: “Despite the recent decline in risk assets, we do not believe that recession is in the price. Exhibits 3 and 4 show the typical declines in developed market risk assets in recession. Compared to corrections in past recessions, S&P prices and corporate credit spreads would have more to go, though spreads are starting from a higher level than typically precedes recessions.” What is startling is that should central planners lose all control (and with central bank intervention upon intervention, one can argue that should all artificial props be removed, the market really ought to plunge in a Great Depression-style tailspin), the drop from the April 29 peak to the bottom will be roughly 4 times greater… which means the S&P would hit the proverbial “S&P 400″ which is the long-term target of the likes of some more popular skeptics such as Albert Edwards and Russell Napier. As for credit: watch out below.
And completing the pain, again from Morgan Stanley:
Now there is NOTHING left and all those taxpayer looting bailouts and the useless stimulus package made things much worse.
This is the Greatest Depression and the greatest financial collapse in world history is near.
YouTube Added: 21.01.2008
When a country embarks on deficit financing (Obamanomics) and inflationism (Quantitative easing) you wipe out the middle class and wealth is transferred from the middle class and the poor to the rich.
- Ron Paul
“Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.”
- Ron Paul
- Mike Krieger Explains Why QE 3 Will Merely Keep The Lights On (ZeroHedge, July 8, 2011):
From Mike Krieger of KAM LP
“Whenever the economic life of a nation becomes pre¬carious, the central government is forced to assume additional responsibilities for the general welfare. It must work out elaborate plans for dealing with a criti-cal situation; it must impose ever greater restrictions upon the activities of its subjects; and if, as is very likely, worsening economic conditions result in polit¬ical unrest, or open rebellion, the central government must intervene to preserve public order and its own authority. More and more power is thus concentrated in the hands of the executives and their bureaucratic managers. But the nature of power is such that even those who have not sought it, but have had it forced upon them, tend to acquire a taste for more. “Lead us not into temptation,” we pray — and with good reason; for when human beings are tempted too enticingly or too long, they generally yield. A democratic constitu¬tion is a device for preventing the local rulers from yielding to those particularly dangerous temptations that arise when too much power is concentrated in too few hands.”
- Aldus Huxley, Brave New World Revisited
“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. …He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.”
- Marcus Tullius Cicero (106 BC—43 BC)
QE3: It Will Merely Keep the Lights On
This is a piece that has been festering in my head for quite some time now and I was waiting for the right moment to pen it. That time is now. In some ways The Bernank made a huge mistake by not launching QE3 right away when he had the chance. Now don’t get me wrong, I am not in favor of any of this nonsense and I think The Bernank’s profession needs to go the way of the dodo bird, but I mean from the perspective of a Central Banker I think he made a big mistake by taking a breather from at least the printing and manipulations that they admit to. The reason I say this is because up until the last month or so The Fed had been essentially telling the American sheeple that all was under control and that since The Bernank had studied the Great Depression and Japan he could save us from all the mistakes that were made back in those less enlightened times. The Fed was saying that they could pull off the equivalent of preventing a serious hangover for someone that chugged an entire bottle of tequila. They basically claimed to have found a way to break the laws of the universe.
Unfortunately for them, the cruel forces of reality have intervened and proven that they actually did not figure out how to change the immutable laws of physics. This truth became abundantly clear at The Bernank’s most recent press conference (which if he is smart will be his last) where it became all too clear that even he comprehends on some level that his theories and in fact his entire life has been a complete waste of time and energy. That would be ok if he were confined to some University lecture hall; however, his lunacy was unleashed on the entire planet and we will all suffer the dire consequences of it for many years to come. He has basically shoved another bottle of tequila down the throat of the already passed out drunkard and now he not just unconscious but is DYING.
If Nostradamus were alive today, he’d have a hard time keeping up with Gerald Celente.
– New York Post
When CNN wants to know about the Top Trends, we ask Gerald Celente.
– CNN Headline News
There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about.
Those who take their predictions seriously … consider the Trends Research Institute.
– The Wall Street Journal
A network of 25 experts whose range of specialties would rival many university faculties.
– The Economist
KINGSTON, NY — Everything is not all right. And things are going to get worse… much worse. The economy is on the threshold of calamity. Wars are spreading like wildfires. The world is on a razor’s edge.
Not so, say world leaders and mainstream media experts. Yes, there are problems, but the financiers and politicians are aware of them. Policies are already in place and measures are being taken to correct them.
Whether it’s failing economies, intractable old wars or raging new wars, the word from the top always maintains that steady progress is being made and comforts the populace with assurances that the brightest minds and the sharpest generals are in charge and on the case. On all fronts, success is certain and victory is at hand. Only “patience” is required … along with more men, more time and more money.
As far as these “leaders” and their media are concerned, the only opinions that count come from a stable of thoroughbred experts, official sources and political favorites. Only they have the credentials to speak with authority and provide trustworthy forecasts. That they are consistently, if not invariably, wrong apparently does nothing to diminish their credibility.
How can any thinking adult possibly imagine that the same central bankers, financiers and politicians responsible for creating the economic crisis are capable of resolving it? Within days of its announcement, we predicted that Bush’s TARP (Troubled Asset Relief Program) was destined to fail, and subsequently predicted the same for Obama’s stimulus package (The American Recovery and Reinvestment Act). They were no more than cover-ups; there would be no recovery.
Meet the New Plan, Same as the Old Plan
… and created it, together with the government, following orders from their elite masters.
Again, this is the ‘Greatest Depression’.
- Wall Street Baffled by Slowing Economy, Low Yields: Trader (CNBC, June 1, 2011):
Wall Street is having a hard time figuring out what to do now that the U.S. economy appears to be sputtering and yields are so low, Peter Yastrow, market strategist for Yastrow Origer, told CNBC.
“What we’ve got right now is almost near panic going on with money managers and people who are responsible for money,” he said. “They can not find a yield and you just don’t want to be putting your money into commodities or things that are punts that might work out or they might not depending on what happens with the economy.
“We need to find real yield and real returns on these assets. You see bad data, you see Treasurys rally, you see all bonds and all fixed-income rally and then the people who are betting against the U.S. economy start getting bearish on stocks. That’s a huge mistake.”
Stocks extended losses after the manufacturing fell below expectations in May and the private sector added only 38,000 jobs during the month.
“Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything,” Yastrow said. “We’re on the verge of a great, great depression. The [Federal Reserve] knows it.”
- Falling Home Prices Hit Big Banks, Fannie, Freddie (CNBC, 31 May 2011):
Home prices began double-dipping months ago, but now that S&P/Case Shiller has chimed in, it really must be so.
This report is the most widely-followed home price index, equally quoted in bank boardrooms, Treasury Department back rooms, and Congressional Committees.
The report finds home prices in Q1 of this year are now 2.9 percent below the previous quarterly bottom in Q1 of 2009, effectively giving up all the gains of the past few years, which were of course fueled by the home buyer tax credit.
“Just about everybody agrees we’re going to miss the seasonally strong period in 2011, which we should be at the very beginning of right now with May, but nobody thinks that will make any difference,” says S&P’s David Blitzer. “Everybody’s now keeping their fingers crossed for 2012 and wondering whether people just don’t want to own homes anymore.”
Keeping your fingers crossed for the housing market is just the tip of the iceberg. Prices have now fallen, on this index, more than they did during the Great Depression. “On that occasion, the peak in prices was not regained until 19 years after they first fell,” notes Paul Dales at Capital Economics. Continue reading »
Walter J. “John” Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth’s Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies.
John Williams of Shadowstats.com:
The U.S. economic and systemic-solvency crises of the last four years only have been precursors to the coming Great Collapse: a hyperinflationary great depression. Such will encompass a complete collapse in the purchasing power of the U.S. dollar; a collapse in the normal stream of U.S. commercial and economic activity; a collapse in the U.S. financial system as we know it; and a likely realignment of the U.S. political environment.”
“Outside timing on the hyperinflation remains 2014, but there is strong risk of the currency catastrophe beginning to unfold in the months ahead. It may be starting to unfold as we go to press in March 2011, but moving into a full blown hyperinflation could take months to a year, beyond the onset, depending on the developing global view of the dollar and reactions of the U.S. government and the Federal Reserve.
Tags: Barack Obama, Bonds, Debt, Depression, Dollar, Economy, Fed, Federal Reserve, Global News, Government, Hyperinflationary Depression, Inflation, John Williams, Obama administration, Politics, U.S.