Society's Child
In so many ways, what we are witnessing right now is so similar to what we experienced during the build up to the last great financial crisis. We are making so many of the very same mistakes that we made the last time, and yet our "leaders" seem completely oblivious to what is happening. But the warning signs are very clear. All you have to do is open your eyes and look at them. The following are 27 huge red flags for the U.S. economy...
#1 Despite endless assurances from the Obama administration that we are in an "economic recovery", the number one concern for U.S. voters is "Unemployment/Jobs" according to a recent Gallup survey.
"Despite the fact that we are no longer sending orphans for adoption to US families, the USA has not given up on its policy of purchases of children. If we fail to impose a legal ban on the shipping of children across the ocean, they will transport them through third countries," State Duma deputy Yevgeniy Fyodorov (United Russia) has told the mass circulation daily, Izvestia.

Convicted murderer Sante Kimes is shown in court in 2004 awaiting the guilty verdict in her trial for the murder of Los Angeles businessman David Kazdin. She died Monday in a New York prison.
The conniving Kimes, 79, passed away Monday evening about 7:30 p.m. in the suburban New York prison's maximum security unit, state Corrections Department spokeswoman Linda Foglia said.
Kimes was serving out a life sentence plus 125 years for a pair of grisly murders - one on each coast - that turned the prostitute's daughter into a made-for-television villain.
No less a star than Mary Tyler Moore portrayed the cold-blooded Kimes in one of two small screen biopics based on her bicoastal killings.
In New York, Kimes was convicted for the murder of wealthy Upper East Side widow Irene Silverman in a plot to steal her $7.5 million townhouse.
A recent lawsuit filed against Chicago police shows a woman was physically and verbally abused by the US city's police officers last year.
Jianqing "Jessica" Klyzek, 32-year-old manager of a tanning salon and massage parlor, was subject to police brutality last year as the officers tried to place her under arrest, according to the lawsuit which was filed on May 14.
Yet official statistics say Americans only spend about 11% of their post-tax income on food. I don't know about you, but food is my family's biggest monthly expense no matter what percentage of my income it is. I suspect that the same goes for most households reading this.
The causes for higher prices are many: currency inflation, fuel costs, bad weather, commodity speculation, higher demand, etc. I refer to the causes only to illustrate that this trend is very likely to continue. Therefore, it is wise to manage this crucial household expense more closely.
The "most unequal" public university in America, according to the report, is Ohio State. Between 2010 and 2012 it paid its president, Gordon Gee, a total of almost $6 million, while raising tuition and fees so much that student debt grew 23 percent faster than the national average.
The artist made his claim in a video that went viral on May 12, where he says that debt owed to the Universidad del Mar is now worthless.
The ashes of the burnt legal papers were later confiscated by police after they were displayed at the Centro Cultural Gabriela mistral (GAM) exhibition.
"It's over, it's finished. You don't have to pay another peso [of your student loan debt]. We have to lose our fear, our fear of being thought of as criminals because we're poor. I am just like you, living a shitty life, and I live it day by day - this is my act of love for you," Tapia says in the five minutes of the video, parts of which were translated by the Santiago Times.
The theft and subsequent destruction of the documents happened during a 'toma,' or student takeover, of the campus.
Authorities began closing down Universidad del Mar last year due to financial irregularities, and while most of the students had to find an alternative school, the university is still collecting student loan payments. Now the owners of the university will have to sue each of the individual students - a very time consuming and costly process.

A file picture taken on October 16, 2002 , shows investigative journalist and human rights activist Anna Politkovskaya
The jury on Tuesday announced a guilty verdict for three Chechen brothers, Rustam, Ibragim and Dzhabrail Mahmudovs, their uncle Lom-Ali Gaytukayev and the ex-police officer Sergey Khadjikurbanov.
The panel also decided that the investigation presented convincing evidence of Rustam Mahmudov's role as the actual killer in the 2006 murder.
None of the suspects have pleaded guilty. Mahmudov has claimed that neither him, nor his brothers were complicit in the murder, while Khadjikurbanov has asserted that he was slandered by another figure in the case, ex-police colonel Dmitry Pavlyuchenkov, who earlier struck a deal with the investigation. Pavlyuchenkov, who was initially suspected of organizing the murder, was sentenced to 11 years in jail and was also obliged to pay nearly $100,000 in damages to Politkovskaya's family.
Gaytukayev, on the other hand, is already serving a 2008-imposed 15 year jail sentence for organizing a separate contract killing. He had become known as a crime boss for carrying out large-scale fraud in the early 1990-s, known as "Chechen letters of advice."
"The combined efforts of COMAC and UNAC on the joint creation of a new series of long-range planeswill bring cooperation between the two countries in the aircraft industry to a completely different level," UNAC CEO Mikhail Pogosyan said, according to the statement.
The memorandum on cooperation was the result of two years of consultations between Russian and Chinese experts.
Judge Ronald A. Zweibel's Monday morning decision was handed down in a Manhattan courtroom 14 days after a jury there found McMillan, 25, guilty of deliberately striking a plainclothes New York Police Department officer in the face with her elbow. She faced a maximum of seven years in prison as a result of the second-degree assault conviction.
"A civilized society must not allow an assault to be committed under the guise of civil disobedience," Justice Zweibel said during Monday's hearing, according to a New York Times report published shortly after the sentencing was announced.
Comment: So, she elbowed a cop who was trying to molest/arrest her at an Occupy Wall Street protest. She was detained as a result, received multiple cuts, bruised ribs and had a seizure. How much time did the cops get that "detained" her...?
Welcome to the police state!












Comment: Economic collapse is inevitable, and it's going to hit the U.S. hardest. So says last week's guest on SOTT Talk Radio, Dmitry Orlov.