Celente’s Economic Predictions have all been right on target, that’s the good news, the bad news is that what he predicts for the near future is BAD.

Most Americans are still operating under the delusion that this “recession” will end and that the “good times” will return soon, but a growing minority of Americans are starting to realize that things are fundamentally changing and that they better start preparing for what is ahead. These “preppers” come from all over the political spectrum and from every age group.  More than at any other time in modern history, the American people lack faith in the U.S. economic system.  In dozens of previous columns, I have detailed the horrific economic problems that we are now facing in excruciating detail.  Many readers have started to complain that all I do is “scare” people and that I don’t provide any practical solutions.  Well, not everyone can move to Montana and start a llama farm, but hopefully this article will give people some practical steps that they can take to insulate themselves (at least to an extent) from the coming economic collapse.

But before I get into what people need to do, let’s take a minute to understand just how bad things are getting out there.  The economic numbers in the headlines go up and down and it can all be very confusing to most Americans.

However, there are two long-term trends that are very clear and that anyone can understand….

#1) The United States is getting poorer and is bleeding jobs every single month.

#2) The United States is getting into more debt every single month.

When you mention the trade deficit, most Americans roll their eyes and stop listening.  But that is a huge mistake, because the trade deficit is absolutely central to our problems.

Every single month, Americans buy far, far more from the rest of the world than they buy from us.  Every single month tens of billions of dollars more goes out of the country than comes into it.

That means that every single month the United States is getting poorer.

The excess goods and services that we buy from the rest of the world get “consumed” and the rest of the world ends up with more money than when they started.

Each year, hundreds of billions of dollars leave the United States and don’t return.  The transfer of wealth that this represents is astounding.

But not only are we bleeding wealth, we are also bleeding jobs every single month.

The millions of jobs that the U.S. economy is losing to China, India and dozens of third world nations are not going to come back.  Middle class Americans have been placed in direct competition for jobs with workers on the other side of the world who are more than happy to work for little more than slave labor wages.  Until this changes the U.S. economy is going to continue to hemorrhage jobs.

The U.S. government has helped to mask much of this economic bleeding by unprecedented amounts of government spending and debt, but now the U.S. national debt exceeds 13 trillion dollars and is getting worse every single month.  Not only that, but state and local governments all over America are getting into ridiculous amounts of debt.

So, what we have got is a country that gets poorer every single month and loses jobs to other countries every single month and that has accumulated the biggest mountain of debt in the history of the world which also gets worse every single month.

Needless to say, this cannot last indefinitely.  Eventually the whole thing is just going to collapse like a house of cards.

So what can we each individually do to somewhat insulate ourselves from the economic problems that are coming?….

1 - Get Out Of Debt: The old saying, “the borrower is the servant of the lender”, is so incredibly true.  The key to insulating yourself from an economic meltdown is to become as independent as possible, and as long as you are in debt, you simply are not independent.  You don’t want a horde of creditors chasing after you when things really start to get bad out there.

2 - Find New Sources Of Income: In 2010, there simply is not such a thing as job security.  If you are dependent on a job (“just over broke”) for 100% of your income, you are in a very bad position.  There are thousands of different ways to make extra money.  What you don’t want to do is to have all of your eggs in one basket.  One day when the economy melts down and you are out of a job are you going to be destitute or are you going to be okay?

3 – Reduce Your Expenses: Many Americans have left the rat race and have found ways to live on half or even on a quarter of what they were making previously.  It is possible – if you are willing to reduce your expenses.  In the future times are going to be tougher, so learn to start living with less today.

4 – Learn To Grow Your Own Food: Today the vast majority of Americans are completely dependent on being able to run down to the supermarket or to the local Wal-Mart to buy food.  But what happens when the U.S. dollar declines dramatically in value and it costs ten bucks to buy a loaf of bread?  If you learn to grow your own food (even if is just a small garden) you will be insulating yourself against rising food prices.

5 – Make Sure You Have A Reliable Water Supply: Water shortages are popping up all over the globe.  Water is quickly becoming one of the “hottest” commodities out there.  Even in the United States, water shortages have been making headline news recently.  As we move into the future, it will be imperative for you and your family to have a reliable source of water.  Some Americans have learned to collect rainwater and many others are using advanced technology such as atmospheric water generators to provide water for their families.  But whatever you do, make sure that you are not caught without a decent source of water in the years ahead.

Fresh food that lasts from eFoods Direct (Ad)

6 – Buy Land: This is a tough one, because prices are still quite high.  However, as we have written previously, home prices are going to be declining over the coming months, and eventually there are going to be some really great deals out there.  The truth is that you don’t want to wait too long either, because once Helicopter Ben Bernanke’s inflationary policies totally tank the value of the U.S. dollar, the price of everything (including land) is going to go sky high.  If you are able to buy land when prices are low, that is going to insulate you a great deal from the rising housing costs that will occur when the U.S dollar does totally go into the tank.

7 – Get Off The Grid: An increasing number of Americans are going “off the grid”.  Essentially what that means is that they are attempting to operate independently of the utility companies.  In particular, going “off the grid” will enable you to insulate yourself from the rapidly rising energy prices that we are going to see in the future.  If you are able to produce energy for your own home, you won’t be freaking out like your neighbors are when electricity prices triple someday.

8 – Store Non-Perishable Supplies: Non-perishable supplies are one investment that is sure to go up in value.  Not that you would resell them.  You store up non-perishable supplies because you are going to need them someday.  So why not stock up on the things that you are going to need now before they double or triple in price in the future?  Your money is not ever going to stretch any farther than it does right now.

9 – Develop Stronger Relationships: Americans have become very insular creatures.  We act like we don’t need anyone or anything.  But the truth is that as the economy melts down we are going to need each other.  It is those that are developing strong relationships with family and friends right now that will be able to depend on them when times get hard.

10 – Get Educated And Stay Flexible: When times are stable, it is not that important to be informed because things pretty much stay the same.  However, when things are rapidly changing it is imperative to get educated and to stay informed so that you will know what to do.  The times ahead are going to require us all to be very flexible, and it is those who are willing to adapt that will do the best when things get tough.

[Via:Economiccollapseblog]

New York’s Conservative Party is planning a television ad campaign to pressure a New York City utility to use its power to block a proposed mosque near ground zero that the ad says is planned by an “un-American” Muslim leader.

The ad states “patriotic Americans” want “real answers” about the cultural center proposed for lower Manhattan in a building partly owned by Consolidated Edison. Plans call for the Muslim center to include a mosque in the building about two blocks from the Sept. 11, 2001, attack.

The ad asks viewers to contact the utility, which has more than 3 million customers, at a phone number provided on screen and is the first effort to try to get customers to target the company.

The Conservative Party’s statewide ad to begin running next week says Republican candidate for governor Rick Lazio, the Conservative nominee, is asking the right questions about the effort and who or what groups will fund it.

The utility has said it is legally bound to accept the plans to sell the building under an agreement with its tenant.

“My hope is Con Ed would be civic minded and not participate in the sale,” New York Conservative Party Chairman Michael Long told The Associated Press. “Our little twist is creating a grass-roots effort to put pressure on Con Ed.”

Long said the ad will run statewide in all TV markets on cable television including in New York City where Con Edison has its customer base. Long said it will be a “significant” buy, but said he wasn’t yet sure of the total cost.

Con Edison said Friday in a statement that its action is “consistent with the law and our core beliefs.” If an independent appraiser approves of the price, the property will be sold, the company said.

“We will not allow other considerations to enter into this transaction,” the utility said. “This is New York, a rich diverse city. Con Edison’s values call for respecting people without regard to their racial, ethnic, or religious orientation. They are all our customers.”

The ad will come after President Barack Obama on Friday sought to speak up for religious freedom at a dinner celebrating the Islamic holy month of Ramadan. The $100 million proposal has ignited tensions nationwide and polls show a slight majority of New Yorkers oppose the mosque if it’s located so close to the site of the Sep. 11 attacks.

Theoretical physicist Stephen Hawking has some advice for the people of Earth – it’s time to get off.

“I believe that the long-term future of the human race must be in space,” Hawking said to Big Think , a global forum that includes interviews with experts.

“It will be difficult enough to avoid disaster on planet Earth in the next hundred years, let alone the next thousand, or million. The human race shouldn’t have all its eggs in one basket, or on one planet. Let’s hope we can avoid dropping the basket until we have spread the load.”

The physicist called humankind’s survival “a question of touch and go” and referred to the Cuban Missile Crisis in 1963 as one time people narrowly avoided extinction. He also referred to the 22,600 stockpiled nuclear weapons, including 7,770 still operational, scattered around the planet.

If that doesn’t drive us off, University of Sussex astrophysicist Dr. Robert Smith said global warming may reach a point “where all of Earth’s water will simply evaporate.” He said life will disappear on Earth long before the 7.6 billion years some say the aging sun will expand and destroy Earth.

CNet news said that Hawking has concerns about how humans “are eating up finite resources” and has claimed man’s genetic code “carries selfish and aggressive instincts” that have helped humanity survive in the past.

Hawking suggests that if man can avoid disaster for the next two centuries “our species should be safe as we spread into space.”

According to the Daily Mail , Hawking warned earlier this year that humans should be cautious in trying to contact other alien life forms because there is no way to know if they will be friendly.

“If we are the only intelligent beings in the galaxy we should make sure we survive and continue,” he said.

Vernos Branco, a Las Vegas Sun reader, suggested in a letter to the editor that it may not be that easy to escape. He wrote about how humans have continued to move from one place to another as they settle in an area, use all the resources, pollute the area and move on.

He said now that man has technology that can destroy the environment faster, we are running out of space to live in.

“The planet will be fine and heal; it is man who will vanish,” he wrote. “… If we develop the technology for space travel, we will do the same to that environment, until we learn not to. Man will become extinct due to his greed.”

It may not be that easy anyway to just hop to another planet. University of Michigan astrophysicist Katherine Freese told Big Think that the closest star to Earth is Proxima Centauri. That’s 4.2 light years away, which means man could reach the star in 4.2 years – if man could travel at the speed of light.

At this point man travels at about ten thousandth of light speed, which would make that journey about 50,000 years.

There is also the cosmic radiation danger unless man creates a warp drive or cryogenic freezing technology.

If man can develop the technology needed, she said, man could travel into the future.

The US Coast Guard dispatched emergency teams Tuesday after a boat crashed into an oil well off the coast of New Orleans, reportedly sending crude spewing some 20 feet into the air.

The wellhead, located about 65 miles (104 kilometers) south of New Orleans, was ruptured when it was struck by a dredge barge being pulled by a tug.

The Coast Guard said it could not immediately confirm reports (Ahemm-Hemmm, look at the video above) that a giant fountain of oil was now spewing from the damaged wellhead, which was situated only six feet (1.8 meters) below the surface of the sea.

A strike Coast Guard team from Mobile, Alabama had been dispatched by boat to the scene as well as a helicopter from New Orleans with a marine pollution investigator on board.

“There have been reports of oil from the elision and we are investigating those reports to mitigate any environmental concerns,” petty officer William Colclough, a Coast Guard spokesman, told AFP.

“The oil spill liability trust fund has been enacted to provide monetary support for any clean-up operation.”

Unrelated to the massive gusher recently capped by BP deep down on the seabed, the incident did occur in a nearby part of the Gulf of Mexico and could require clean-up vessels to be redeployed if reports are confirmed.

Source: Activist Post