Police Officer: "Can I see your ID?"

Protester: "No, I rather remain anonymous."

Police Officer: "You're under arrest."

Ouch, Ontario Gives Police Sweeping Powers During G20 Summit in Toronto:

Before Dave Vasey, 31, was arrested and detained for a few hours on June 24, 2010, very few people knew about the vast powers of search and arrest that police were given for the G20 Summit being held in Toronto on June 26 and 27.

After Vasey’s story became public, Toronto Police Chief Bill Blair held a news conference where he explained that the law was neither new nor passed in secret. It was done just as much to protect protesters as other people. He was correct in saying that the law under which these enhanced powers of arrest and detention were granted was not new; it has been around for years. But, as far as the regulation that applies specifically to the G20 Summit weekend in Toronto, it was secret for all those who don’t make looking at new Ontario government regulations on the Internet part of their daily routine.

While G20 participants are protected behind a security fence (put up with taxpayers' money) and a police force numbering in the hundreds (paid for with taxpayers' money) the public is not. As Dan Dicks, from Press for Truth, explains:

If you happen to be involved with one of the 5 major media conglomerates here in Canada then you will not have a problem. But if you are a member of an independent media outlet like Press for Truth than you can expect a rigorous security check in almost any area of the city.

Plus the likely outcome of being arrested, as shown in the following two videos:

This is an example that goes towards showing the transition from positive (bull market) to negative (bear market) social mood. As deflation digs deeper and the economy deteriorates further (in Canada and around the world) there is on the one hand draconian like legislation and enforcement and on the other hand anarchy like protesting and violence.

This unedited video (viewable in full-screen HD) shows acts of vandalism and arson in Los Angeles following the NBA Finals on June 17, 2010. If you have information regarding persons seen in this video, or other acts of arson anywhere in Los Angeles, please call the LAFD Arson/Counter-Terrorism Section directly at (213) 485-6095.

If people are behaving like this when celebrating a win by a very popular basketball team then what kind of riots will we see when there is a full on depression?

April 15, 2010: "A Tea Party attendee holds up a sign to let people know how much each infant will have to pay in taxes during their lifetime Thursday on the east side of the Vigo County Courthouse [Terre Haute, Indiana]."

Elected (and non-elected) leaders around the world continue to perpetuate the unfortunate situation where children are born into debt.

In the United States, the Gross National Debt is:

For other countries, USA Today recently published data on the public debt as a percentage of select national economies:

Zimbabwe 304%
Japan 192%
Greece 108%
France 80%
Germany 77%
U.K. 69%
U.S. 58%*
Iran 19% (103)
Russia 7% (124)

(*Does not include Treasury debt held by Social Security Administration and the Federal Reserve.)

And elected (and non-elected) leaders around the world continue to perpetuate the unfortunate situation of taxing everything they can get their hands on:

- personal income tax
- self-employment tax
- corporate income tax
- capital gains tax
- city sales tax
- state income tax
- state sales tax
- gas tax
- meals tax
- hotel tax
- excise tax
- workers compensation tax
- cigarette tax
- wine and liquor tax
- motor vehicle tax
- real estate transfer tax
- and the list goes on...

All for the purpose of what? To fill posh IRS digs?

The $92 million renovations at the IRS compound in Andover will include a reflecting pool, an art gallery, indoor gardens, a 7,000-square-foot cafeteria and an amphitheater, but it remains unclear what new permanent jobs, if any, will come to the center.

Given the current feeble economic situation worldwide and the continued social mood change around the world, from optimism to pessimism, the overall situation for our future generations is not only bound to deteriorate with debt levels on the increase and more taxation on the way.

Many infamous authoritarian regimes emerged during or after big bear markets
June 15, 2010

By Elliott Wave International

Fear and uncertainty that drive a severe bear market are the same emotions which can set the stage for authoritarianism, in most any nation.

"Bear markets of sufficient size appear to bring about a desire to slaughter groups of successful people. In 1793-1794, radical Frenchmen guillotined countless members of high society. In the 1930s, Stalin slaughtered Ukrainians. In the 1940s, Nazis slaughtered Jews. In the 1970s, Communists in Cambodia and China slaughtered the affluent. In 1998, after their country's financial collapse, Indonesians went on a rampage and slaughtered Chinese merchants." - Bob Prechter, Wave Principle of Human Social Behavior, p. 270

Why do authoritarian tendencies emerge only during bear markets in stocks?

"As society becomes more fearful, many individuals yearn for the safety and order promised by strong, controlling leaders." - The Socionomist, May 2010

Bob Prechter's new science of socionomics explains that stock market fluctuations mirror trends in people's collective mood. In simple terms, when the market is buoyant, it indicates positive social mood; the opposite when a bear market takes over.

The fascinating part is that because the stock market and social mood trend closely together, a forecaster can apply Elliott wave analysis to both -- and predict both.

Generally, widespread brutalities and wars do not follow the first phase of a bear market. Extreme violence, when it does occur, often follows the worst part of the market's downturn -- like the end of the Great Depression, a negative social mood period that ultimately ushered in World War II.

But even during the first phase, a negative social mood grows. So, if a forecaster determines correctly where in the wave structure social mood resides, he can make educated forecasts about what will follow in society -- given what has happened before under similar social mood trends.

Authoritarianism is a subject of heated discussions these days, which makes it a timely topic for a socionomic study. The latest, two-part issue of the monthly Socionomist gives you just that: A look at historic trends and specific forecasts for the years ahead.

Learn How to Anticipate and Prepare for Political Conflict and War, Bull Markets and Bear Markets. The 118-page Independent Investor eBook covers a vast array of investment topics and exposes myths that mainstream investors accept as fact. Once you learn the real cause of conflict and war, you might be surprised how the stock market plays a key role in forecasting major social events. Click here to download the 118-page Independent Investor eBook for FREE.

This article was syndicated by Elliott Wave International. EWI is the world's largest market forecasting firm. Its staff of full-time analysts lead by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Consider what we're currently being told by those in charge of not only the 'economic recovery' but also the 'oil spill recovery:

Numerous politicians and oil industry officials have claimed the BP oil catastrophe growing in the Gulf of Mexico is “unprecedented.” From BP CEO Tony Hayward, who called his company’s environmental crime an “unprecedented accident,” to Admiral Thad Allen, U.S. Coast Guard, who called it an “unprecedented anomalous event,” officials and pundits have given the impression that the consequences of this catastrophe could not have been predicted. In a Congressional oversight hearing on the apocalyptic disaster on Thursday, Rep. Doc Hastings (R-WA) even argued the country should respond to this “unprecedented” event by making sure “that we continue to produce oil here in the states.”

Source: ‘Unprecedented’ Oil Catastrophe Repeats History

But here is the reality: Back in 1979 there was the "largest accidental oil spill in history, Ixtoc I." Was the Deepwater Horizon catastrophe really unprecedented? See for yourself:

So if the people in charge are lying to us about the 'unprecendented' catastrophe then are they lying to us about the economic recovery?