Archive for August 18th, 2010

Malaysian Province Moves To Gold And Silver-Based Currency In “Main Islamic Event Of The Last 100 Years”

Wednesday, August 18th, 2010

by Tyler Durden ZeroHedge.com More world governments are “just saying no” to the ponzi. Last week, the Malaysian government of Kelantan “said it was introducing a new monetary system featuring standardised gold and silver coins based on the traditional dinar and dirham coins once used by the Ottoman Empire.” And as everyone who has... »

Posted in Economics, World Politics | No Comments »

Debt Virus Spreads During Make-Believe Recovery

Wednesday, August 18th, 2010

by Matthew Lynn Bloomberg.com The euro area is growing again. The banking system has survived its stress tests. The Greeks have implemented their first austerity measures with some success. The fevered predictions of the early summer that the euro was doomed, and that Europe’s sovereign-debt crisis would rip through countries such as Spain and... »

Posted in Civil Unrest, Economics, Government Evil | No Comments »

DC Politicians Beware: Voters Want the Employment Crisis Fixed –If You Mess with Social Security or Deficits, You’re Toast

Wednesday, August 18th, 2010

By Joshua Holland AlterNet.org A new survey finds a huge majority of Americans are in agreement about our biggest problem. Obama and the Dems better listen up. Even while the politicians and pundits keep telling us that the federal deficit is a huge and pressing problem, a new public opinion survey finds that a... »

Posted in Civil Unrest, Economics, Government Evil | No Comments »

China Doubles Korea Bond Holdings as Asia Switches From Dollar

Wednesday, August 18th, 2010

By Frances Yoon Bloomberg.com Aug 17, 2010 China more than doubled South Korean debt holdings this year, spurring the notes’ longest rally in more than three years, as policy makers shifted part of the world’s largest foreign-exchange reserves out of dollars. Korean Treasury bonds held by Chinese investors rose 111 percent to 3.99 trillion... »

Posted in Economics, World Politics | No Comments »

China Drains Obama Stimulus Meant for U.S. Economy: Andy Xie

Wednesday, August 18th, 2010

By Andy Xie Bloomberg.com Aug 17, 2010 The global economy is like fried ice cream: If you don’t act fast, it turns into a mess. American pundits, Nobel laureates included, are predicting Japan-style deflation for the U.S. and Europe. They are urging the Federal Reserve to pursue another round of quantitative easing to stop... »

Posted in Economics, World Politics | No Comments »

What should we do about national debt, and when?

Wednesday, August 18th, 2010

By Kevin G. Hall and Robert A. Rankin McClatchyDC.com WASHINGTON — The national debt is rising to levels that have never been seen in the United States during peacetime. Everyone agrees that it must come down. The question is how fast. Too fast could weaken the already weak economy. Too slow could do the... »

Posted in Economics, Government Evil | No Comments »

Overthrowing the Liars

Wednesday, August 18th, 2010

They Can’t Cage a Song by Eric Margolis LewRockwell.com George Orwell wrote, “If liberty means anything at all, it means the right to tell people what they do not want to hear.” A true journalist’s job is to expose government wrongdoing and propaganda, skewer hypocrites and liars, and speak for those with no voice.... »

Posted in Government Evil | No Comments »

Of Motes, Beams, and Holy Wars

Wednesday, August 18th, 2010

by William Norman Grigg LewRockwell.com In his Memorial and Remonstrance Against Religious Assessments, James Madison famously denounced the proposal that Virginians – or, for that matter, Americans anywhere else – be compelled to pay so much as “three pence” to support the establishment of religion. A lawsuit filed in late 2008 by the Thomas... »

Posted in Corruption, Government Evil | No Comments »

The Worst-Case Scenario

Wednesday, August 18th, 2010

by Egon von Greyerz – Matterhorn Asset Management EconomicPolicyJournal.com No, there will be no double... »

Posted in Civil Unrest, Civil War II, Economics | No Comments »

CHALLENGES ARISE AS THE PEOPLE FIND THEIR POWER

Wednesday, August 18th, 2010

By J.B. Williams August 18, 2010 NewsWithViews.com Like most Americans today, frustrated by the daily D.C. assault on everything I believe in, I often wonder how much difference I can really make and if I wouldn’t be better off to just go fishing with my kids and wait for the fireworks to begin, once... »

Posted in Civil War II | No Comments »

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