Archive for August 25th, 2010

THE TRUE NATIONAL DEBT

Wednesday, August 25th, 2010

By Jim Quinn TheBurningPlatform.com 24th August 2010 When I read Paul Krugman and the other Keynesian boneheads saying that our debt is not a problem, they quote figures about our debt of $13.3 trillion versus our GDP of $14.6 trillion not being so bad. That is only 91% of GDP. They point to World... »

Posted in Economics, Government Evil | No Comments »

Forget Obama’s planned withdrawal, U.S. troops will have to stay in Afghanistan for years says top Marine commander

Wednesday, August 25th, 2010

By Mail Foreign Service DailyMailUK Afghanistan will not be secure enough for American forces to leave for a number of years, a top U.S. Marines commander has claimed. The assessment of the war’s progress by Commandant General James Conway will make bleak reading for Barack Obama, who planned a withdrawal due to start in... »

Posted in Government Evil, War Without End | No Comments »

Why Isn’t Bernanke Having a Nervous Breakdown?

Wednesday, August 25th, 2010

EconomicPolicyJournal.com The short answer is that he is too delusional. WSJ has a detailed report about the inner thinking of various Fed members, here. Bottom line: The deliberating body of the Federal Reserve doesn’t have a clue. It does not appear most of the members understand how Bernanke’s new “tools” work. It does not... »

Posted in Economics, Government Evil | No Comments »

A Funny Thing Happened on My Way to the Apocalypse

Wednesday, August 25th, 2010

by Thomas Luongo LewRockwell.com Well, you torture yourself with what’s behind you Torture yourself with what awaits you, Dragging that guilt everywhere inside you Anxious of the goals that always elude you Your mind will find a way to be unkind to you somehow But all we really have is happening to us right... »

Posted in End Times | 1 Comment »

Hey, Got a License To Grow That Food?

Wednesday, August 25th, 2010

The War on Food: Eggsactly What Is Going On Here? by Mac Slavo LewRockwell.com Reading this week’s headlines about the egg salmonella crisis may leave one with the impression that we need more government control and we need it now. The feeling one is left with after listening to mainstream pundits and FDA commissioner... »

Posted in Food Wars | 1 Comment »

Small Business CEOs Reveal Why They’re Not Hiring: Economic Contraction, Obama, And Healthcare

Wednesday, August 25th, 2010

Mike “Mish” Shedlock BusinessInsider.com Aug. 24, 2010 In response to Small Businesses are Not Hiring – Should They? I received a couple emails worth sharing. The CEO of a healthcare consulting company writes …. Hello Mish You ran a series of articles on small businesses, hiring and expansions. I thought I would add to... »

Posted in Economics, Government Evil | No Comments »

Rosenberg’s Advice For Living In A Japanese-Style Economy: Get Small

Wednesday, August 25th, 2010

by Tyler Durden ZeroHedge.com 08/24/2010 David’s daily musings are as usual a treat, although we are very confused by how his call, that we are in a derpression, made a splash on CNBC – after all the man has been saying this for months now. Or is CNBC not allowed to utter the dreaded... »

Posted in Economics | No Comments »

Illinois Teachers’ Retirement System Enters The Death Spiral: AIG Wannabe’s Go-For-Broke Strategy Fails As Pension Fund Begins Liquidations

Wednesday, August 25th, 2010

by Tyler Durden ZeroHedge.com 08/24/2010 Two few months ago we disclosed how the Illinois Teachers’ Retirement System (TRS) was doing all it can to become the next AIG. In addition to, or maybe precisely due to, its deplorable fundamental condition, which can be summarized as being 61% underfunded on its $33.7 billion in assets,... »

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

Shrimpers on Opening Day: “We caught 12 shrimp”, “Nothing at all” — “Generations of shrimping … DONE”

Wednesday, August 25th, 2010

FloridaOilSpillLaw.com August 24th, 2010 When reporter Dahr Jamail left the docks of Fouchon, Louisiana on August 16, the first day of the ‘reopening’ of shrimp season, he encountered shrimpers returning home. Jamail reports: Just after leaving the boat launch, we pass a shrimper coming back in. “How did you do out there?” Craig [a... »

Posted in Earth Changes, Oil | 1 Comment »

Top Florida Oceanographer says it may take DECADES “for all of this stuff to eventually come to the SURFACE”– “Could be an ongoing PLAGUE”

Wednesday, August 25th, 2010

FloridaOilSpillLaw.com August 24th, 2010 The News Observer (Raleigh. NC) reported about “a realistic time frame for a true cleanup.” Chairman and professor in the Rosenstiel School’s Division of Applied Marine Physics at the University of Miami, Hans Graber, says, “That even after all the surface ‘skimmers’ are gone, ‘It’s probably a fair guess to... »

Posted in Earth Changes, Oil | No Comments »