Extreme Heat/Drought In Russia, Flooding In Asia, Killing Cold in South America All Connected To BP Oil Disaster By The Earl of Stirling Rense.com 9-2-10 Our planet is experiencing a real life version of the movie “The Day After Tomorrow” right now. Record breaking heat (up to 39-40C or 100-104F in Moscow) and drought... »
Archive for September 2nd, 2010
Why Lessons From The First Great Depression Mean The Next Four Months Will Be Very Painful For Stockholders
by Tyler Durden ZeroHedge.com 09/02/2010 Scott Minerd, CIO of Guggenheim Partners, parses through the years of the Great Depression, and focuses on the pivotal 1936, which contained in it the seeds for the destruction of the period of relative economic growth and stability from 1932 to 1936, and resulted in a plunge in the... »
Government Economic Leaders Surprised that Real World Isn’t Responding to their Magic Pixie Dust
by George Washington ZeroHedge.com 09/02/2010 → Washington’s Blog Fed chief Ben Bernanke told the financial crisis inquiry commission today: If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved *** Too-big-to-fail financial institutions were both a source … of the crisis and among the primary impediments to policymakers’... »
The State’s “Inception” Fails, Massive unemployment and failing industries are the reality.
By: LewRockwell Market Oracle Sep 02, 2010 Two years ago, the economy was seriously dragged down amidst an amazing banking crisis that spread throughout the world. The illusion created by loose credit — that housing could go up in price forever and we could enjoy permanent prosperity due to monetary expansion — was shattered... »
Pervasive Political Rot Ensures Economic Death Spiral
By: Rick Ackerman GoldSeek.com Thursday, 2 September 2010 [Alan Geik, whose razor-edged essays on our sordid political culture have gained him a loyal following at popular web sites, has been a lifelong student of frauds and scams, and so writing about this Era of Bailouts comes naturally to him. In the essay below (which... »
Obama’s Department of Justice Puts Out Master Patriot Hit-list
Kurt Nimmo Infowars.com The Department of Justice has fired a salvo in the war against patriotic Americans supporting the Constitution and the Bill of Rights. The DOJ has issued Investigating Terrorism and Criminal Extremism –Terms and Concepts, a 120-page propaganda addendum described as “a glossary designed primarily as a tool for criminal justice professionals... »
Obama Needs Your 401(k) to Balance His Budget
BY BOB ADELMAN TheNewAmerican.com The Obama administration is “taking the first steps to confiscate retirement dollars,” according to Dr. Jerome Corsi who predicts that the end result will be retirees with 401(k) plans holding near-worthless government debt “that will be paid off in a devalued currency worth … pennies on the dollar.” The move... »
Greedy, Self-Serving, Arrogant, Malfeasant Monsters
Rounding Up the Culprits of Rising Prices by Richard Daughty LewRockwell.com From Bloomberg.com we get the bad news that “Bank of England Governor Mervyn King said inflation is likely to exceed the UK government’s upper 3% limit in coming months as higher sales taxes drive gains in consumer prices,” which “rose 3.1% in July... »
The Persistence of Red-State Fascism
by Anthony Gregory LewRockwell.com It is natural for libertarians to identify more with the side out of power. In a democratic system, those not wielding government force are, categorically, less guilty of crimes against individual liberty. Their rhetoric tends to be much better. An appeal to constitutionalism, founding principles or balanced budgets is much... »
Reagan: No Revolution
by Jacob H. Huebert LewRockwell.com The popular perception is that Ronald Reagan ushered in a “revolution” in government – an essentially libertarian one, in which the federal government was no longer viewed as the solution to problems, but was viewed as itself a problem. This revolution was even seen as outlasting Reagan, reflected in... »