Gonzalo Lira BusinessInsider.com Sep. 13, 2010 Right now, we are in the middle of deflation. The Global Depression we are experiencing has squeezed both aggregate demand levels and aggregate asset prices as never before. Since the credit crunch of September 2008, the U.S. and world economies have been slowly circling the deflationary drain. To... »
Archive for September 13th, 2010
Politicians Get Away with Systematic Theft by Fostering Fiscal Euphemisms
By: Robert Murphy Market Oracle Sep 13, 2010 One of the ways politicians get away with systematic theft is by fostering euphemisms to describe their activities. Murray Rothbard pointed out some of the typical tricks. More recently, even the supposedly “right-of-center” economists Greg Mankiw and Martin Feldstein do their part to muddy the terminological... »
Big Sis Iris Scanners: The Prison Without Bars
Americans will be forced to prove they are well-behaved serfs to be able to do anything. Paul Joseph Watson Prison Planet.com Monday, September 13, 2010 The Department of Homeland Security is set to begin trials of iris scanning technology in October, but don’t believe for a second that Big Sis’ latest assault on the... »
Up To 67% Of Phoenix Homes Are Underwater
by Tyler Durden ZeroHedge.com 09/13/2010 Jay Butler, head of Realty Studies at ASU, was interviewed by ABC15 in Arizona saying that the number of underwater homes in Phoenix may be as high as 66-67%. This means a complete bloodbath for housing prices is still just beyond the horizon, not to mention that the true... »
John Hussman: The Recent “Good” Jobs Reports Have Been Among The Worst Ever Recorded
Joe Weisenthal BusinessInsider.com Sep. 13, 2010 First off, John Hussman is still bearish. Okay, now that we’ve gotten that out of the way, his latest weekly letter takes a look at some of the supposedly “good” jobs data we’ve gotten lately — both on the monthly jobs number, and with the weekly initial claims... »
“Disappeared” Spilled Gulf Oil Discovered, Found Residing On Bottom Of GOM
by Tyler Durden ZeroHedge.com 09/13/2010 In recent weeks the administration has been fanfaring the tremendous success of discovering far less spilled oil in the GoM than one would expect. The fallacious conclusion dervied from this “fact” by Obama’s henchmen is that the oil just went poof and disappeared, with even the president going spelunking... »
Wall Street’s Mercenaries Ride Donkeys
by David Swanson Global Research September 13, 2010 Robert Scheer’s new book “The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street,” is not yet another account of how we got robbed or “why the economy imploded for dummies.” If you’re like me, you just didn’t need... »
ALERT: BP COMPLETELY REMOVES 13 FEEDS FROM WEBSITE– Only four ROVs remain online, with just one streaming video
FloridaOilSpillLaw.com September 13th, 2010 Remaining live feeds from the Gulf of Mexico ROVs, BP.com, September 13, 2010 at 12:00 p.m. EDT: The rest…HERE Share on Facebook »
Counselors going door-to-door in Gulf county offering “immediate” help — “We’re losing ground” says local health official
FloridaOilSpillLaw.com September 13th, 2010 Baldwin County mental health counselors to make house calls, describe oil spill services, Press-Register, September 13, 2010: M]ental health counselors concerned about lingering effects from the Gulf spill will be going door-to-door in Baldwin County within the next few weeks… and even provide immediate counseling if needed, according to Robin... »
15 Shocking Poverty Statistics That Are Skyrocketing As The American Middle Class Continues To Be Slowly Wiped Out
The Economic Collapse The “America” that so many of us have taken for granted for so many decades is literally disintegrating right in front of our eyes. Most Americans are still operating under the delusion that the United States will always be “the wealthiest nation” in the world and that our economy will always... »