Archive for September 24th, 2010

The DailyBail.com Keynesian Alan Greenspan Gets Religion, Issues Warning To Obama & Congress: “The Stimulus Failed! Stop Spending!” Another Keynesian has come around from the dark side. How long until Krugman, Delong, & Romer admit the multi-trillion dollar error of their ways. Never. They are political economists, trolls really, and they are focused on... »

By Wayne Jett ClassicalCapital.com In all Alan Greenspan’s years chairing the Federal Reserve (1987-2006), “the Maestro” played only the Phillips Curve Symphony: destroy jobs to fight inflation. Now Greenspan has composed an equally dismal refrain: raise tax rates to reduce deficits. At least this service to the dominant elite is slightly less unseemly, now... »

By Rocky Vega The DailyReckoning.com Michael Hirsh, author of Capital Offense: How Washington’s Wise Men Turned America’s Future Over to Wall Street, recently appeared on Morning Joe to talk about Wall Street’s pre-crisis, decades-long encroach upon Washington that would eventually end in financial crisis. In his estimation, the gradual takeover was about 30 years... »

By Dr. Jeffrey Lewis GoldSeek.com Corporate insiders are flocking out of their own companies, selling $290 in stock for every $1 they buy in S&P 500 firms. With outflows of more than $439 million dollars in equities by corporate insiders and inflows in the billions flowing into precious metals ETFs and securities, would it... »

by Thomas E. Woods, Jr LewRockwell.com According to Slate editor-in-chief Jacob Weisberg, a specter is haunting America: the specter of anarchism. Not real anarchism – that’s Weisberg’s emotional hypochondria at work – but merely a growing skepticism of authority. This won’t do at all. Americans were born to be ruled by people and ideas... »

by Shawn Ritenour LewRockwell.com Ben Bernanke and the Federal Reserve are at it again. The most recent policy statement by the Federal Open Market Committee (FOMC) said that current inflation is “somewhat below” levels consistent with stable prices, and that it is “prepared to provide additional accommodation if needed to support the economic recovery... »

by Jeffrey A. Tucker LewRockwell.com This speech was given at the Mises Circle, Colorado Springs, Colorado, September 18, 2010. Ah, for the days when the socialists believed in material progress! That is no longer the case. Now they propose poverty and advocate government regulations to bring it about – and expect us to be... »

By Cliff Kincaid September 24, 2010 NewsWithViews.com The “peace director” of the October 2 “One Nation Working Together” rally says that the U.S. should immediately withdraw from Iraq and Afghanistan, military aid to Israel should be ended, and that Iran has the right to develop nuclear weapons as long as the U.S. has them.... »

By Michael LeMieux September 24, 2010 NewsWithViews.com America is more than a country is the opening line in this 21 page “pledge to America” which, to me, smacked more of political rhetoric than heart felt promise. I will not repost the entire script here, you can read it at the link above, but I... »