By: Bob Chapman Market Oracle Nov 03, 2010 The UK, Europe, the US and Canada are different degrees of welfare states. By way of regulation, government controls via taxation. The states and their inhabitants send taxes to Washington, which takes its cut and sends funds back to the states with strings attached. You either... »
Archive for November 3rd, 2010
Global Monetary System in Crisis, Currency War Is Leading to Trade War
Academic Economists are the Unholy Priests of the Bankster’s
Gabriel Donohoe Market Oracle Nov 03, 2010 “Political Economists,” according to Stephen Zarlenga in The Lost Science Of Money, “became the priesthood of the new Bank aristocracy, often serving as a propaganda apparatus to whitewash the monetary power structure. They put forward false ideas and smoke screens on the nature of money, primitive concepts... »
GM Files 500 Page Paperweight-cum-Prospectus, Hopes To Sell $10 Billion In Stock To Hapless Lemmings
by Tyler Durden ZeroHedge.com 11/03/2010 GM has filed its IPO prospectus. At 276 pages, 240 F-pages, and 53-A pages, it is just slightly shorter than the entire text of healthcare reform. And since the fate of ponzi crony capitalism rest on the successful pricing of this dogshit, every single underwriter in the world (20... »
Federal Reserve Policy IS Working … Just Not For America
by George Washington ZeroHedge.com 11/03/2010 Richard W. Fisher, president of the Fed bank of Dallas, said last month: In my darkest moments I have begun to wonder if the monetary accommodation we have already engineered might even be working in the wrong places. Far too many of the large corporations I survey that are... »
MSNBC Statists Fearmonger About Rand Paul Causing “Worldwide Depression”
MSNBC Nov 3, 2010 MSNBC statists, including Olbermann and Maddow, are noticeably crestfallen at Rand Paul’s victory, yet despite the election being over they continue to relentlessly attack him, this time by fearmongering about his views on lowering the US debt and ludicrously threatening that Rand Paul alone could cause a “worldwide depression” and... »
The Impotence of Elections…(A Must Read)
Paul Craig Roberts Infowars.com November 3, 2010 In his historical novel, The Leopard, Giuseppe di Lampedusa writes that things have to change in order to remain the same. That is what happened in the US congressional elections on November 2. Jobs offshoring, which began on a large scale with the collapse of the Soviet... »
DeMint: Establishment Will Try To Buy Off Tea Party Candidates
Jim DeMint Wall Street Journal Wednesday, November 3, 2010 Congratulations to all the tea party-backed candidates who overcame a determined, partisan opposition to win their elections. The next campaign begins today. Because you must now overcome determined party insiders if this nation is going to be spared from fiscal disaster. Many of the people... »
Did Harry Reid Steal Nevada?
5 point margin of victory highly suspicious given pre-election polls showing Angle ahead, combined with reports of vote-flipping on machines controlled by Reid’s son and serviced by corrupt pro-Reid union Paul Joseph Watson & Alex Jones Prison Planet.com Wednesday, November 3, 2010 A serious investigation into potential vote fraud needs to be launched immediately... »
Tea Party victories show seismic shift in US politics
Marco Rubio and Rand Paul’s triumphs confirm movement’s coming of age, despite embarrassing defeats elsewhere Ed Pilkington GuardianUK Wednesday 3 November,2010 ‘We’ve come to take our government back,’ says Tea Party favourite Rand Paul after beating Democrat Jack Conway in the race for a Kentucky Senate seat Link to this video The Tea Party... »
Unemployment Benefits Are About To Expire For 4 Million Americans…American Austerity Begins
Business Insider.com Nov. 3, 2010 You may have heard before about how there was a coming wave of unemployed Americans who would all lose their extended unemployment benefits en masse. Well, it’s finally happening, as shown by Monday’s personal income data for September, which fell 0.1% rather than rose. Much more is to come.... »