Archive for January 6th, 2011

By: Rick Ackerman GoldSeek.com Thursday, 6 January 2011 (Cam Fitzgerald posted the following essay in the Rick’s Picks forum, but I am presenting it as a guest commentary because it discusses the all-too-real implications of America’s economic crisis so bluntly. Many of you, even the pessimists, will be troubled by this grim jeremiad, and... »

FinanceAndEconomics.org Between 1716 and 1720, John Law tried to rescue the French government from bankruptcy with a scheme that came to be called “The Mississippi Bubble”. His strategy was to set up two entities: a bank whose purpose was to issue paper money, and a company whose primary but undeclared function was to refinance... »

EndOfTheAmericanDream.com Congratulations America, you are now 14 trillion dollars in debt. The U.S. national debt is now more than 14 times larger than it was just 30 short years ago. The federal government is literally drowning in debt. Now some members of Congress are actually debating whether we should raise the debt ceiling again.... »

By William Pfaff Truthdig.com Is it a case of murder, or has the Western economy deliberately, if unwittingly, attempted suicide and nearly succeeded? John Maynard Keynes was not just talking about defunct economists when he wrote that the world is commonly ruled by dead ideas, its leaders the slaves of the past. He said,... »

By CHRYSTIA FREELAND The Atlantic F. Scott Fitzgerald was right when he declared the rich different from you and me. But today’s super-rich are also different from yesterday’s: more hardworking and meritocratic, but less connected to the nations that granted them opportunity – and the countrymen they are leaving ever further behind. IF YOU... »

by Gary North LewRockwell.com I am working with a young man who turned 18 in December. You know what he got for his birthday? A B.A. degree from an accredited college. His parents paid for tuition: under $15,000. The college awarded him his degree for work performed. He did the whole thing at home.... »

Where We’re Headed… by Eric Peters LewRockwell.com I have a feeling that Refusenik types like me will be the next crop to be harvested. (The first being overt “threats” to the government.) Everything’s already in place; the circle is closing. Soon it will be impossible to pretend we still live in an even semi-free... »

Doug Casey: Prepare for Social Upheaval Interviewed by Louis James LewRockwell.com L: Tatich, I’m in Minsk, where I just recorded/participated in an illegal march through the city. Opposition supporters rallied… there has been some violence… I hear they’ve broken into a government building, but I have not been able to confirm that yet. Editor’s... »

By Chuck Baldwin January 6, 2011 NewsWithViews.com A bedrock principle of Natural Law (the Law upon which Western Civilization rests) is the primacy of truth. Without a desire for, and appreciation of, truth, society cannot sustain itself. Lies, deceit, duplicity, etc., are more than moral evils; they are the bane of freedom and liberty.... »

By Coach Dave Daubenmire January 6, 2011 NewsWithViews.com “Because thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked: -Rev. 3:17 The story you are about to hear is true. Only the names have been... »