Financial Oligarch’s Playbook
Step 1: Armageddon! In a speech in Washington Berlin, Treasury Secretary Paulson Lagarde warned that the US world economy was on the brink of tanks in the streets a “defining moment”, adding: It is not about saving any one country or region. It is about saving the world from a downward economic spiral. How is [...]
Mitt Romney: Things That Might Interest You
From David Codrea at Gun Rights Examiner: ”A document found online by BuzzFeed appears to be John McCain’s entire, 200-page opposition research file – or ‘book’- on Mitt Romney from 2008, the year they were bitter rivals.” Andrew Kaczynski, BuzzFeed SECOND AMENDMENT ISSUES In 1994 Senate Race, Romney Backed Brady Bill And Assault [...]
Top Campaign Contributors: M. Romney vs R. Paul.
From Zerohedge (source: Opensecrets.org): Romney’s top campaign contributors: Directly from Opensecrets.org: Ron Paul’s top campaign contributors (for some reason I can’t copy a similar image to the one above): US Army $24,503 US Air Force $23,335 US Navy $17,432 Mason Capital Management $14,000 Microsoft Corp $13,398 Boeing Co $10,620 Google Inc $10,390 Overland Sheepskin [...]
Federal Reserve Ready To Transfer Housing Losses Back To The Taxpayers
Reuters: (Reuters) – The U.S. government-run mortgage finance firms Fannie Mae and Freddie Mac could play a bigger role in turning around the battered U.S. housing market, the Federal Reserve told Congress, a call that looks set to run into stiff political opposition. The Fed, in a paper sent to lawmakers on Wednesday, outlined an [...]
A $Trillion And A Half In Deficits, And All I Got Was This Lousy Stock Market
If you watch bubblevision financial news, you might think that the stock market has been great this year. After all, the government deficit-spenders and Federal Reserve money-printers have been very busy trying desperately to prop up their phony baloney managed economy so that we all “keep believing.” On these pages, we have repeatedly and sincerely [...]
Blood from a Stone
The RTD recently ran a series of articles about the status of the state employee pension system in Virginia. I thought the attempts at reassurance were very humorous, right along with the justification for the high salaries. Public employees: Your futures are being stolen by this crisis, just like everyone else’s. There is no future [...]
Goodnight, Irene
Bloomberg (props yet again to Zerohedge); China makes a major move clearing the way for dropping the use of USD in international trade: Japan and China will promote direct trading of the yen and yuan without using dollars and will encourage the development of a market for companies involved in the exchanges, the Japanese government [...]
Megan Greene: “It’s Very Difficult To Draw A Line Under This Eurozone Crisis”
20 minutes. This is an excellent, mostly plain-language description of the failing paradigm that confronts the EU. If you listen carefully, close your eyes and substitute “the United States” for “the Eurozone,” you will hear a description of exactly what is headed our way. The interviewer, Michael Hewson, at 1:30: “We’ve had numerous EU (for [...]
Americans’ Expectations Of Privacy, And Being Murdered By The Executive Branch
Mr. Turley also has something to say about “red state / blue state chumps,” which we have also ranted about here multiple times: “trapped in the left-right paradigm.”
