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Jim Grant – “Capitalism Is An Alternative To What We Have Now”

“Today, twenty-somethings are desperate for an economy that does something besides sit there and slumber.” CNBC -MUST WATCH; under nine minutes. ?video=3000077329


Youth Of America: How Do You Like Your “Change”?

Youth Of America: How Do You Like Your “Change”?

Repeat after me: “Do you want fries with that, sir?” I think what Obama really said was “I hope you can learn to count change.” The job rate among 18-24 year-olds is the worst level since 1948; only 54% have a job. Plus, wages are down for youth workers while they have risen marginally for [...]


Well, Now We Know What It Was All About, Anyway

Well, Now We Know What It Was All About, Anyway

They’re finally figuring it out. The Greek “bailout” deal, the terms of which seem ever-changing, includes “austerity” for the masses, but also includes this gem: From the New York Times, regarding Greece: Ms. Katseli, an economist who was labor minister in the government of George Papandreou until she left in a cabinet reshuffle last June, [...]


Gas Prices Rising: Why, Again?

Gas Prices Rising: Why, Again?

In a prominent article in yesterday’s Richmond Times Dispatch (front page, above the fold), the paper reported that gasoline prices could reach $4 per gallon by June. The article went on and on about middle east tensions, “risk premium,” “the Iran factor” and so on. Interestingly, the word “demand,” as in “gasoline demand,” appears only [...]


Taxpayers To Pay Cost Of Mortgage Settlement

Taxpayers To Pay Cost Of Mortgage Settlement

The Attorneys General of the states agreed to a “landmark” deal to “settle” mortgage fraud committed by major banks. In the “settlement,” the banks agree to pay $40Billion. Financial Times is now reporting that (account required to read the full article), in a little-known and unreported aspect of that deal, up to $35 Billion of [...]


The Federal Reserve Is Bailing Out Europe With Your Money

The Federal Reserve Is Bailing Out Europe With Your Money

…as I assured you they would. Just wanted you to know.


Debt Limit – Three Minutes


Financial Oligarch’s Playbook

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

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 [...]