“Eventually, you have either huge changes occurring in a peaceful fashion through reforms, or, usually, through revolutions,” he said. The U.S. is getting closer to such a revolution, he said, as is Europe.
“I think the timeframe would be within five to ten years you have a colossal mess … everywhere in the Western world,” Faber said. “I think the deficit here (in the U.S.) — irrespective of who is in [...]
July 2, 2012
I won a bet today.
A few weeks ago I wagered with a coworker that the United States Supreme Court would uphold the Affordable Care Act otherwise known as Obamacare. He reasoned that the federal government has no authority under the Constitution to force an individual to purchase a product from a private company. My reasoning was much simpler. Because the Supreme Court is a functioning arm of [...]
From Miller’s Genuine Draft:
I won a bet today.
A few weeks ago, I wagered with a coworker that the United States Supreme Court would uphold the Affordable Care Act, otherwise known as Obamacare. He reasoned that the federal government has no authority under the Constitution to force an individual to purchase a product from a private company. My reasoning was much simpler.
Because the Supreme Court is a functioning arm of the [...]
Their professional tone and actions are what is consistent with what I would want to see in successful ventures. This is an area Andrea Rossi has a ways to go, who in my personal interactions, do reflect a sincere, well meaning person. Time will tell for both him and Defkalion.
If their device(s) performs as they indicate, they shouldn’t have any problems with money! The networks and interested companies [...]
Video Rebel’s Blog
February 13, 2012
There are 72 Threat Fusion Centers. 50 state based and 22 urban centers set up during the Bush presidency in cooperation between the Department of Homeland Security and the Department of Justice. They collect information from all 16 US intelligence agencies, the CIA, FBI, the military, state and local police agencies and privately owned corporations and organizations like the ADL and SPLC which some say should [...]
Black Swans And Complexity
Submitted by Jim Lewis
Nassim Taleb is wrong about the financial crisis and black swans.
The ongoing financial crisis is not the result of a perplexing phenomenon of complexity. It is the beginning of a train wreck we have seen for decades. We are not wandering into a surprise or horrified by the dark specter of a Black Swan rearing its long tailed head; this macro crisis appeared on [...]
November 15, 2011
He called it the “The Fascist States of America” and thrilled patriots everywhere when he promised, “I will never stand for a national anthem again. I will turn my back and I will raise a fist” after “a U.S. District Judge dismissed [his] lawsuit against full-body scanners at airports” on a technicality.
In that suit, “Governor Jesse Ventura, a/k/a James G. Janos … [sought] a declaration that the [...]
Since Hurricane Katrina’s winds died down, Ray Nagin has cast his role as mayor of New Orleans as a me-against-the-world struggle to save his hometown against inept government officials and racist forces, sometimes even laying out vague conspiracy theories to bolster his worldview.
But that perspective has never been laid out as starkly as in Nagin’s self-published memoir, “Katrina’s Secrets: Storms After the Storm,” released Wednesday.
by Charles Hugh Smith from Of Two Minds
Travesty of a Mockery of a Sham, Phase II
The facsimile of U.S. “growth” now depends entirely on Central State manipulation and stimulus of risk trades and financial slight-of-hand.
The U.S. economy has become increasingly dependent on asset bubbles, financial legerdemain, credit expansion, Federal borrowing and the manipulation of risk trades to maintain the illusion of “growth.” Compared to [...]
The Federal Reserve is not a governmental agency and neither the Congress nor the President have one iota of control over its day-to-day operations. The chilling truth is that the Federal Reserve, America’s central bank, is simply one component of an interlocking, international banking cartel that now controls the wealth of this planet. The ownership of the largest blocks of bank voting stock [...]
“President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid “massive layoffs of teachers, police and firefighters” and to support the still-fragile economic recoveryÃ¢â‚¬Â (Ã‚Â¶ 1).
This is the same scapegoat the statesÃ¢â‚¬â„¢ use for all deficits, cuts, and layoffs are in the same sentence: teachers, police, and firefighters (The big three). These people [...]