Subscription Options:

Subscribe via RSS

Eric Holder: Some Banks Are So Large That It Is Difficult For Us To Prosecute Them

zerohedge.com
March 6, 2013

While it is widely assumed that the too-big-to-fail banks in the US (and elsewhere) are beyond the criminal justice system – based on simple empirical fact – when the Attorney General of the United States openly admits to the fact that he is “concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them,”since, “it will have a [...]

Czech President Warns The End Of Democracy Is Imminent

Former ECB Chief Economist Says ECB Is In Panic

Zero Hedge
Sunday, September 23, 2012

If anyone thought the bad blood between Germany and the rest of the insolvent proletariat, aka the part of the Eurozone which is out of money (most of it), and which has been now confirmed will be supporting Obama (one wonders what the quid for that particular quo is, although we are certain we will find out as soon as [...]

Former ECB Chief Economist Says ECB Is In Panic, As Czech President Warns The End Of Democracy Is Imminent

Zerohedge

If anyone thought the bad blood between Germany and the rest of the insolvent proletariat, aka the part of the Eurozone which is out of money (most of it), and which has been now confirmed will be supporting Obama (one wonders what the quid for that particular quo is, although we are certain we will find out as soon as December), complete collapse of the Greek neo-vassal state of the globalist agenda [...]

In the Age of Scarcity, the Lunatic Fringe Come Out to Play…

 Texas Goes ‘Marxist’

Pop on over and have a read at this interesting statement featured on Treehugger from the Texas State legislature. I feature it because it is a fascinating window into where the American mind is headed:

Texas Republicans Attack Agenda 21, Smart Growth, Sustainable Development and All of Europe*

This is not unique to Texas by a long shot, Tennessee passed an almost identical statement, and many red states are following suit. Even in [...]

How Public Schools Keep Your Child a Prisoner of the State

Karen De Coster
LewRockwell.com
January 31, 2012

Public education, in its current state, is based on the idea that government is the “parent” best equipped to provide children with the values and wisdom required to grow into intelligent, functional adults. To echo what former first lady Hillary Clinton professed, these public school champions believe “it takes a village” to cultivate a society of competent human beings.

As Hebrew University historian Martin van Crevald points [...]

MICHELLE SPORTS $2K SUN DRESS

Noted economist Michelle Obama has a better vacation wardobe than you do
2011-12-27

Merry Christmas everyone! I hope you’re having a lovely vacation. Because I’m not actually on vacation. Unless you consider drinking coconut coffee from the Keurig while I work in my office a vacation. Because I don’t. At any rate, I saved the US taxpayers nearly $4 million by not being First Lady and flying off for a 17-day vacation [...]

Video clip on income inequality

http://news.yahoo.com/remake-america/

Note the comments on inflationism – (gas costs $600 a month, milk is $5 a gallon, car payment $500 a month, college tuition as indicated above…. – why are these so expensive? Why our are earnings getting stretched less and less as these people in the video indicate?

Here is a quote from an economist liberals worship – Keynes, who the uber liberal, Krugman, strongly endorses.

“Lenin is said to have declared [...]

Video clip on income inequality:

http://news.yahoo.com/remake-america/

Note the comments on inflationism – (gas costs $600 a month, milk is $5 a gallon, car payment $500 a month, college tuition as indicated above…. – why are these so expensive? Why our are earnings getting stretched less and less as these people in the video indicate?

Here is a quote from an economist liberals worship – Keynes, who the uber liberal, Krugman, strongly endorses.

“Lenin is said to have declared [...]

“A Walk In The Park” – A High Level Banker’s Take On #OccupyWallStreet… And Other Musings

By Russ Certo, head of rates at Gleacher

A Walk In The Park

The life of man upon earth is a warfare…   Job 7:1

Let them call me rebel and welcome, I feel no concern from it; but I should suffer the misery of devils, were I to make a whore of my soul          Thomas Paine

Be not deceived.  Revolutions do not go backward.       Abe Lincoln, May 19, 1856

We will either [...]

Everything who think that the Bernank & The Ink Jets are going to save the day this time should move to Egypt, close to Da Nile River.

You’ll be much more comfortable baking in the sun, delusional.

I have breaking news for you: Neither The Bernank, nor any other central bankster, has ever “saved the day;” they merely postponed the day of reckoning, which they simultaneously made that much worse, by that old fractional reserve voodoo of conjuring fiatski from thin air and then loaning out to see it leveraged many times over.

The only [...]

Bill Gross Starts Q4 With A Cold Shower: “Forget Double Digit Returns – Bonds, Stocks And Real Estate Are Overvalued”

by ZH

Everyone hoping that the last quarter of the year would start on an optimistic note was disappointed following not just the continuation of last week’s manipulations now that hedge funds have their marching orders from their LPs, who are certainly seeking to redeem tens if not hundreds of billions in capital, but also from Bill Gross’ monthly letter who in “Six Pac(k)in’” writes that [...]

John Maynard Keynes on inflation in The Economic Consequences of the Peace (p. 235-6):

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at [...]

Marc Faber On CNBC: QE Is How The Elites Are Getting Their Revenge On Illiterate Kids Born Out Wedlock

by ZH

Marc Faber was on CNBC earlier, once again discussing things so patently obvious only the Fed can not grasp them. Namely that as long as cheap money floods the system hard assets will continue rising in value, and gold will continue surging. Which is merely part of the bigger picture: nominal prices continue rising as real prices, denominated in paper and linen, continue to decline. But have no fear: [...]

Here’s the Fed/Treasury set-up for QE2 endgame, with propaganda articles by the co-opted MSM already feeding the trade:

1) Get Bill Gross and Warren Buffett to convince Joe Six-Pack to short Treasuries:

What Bill and Warren know “When such überinvestors as Bill Gross and Warren Buffett turn  negative on Treasurys, what should we mere mortals do?…”

2)…And get CNBC to convince Joe Six-Pack to go long silver and gold:

Gold Could Gain 30% by Year-End: Fund Manager

Trade of 2011: Silver?

Stick with Silver?

Then screw them all with a Fed-engineered reversal fueled [...]

Bernanke is not copying Keynes, he is copying Lenin.

by Zebra

http://www.marxmail.org/debauch.pdf

One frequently misquoted passage from the work of John Maynard Keynes (and incorrectly attributed entirely to him) is that, “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law [...]

We have a marxist/leninist president who does not believe in the Free Market system.

by David

In his economic beliefs, the Burgousis exploits the Proletariat. one must equal the field through redistribution of wealth (by the way – this was proposed in the 30′s by a Democrat).
In fact, if you have purchased an item for the purpose of resale, you know more about the free market then President Barak Hussein Obama.

History has proven that when taxes are cut, revenue increases:
the 1921 recession was ended with [...]