Mohamed El-Erian: The Fed will opt for the lesser of two evils

from FT:

Today’s world of dysfunctional politics is one that pushes central banks further away from their comfort zone and excludes the best possible responses. The resulting inconsistencies can only be resolved through a more comprehensive policy approach that deals directly with the West’s challenges of too little growth, too much debt, and too polarised a political discourse. In the meantime, central banks will have no choice but to opt for [...]

BREAKING: US warned of Embassy attack but did nothing!!

Obama is in deep shit if true!

From Independent.co.uk:

The killings of the US ambassador to Libya and three of his staff were likely to have been the result of a serious and continuing security breach, The Independent can reveal.

American officials believe the attack was planned, but Chris Stevens had been back in the country only a short while and the details of his visit to Benghazi, where he and his staff died, were [...]

Tony blair will earn around £2 million a year in his part-time role as adviser to the Wall Street bank JP Morgan without ever having to go into the office, The Daily Telegraph has learnt.

via Telegraph:

Tony blair will earn around £2 million a year in his part-time role as adviser to the Wall Street bank JP Morgan without ever having to go into the office, The Daily Telegraph has learnt.

The salary – far higher than reported so far – is proof that Mr Blair is well on course to becoming the richest former prime minister in history.

 

Last night rumours were growing that he is [...]

IT WAS PLANNED.

by JR

 

In the current world crisis (economic and political) its incredible but true origin must finally be faced or real reform will be impossible. The massive debt, the slide into welfare states and the shift to outright control of nations by international bankers is not accidental:

IT WAS PLANNED.

The Federal Reserve plan, implemented in 1913, was to use the banking system to take over the politics of the world; politics means the [...]

Interview With Ambrose Evans-Pritchard: Recovery Not Real, Crises Dead Ahead

A Look At This Week’s Show:
- Energy costs above 9% of global GDP = recession
- Financial crisis has  transitioned to social and political crisis
- Global growth will peak by May, then watch out below

About the Guest: Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, [...]

Interview with Ambrose Evans-Pritchard: Recovery Not Real, Crises Dead Ahead (McAlvany audio)

A Look At This Week’s Show:
- Energy costs above 9% of global GDP = recession
- Financial crisis has  transitioned to social and political crisis
- Global growth will peak by May, then watch out below

About the Guest: Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, [...]

The fallacy of the simple solution

The fallacy of the simple solution

Andrea Rossi stands in the 1 MW plant on October 6, 2011 Photo courtesy Focus.it

On October 28th, Andrea Rossi started a very public (if constrained) test of his 1MW cold fusion reactor, the e-Cat. The test was designed to demonstrate that the e-Cat could produce significant energy for some time based on a small initial input, thanks to a nickel-based catalyst. Although the test was public, the details were [...]

The Democratics don’t stand a chance of keeping control of Congress or winning in 2012.

I had read at least two stories claiming Obama is not running like a second termer, or that he was already planning to be an ex-president. And another opinion that he would pull an LBJ.

This, if true, confirms the detached nature of the Obama WH.

( Ted Rall posted this cartoon recently, the De-Evolution of Democratic presidents

http://imgsrv.gocomics.com/dim/?fh=98e0cd4274a2216db9f412e3a48a7481&w=750.0)

Enjoy the toon and article. Worth the full read.

http://newsflavor.com/politics/world-politics/white-house-insider-what-t…

White House Insider: What The [...]