From David Stockmans Contra Corner Our point yesterday was that the Fed and its Wall Street fellow travelers are about to get mugged by the oncoming battering rams of global deflation and domestic recession. When the bust comes, these foolish Keynesian proponents of everything is awesome will be caught like deer in the headlights. That’s because they view the world …
Category: US Economy
Jun 24
Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Central Bankers’ Debt Prison?
Greece, Europe and the world are being crucified on a cross of Keynesian central banking. The latter’s two-decade long deluge of money printing and ZIRP has generated a fantastic worldwide financial bubble, and one which has accrued to just a tiny slice of mankind. That much is blindingly evident, but there’s more and it’s worse. The present replay of high noon on Greece’s impossible mountain …
Jun 03
Rule By The Corporations — Paul Craig Roberts
Paul Craig Roberts The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. “Free trade” is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages. The first …
May 27
NEO-FEUDAL USA: THE DEATH OF DEMOCRACY
In neo-feudal America, the financial aristocracy and political elite are judged under a different set of laws By Gerald Celente Neither a conspiracy nor conjecture: By every quantitative measure, 21st century America has degenerated from being the beacon of democracy to a neo-feudal state. From crime and punishment to the vast wealth and income-inequality gap, …
May 25
Ron Paul: The Case For Truly ‘Free’ Trade
Submitted by Ron Paul via The Mises Institute, With recent DC politicking on both the Export-Import Bank and the Trans-Pacific Partnership, we revisit Ron Paul’s 1981 essay “The Case for Free Trade” which explains the basics of truly free trade: Although we think of ourselves as a free-trading nation, it takes more than 700 pages …
May 19
What Law Says the Text of the TPP Must Remain Secret?
It seems like a case of mass hypnosis. People claiming they can’t say what’s in the TPP trade agreement. And mainstream media accept this premise. “That’s right. Congress must stay silent.” Pop quiz: who says the text of the TPP must remain secret? Under what authority? Members of Congress are scuttling around like weasels, claiming …
May 18
TPP: The dirtiest deal you’ve never heard of
“The Dirtiest Deal You’ve Never Heard Of”: Obama’s “free trade” agreement will impact every aspect of your life. Here’s why… Crony Capitalism at its Most Fascist: While senators are having trouble making sense of it, corporate interests are passing it around like a Youtube video on Facebook… Big Agriculture’s Big Power Grab? The “Big Three” could end …
May 15
‘WE THE PEOPLE’ NEED TO CIRCLE THE WAGONS: THE GOVERNMENT IS ON THE WARPATH
How many Americans have actually bothered to read the Constitution? John W. Whitehead (Rutherford Institute) “The government is merely a servant―merely a temporary servant; it cannot be its prerogative to determine what is right and what is wrong, and decide who is a patriot and who isn’t. Its function is to obey orders, not originate …
May 07
TPP Treaty May Not Have the Votes to Pass
The Trans-Pacific Partnership treaty that is being pushed by President Obama, is alarming to say the least. The free trade agreement, which would include at least a dozen nations, has been drafted in secret and largely written for the benefit of global corporations. The fact that our government could establish any treaty in secret is …
May 06
Our Financial Future: Infinite Greed Meets a Funny Thing Called Karma
All those angered by the mere question of the viability of this predatory pillaging in the name of capitalism are incapable of even admitting this cultural crisis exists. Somewhere along the line, we lost the ability to distinguish between earning a profit and maximizing private gain by any means, i.e. Infinite Greed. If you insist …
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