Archive for the ‘BREAKING NEWS!’ Category

The Times

Wednesday, July 1st, 2009

Long, long ago, doing our best for others meant bringing ourselves into the streets, where the political machine could not touch us.  Those days of yore entailed missiles in October, a place called Vietnam, a precarious risk for defenders of the status quo and outright danger for those who challenged it. ...

Citi Cover Up

Thursday, June 25th, 2009

Citigroup share holders and taxpayers alike thought the Citigroup blood bath would never end. Even as the bank celebrates its first profit in five consecutive quarters, the bleeding hasn't subsided. The bank's fiscal first quarter 2009 $1.6B profit is the result of a concerted public relations effort spun with accounting tricks ...

Don Bernanke

Thursday, June 25th, 2009

My favorite movie of all time is The Godfather, but I actually don't care one bit for the gangster violence. Rather, I love the film for the metaphor it draws. What a strange coincidence that there were five brothers of Rothschild and five families (Mafia) of New York. The Federal ...

But Only On Sunday

Wednesday, June 24th, 2009

Information is the lifeblood of Liberty, both financial and political. The media are the gatekeepers to the info-flow, so it is no wonder that wars are fought with false justifications and false flag attacks. The corporate grip on the main stream media is powerful and pervasive. For proof, one need look ...

Kiss Yours Goodbye

Monday, June 22nd, 2009

I didn't feel this threatened when the unPATRIOTic Act was passed, and certainly no other act of man or law could be so treasonous. No other act by public servant or personal friend could be such betrayal. And as Ron Paul nurses legislation to audit the Fed through the obstacle ...

No Inflation, Wanna Bet?

Wednesday, June 17th, 2009

As the inflation-deflation debate rages, I have noticed several different definitions of inflation at play. Lacking disclosure as to who is using which, you can prove almost anything you want. Case in point: Mish uses a definition that rests on what the big shots are doing in the credit markets: Inflation ...

Krugman’s Debt Trap

Tuesday, June 16th, 2009

Keynesian economics was developed to provide academic cover to a theory so blatantly flawed as to render it defenseless under any ordinary attack of sound logic. But surrounded since it's inception by layers of PhD s and volumes of Fed speak, until recently no one dare see through the emperors ...

Mish Misses It

Wednesday, June 10th, 2009

The problem with listening to mainstay economic blogger "Mike Mish Shedlock" make his deflation argument isn't that he doesn't know what he's talking about -- it's that you don't. To most of us "Joe six packs," inflation means a six pack costs more and deflation means it costs less, we ...

Bernanke’s Deficit

Wednesday, June 3rd, 2009

On the face of it, you might be persuaded that Ron Paul had finally sunk some sense into Ben Bernanke, as the Fed's chief speaker said today that the United States needs to develop a plan to restore fiscal balance. I actually believe Bernanke was sincere when he said "plan to restore fiscal ...

Krugman, Cramer and Hitmen Coming

Wednesday, June 3rd, 2009

No truer testament to the power of creating money out of thin air exists than the way that sanction, single and singular, has taken the classes of the inept and clueless and transformed them into rulers of us all. Presently, on the cusp of economic collapse, the parasitic elite reach ...