David Stockman Explains Capitalism
...in ten minutes, on the Dylan Ratigan show. I will leave you to wonder about what to name the economic system that we have now, because it ain't capitalism. Click on link => Video
Asset-Stripping: Already Underway, Using Your Money
In the first "Asset-Stripping" post I explained how fractional reserve banking worked by using "leverage." I outlined how this money could be lent by banks to investors and used to buy public assets like public roads. The investors would then charge tolls on them, the tolls payable to the "private" investors who now own the [...]
Senate Republicans Offer Amendment to Stop $108 Billion Bailout to Foreign Countries
Kudos to these Senators for finding a way to preserve hard-earned taxpayer money: "U.S. Senators Jim DeMint (R-South Carolina), Orrin Hatch (R-Utah), David Vitter (R-Louisiana) and John Cornyn (R-Texas) today offered an amendment to the Economic Development Revitalization Act to roll back the International Monetary Fund’s (IMF) ability to use $108 billion in taxpayer dollars [...]
Jim Rogers: “Somebody Better Be Getting Prepared…
"...even if it's just the viewers of your network." http://www.youtube.com/watch?v=Wgfcl5arHPQ&feature=player_embedded#at=32
Asset-Stripping: A Term To Remember
The principle purpose of banking is asset-stripping. What is asset-stripping? The best way to understand it is this: financial terrorism. It's really very simple, very insidious, very effective, and it wears a suit. First, it's important to understand the main operational aspect of banking: counterfeiting. Ooops, did I say counterfeiting? I mean "Fractional Reserve Banking." [...]
An Open Letter To The Republican Party: The Line In The Sand
By Jamie Jacoby No more beating around the bush. I don't work for you, you work for me. Got it? Do you want my vote in November 2012? Here are my terms: 1. If you nominate retread insider George Allen to be the Virginia senate candidate, I won't be voting R 2. If you raise [...]
Simple Arithmetic Is A Terrible Thing To Waste
"Can We Please Stop Pretending the GDP Is Growing"? Through the miracle of simple arithmetic, Charles Hugh Smith is able to bring you this analysis of federal spending and the American GDP that I guarantee you won't see in any Federal Reserve publication or on any business or national news program: The Federal government borrowed [...]
Fourth Generation Warfare: Life in The Battlespace
Tactics matter. Ineffective tactics must be quickly abandoned for more sophisticated ones as the means to implement them become available. First Generation Warfare (1GW) is characterized by massed troops standing in line formation firing muskets at each other. 2GW emphasized firepower, especially artillery, immobilizing the enemy, simply stated using the French maxim: "Artillery conquers, infantry [...]
They Hate Us For Our Freedom
And they're taking it from us, bit by bit. But who are "they"? Often I am asked whether I think the economic and political destruction of this thing we call "America" is merely a consequence of various unrelated actions, or if I think it is a course of deliberate actions set upon by people who [...]
Magnificent
99 more like this one. http://www.youtube.com/watch?v=zr939QII_Dc&feature=player_embedded Nevadans: what the hell is wrong with you?
Former Reagan Treasury Assistant Secretary Paul Craig Roberts
Thirteen minutes; this is the second half of an interview with Max Keiser. Please watch and understand. http://www.youtube.com/watch?v=sX7M3w02Bfw&feature=player_embedded#at=751
Are You Driving A Government Motors (GM) Vehicle?
You might not know about this: GM sponsors and celebrates soon to be released Chi-Com propaganda film In late 2010, General Motors agreed to sponsor a propaganda film celebrating the 90th anniversary of the Chinese Communist Party (CCP). The CCP made film titled (translated to English) “The Birth of a Party” or “The Great Achievement [...]