Why do liberals even bother fighting anything in the legislature? All they have to do is wait for Republicans to pass laws, and Republican...
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Featured - Monday, October 28, 2013
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October 28,
2013
Doing more of what
failed spectacularly will not save the day a second time, as the scale
required to create yet more phantom collateral and more asset bubbles will
collapse the system.
The financial
storm clouds are gathering, ominously darkening the
horizon.Though the financial media and
the organs of state propaganda continue forecasting blue skies of recovery
and rising corporate profits, the factual evidence belies this rosy
forecast: internal measures of financial and economic activity are
weakening across the globe as the state-central bank solutions to all
ills–massive increases in credit creation, leverage and deficit
spending–have failed to address any of the structural causes of the 2008
Global Financial Meltdown.
This failure to
address the causes of 2008 Global Financial Meltdown is disastrous in and
of itself–but
the status quo has magnified the coming disaster by scaling up the
very causes of the 2008 Global Financial Meltdown: excessive credit
expansion, misallocation of capital on a grand scale, an opaque shadow
banking system constructed of excessive leverage and a dependence on
phantom collateral, i.e. risks and assets that are systemically mispriced
to skim stupendous profits for financiers, bankers and their political
enablers.
This is what I
have called doing more of what has failed
spectacularly.
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Posted: 28 Oct 2013 01:06 PM PDT
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Posted: 28 Oct 2013 12:32 PM PDT
By:
Susan Knowles Gulag Bound This article is written as a follow up to an
article I recently wrote called “The Thinning of the Military Herd?” A
reader of that article brought it to my attention that there had also
been a number of other firings in the military under Obama. I began
conducting... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Fellow Conservatives: Sometimes you lose the battle, but win the war. That's exactly what could happen in our effort to stop Obamacare. Conservatives led an epic fight against Obamacare funding that highlighted the problems with this terrible law. Thanks to your support, SCF purchased $3 million in advertising explaining how it was unaffordable, unworkable, and unfair. Even though U.S. Senator Mitch McConnell (R-KY) and the Republican establishment sabotaged the effort to defund Obamacare, we successfully elevated the issue right as the Obamacare train wreck was about to occur. |
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The Cruz-ing, Lee-ing and Palin-ing of Ken Cuccinelli Well folks, how does it feel to be called stupid, crazy, extremist, racist and terrorist for standing firm for values and principles which most Americans have held and continue to hold dear? Such are the rantings coming from liberal media and Washington elites about the Tea Party. Read More |
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By Judi McLeod (Bio and Archives) Monday, October 28, 2013 Comments at bottom of page | Print friendly | Subscribe | Email Us |
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Monday DigestTHE FOUNDATION"National defense is one of the cardinal duties of a statesman." --John AdamsNATIONAL SECURITY'60 Minutes' on Benghazi
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Dear Patriots,
The
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movement. He is doubling down on his promise to fundamentally transform
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partial government shutdown should have been an eye opener for
everyone. Are you eyes open or are they still closed?
The fight for freedom is not
an easy one. It requires commitment, dedication, and resources to battle
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