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“The Last Picture Show”: President Barack Obama’s Fiscal Year 2009 and 2010 Budgets
If the banks can create trillions of dollars in credit out of thin air for lending, why can’t the government create it for the people? Read about introducing $2.5 trillion of debt-free money into the economy (via the Cook Plan). Pretty radical suggestions here. But they make sense to me.
It's Confirmed: No One Will be Rescuing Your Dollars
10/05/09 Stockholm, Sweden Even with the US dollar's deterioration over the past six months, the G7 has decided to let it continue to fall.\n\nForbes reports today that the G7 "abandons the dollar." This is despite problems, such as economic instability, that a weakening dollar can cause central bankers around the world.\n\nFrom the US perspective, there are some benefits associated with a weaker dollar, in terms of increased exports and the possibility of inflating away the massive debt the government is building up so quickly.
US Faces Retro 70s Inflation | CNBC.com
"The true inflation rate in America? It's certainly at least 6 or 7 percent, the US government lies about it, as you know, everybody who shops knows that prices are up, everybody except the US government. Rogers repeated his view that the Fed's quantitative easing program is "debasing the currency" and said he was "extremely worried" about the fate of the dollar over the long term. Asia is the region where investors should go, as countries in that region have strong reserves while once-strong economies such as the US and the UK are now in debt, he said.
Revolution? Or The Realization Of Orwell's Vision? | The Smirking Chimp
"The government, and the politicians who pretend to represent ordinary Americans, are a wholly owned and operated subsidiary of the corporate state. "
Corporations, as they endlessly scheme for complete control over the planet’s finite resources, will order the planet’s social order into whatever structure is necessary to insure corporate dominance over the individual. Orwell recognized the corporate entities driven ambition to abolish represenative government in favor of corporate oligarchy.
For anyone who isn’t blind it’s easy to recognize that representative democracy in the U.S. has been cast aside
Should any Iraq lessons be applied to Iran?
The claims about Iran raise more questions than they answer. Virtually none is being asked by America's media.
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The Idiots Who Rule America | Truthdig
Our oligarchic class is incompetent at governing, managing the economy, coping with natural disasters, educating our young, handling foreign affairs, providing basic services like health care and safeguarding individual rights. That it is still in power, and will remain in power after this election, is a testament to our inability to separate illusion from reality. We still believe in “the experts.” They still believe in themselves.
The Quiet Coup | America's Unpleasant Truth: "We're an Oligarchy, Not a Democracy"
The finance industry has effectively captured the U.S. government-a state of affairs that more typically describes emerging markets...Recovery will fail unless we break the financial oligarchy that's blocking essential reform. ~ The Atlantic, May 2008
Media Shocked That Progressives Are Not Helping Obama, After He Says He Plans To Betray Them
FedViewer.com | Graphic Mapping of U.S. Economy (1919 - Current)
Graphic representation of approx. 700 factors + sectors in the U.S. economy, measured on a monthly basis, going back to 1919. Data is from U.S. Federal Reserve, now open thanks to Pres. Obama's "Open Data Initiative." FedViewer remixes data w/ contextual landmark events, giving a comprehensive display of economic data, without interpretation, in the most accessible visual formats possible.
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