Tuesday, February 24, 2009
Saturday, February 14, 2009
Monday, February 9, 2009
Bank(st)ers are lucky We have no guillotines in stock
Source: Bring back the guillotine... for bankers (This is Money.co.uk)
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The crass behaviour of Britain's financial aristocracy rivals the last of the Bourbons. Marie Antoinette famously patronised the Parisian mob with her 'let them eat cake', while dining in luxury in the Tuileries.The City bankers who ruined their banks but have been kept in employment by the taxpayer now demand we pay them their bonuses to maintain the aristocratic lifestyle to which they have become accustomed. They know no shame and take no blame. They are lucky the British have no guillotines in stock......
The academic economists are silent... this is a silence of unindicted co-conspirators
Source: LewRockwell.com
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...They say nothing, except when they say it is a good idea, because it is necessary, because we have got to save the banks, because we have got to regulate the economy, and, most of all, because the unhampered free market system really does not work. This is what we are getting from people who have generally been known as free market economists. They are lining up as cheerleaders as the banks go to the Federal trough.
The Federal deficit soars into astronomical regions, and the monetary base soars just as fast, yet the academic economists are silent. This is not the silence of the lambs; this is a silence of unindicted co-conspirators, most of whom teach in tax-supported universities and spend their careers writing unreadable articles in unread academic journals in order to get tenure, so that the taxpayers can never fire them.
These people are apologists for the State. Most of them have been on a public payroll all of their lives. These are the people who, in the name of conservative free-market principles, are supposed to stand in the gap to warn us that the ship of state is going over the falls.Don't hold your breath.
...
Friday, February 6, 2009
Paper Money...
Source: Goldseek.com
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“Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money...”
http://news.goldseek.com/GoldSeek/1219039500.php
Sunday, February 1, 2009
Pigs, can't fly - But they sure do try (!)
Pigs (economics)
PIGS is a xenophobic acronym used by some journalists in finance and economy to refer the four main countries of southern Europe: Portugal, Italy, Greece, and Spain.[1] These are Eurozone countries that have had mixed economic perfomances in the last few years, and therefore the acronym seems just a case of bad taste that aims to pass as witty and smart. [2] These countries suffer from large current account deficits and high unemployment. But little more can be said to put them together, besides their location in the Mediterranean and rich cultural heritage, which do not fit with the derogatory term[3] The Economy of Ireland is sometimes added as an additional "I."[4]
Banker + gangster = bankster
Urban dictionary:
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bankster
1. bankster Noun
A portmanteau or blend word derived from combining "banker" and "gangster." Usually referred to in the plural form "banksters" to refer to a predatory element within the financial services industry, such as those offering "too good to be true" adjustable mortgage rates for home buyers"The banksters just foreclosed on my mom's Mcmansion, and now she's living in her SUV."
The Greatest Depression in History
Source: Economicrot blog
Gerald Celente (link), the world's #1 Trends forecaster states that we're moving into the Greatest Depression in history - starting in 2009!
If you're running short on time and can only listen to one of the two below - I suggest you select part 2.
Part 1
Part 2
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