Workbook PDF at: https://dl.dropbox.com/u/32961642/EconomicCollapseWorkbook.pdfPart Six Topics:Credit Default Swaps ContinuedRepos and Reverse ReposWhy are These Exotic Products Being Traded So Widely?Review of 90 Day T-Bill Rates 2007-2012
Archive for the ‘guantitative easing’ Category
Otherwise known as dumbing down the populace in order to enable politicrats to feed on them while encouraging their ignorance. A few more years of this and they will be eligible for the Occupy Movement. (The latest incarnation of the Hitler Jugend.)
Whatcha wanna bet they can recite all sorts of Malthusian-Luddite fables and fantasies about DDT, anthropogenic global warming, overpopulation, wind power, solar power and peak oil? Of course they won’t be able to tell you who T. R. Malthus or Ned Ludd were or about their actual disproved theories, the successors of which are are the Watermelons’ (Green on the outside Red on the inside) political platform aspiring to lead to an Animal Farm/Bolshevik revolution leading to their desired three class society. (Did you know Bolshevik means “Majority”, which they weren’t? Seems that the Occupy Movement, who aren’t the 99% are taking a page from Lenin’s playbook, nyet?)
The three classes obviously desired
1. Those who rule government
2. Those who work for government
3. Peasants that live off the “benevolence” of government
Can be explained by the views on Hayek’s Road to Serfdom
TEA Party: A warning
Cocktail Party*: Nothing to see here, move along.
Dhimmi Party: A roadmap**
*I used to call these the establishmentarian Rethuglicans, but this has come into more common usage and means the same group (the rethuglicaans that spend like dhimmis in order to keep getting invited to the DC cocktail parties) I’ll go with the new term.
**I think the Cloward-Pivens plan took that approach
The full book is avaialble at Amazon, Barnes and Noble, and Kobo.com
You might also want to check out Daniel Hannan’s The New Road to Serfsom, A Letter of Warning to American
With the economy sliding deeper into a recession, panelists discuss whether it’s time to stop throwing our money into a massive pit out in the desert.
It would actually help if they did burn it instead of burning through it.. Not to worry, though. The Fed can create much more with just a few keystrokes. And of course the Treasury’s printing presses are running overtime. With enough inflation our debt will disappear, just ask Zimbabwe. They replaced the Rhodesian Dollar (which had a 1:1 exchange rate with US dollars in the mid ’70s, I know, I was there) on a one to one basis in 1980. When they finally got out of the money printing business they were printing Z$100 Trillion bills. On 8 November 2008 one of those bills was “officially” worth $147.50. Note that our debt is all in US dollars, does that give you any ideas? Can we /should we inflate our way out of debt? By the way, now in Zimbabwe they use a “basket of currencies” (sound familiar?) that includes the US dollar, South African Rand, Botswana Pula and the Pound Sterling. I wonder what our “basket” will consist of?
Courtesy of Onion News Network
Are economic reporters so mentally challenged that they wake up to a new world every morning? Or is there a new JournoList stylebook? Or simply lame rat-bastard leftist propaganda?