Corruption
Should We Kill The Politicians Before They Kill Us?
Submitted by 4closureFraud on 04/27/2012 15:56 -0500When they see you as a chicken breast, you know your vote matters little and your life even less.
News That Matters
Submitted by thetrader on 04/26/2012 05:02 -0500- AIG
- Apple
- Bond
- Borrowing Costs
- Brazil
- BRICs
- China
- Consumer Confidence
- Consumer Prices
- Consumer Sentiment
- Corruption
- Creditors
- Crude
- Dow Jones Industrial Average
- European Central Bank
- European Union
- Eurozone
- Federal Reserve
- fixed
- General Motors
- Germany
- Greece
- Gross Domestic Product
- headlines
- Hungary
- India
- International Monetary Fund
- Iran
- Italy
- Japan
- Kazakhstan
- LTRO
- Monetary Policy
- Morgan Stanley
- Netherlands
- New Zealand
- Newspaper
- Nicolas Sarkozy
- Nikkei
- Nuclear Power
- Portugal
- Rating Agency
- ratings
- Real estate
- Recession
- recovery
- TARP
- Timothy Geithner
- Ukraine
- Unemployment
- World Bank
All you need to read and more.
Bubbles
Submitted by Vitaliy Katsenelson on 04/25/2012 17:48 -0500I have to confess, I am tired of writing "structured" articles, the ones where I have to limit my thoughts to 800 words. So with this one I am taking a break. This is an unstructured stream of thought, in no particular sequence.
Flashback from 1975: “The NSA's Capability ... Could Enable It To Impose Total Tyranny, And There Would Be No Way To Fight Back
Submitted by George Washington on 04/22/2012 12:09 -0500Senator Frank Church's Prophetic Warning in 1975
“Drachma Clauses”: Planning for Greece’s Exit from the Eurozone
Submitted by testosteronepit on 04/21/2012 22:40 -0500“Solidarity of the union has its limits,” said even soft-spoken Jens Weidmann, President of the Bundesbank
Pentagon Smears USA Today Reporters Investigating … Wait for It … Illegal Pentagon Propaganda
Submitted by George Washington on 04/20/2012 13:17 -0500Government Smears Journalists Who Investigate Government Corruption
Guest Post: Why The Left Misunderstands Income Inequality
Submitted by Tyler Durden on 04/20/2012 11:23 -0500The political left misunderstands the causes of income inequality —confused by the belief that government can somehow challenge the corporate and financial power it created in the first place — and thus proposes politically unrealistic (non-) solutions, particularly campaign finance reform, and raising taxes on the rich and corporations. Yes, the left are well-intentioned. Yes, they identify many of the right problems. But how can government effectively regulate or challenge the power of the financial sector, megabanks and large corporations, when government is almost invariably composed of the favourite sons of those organisations? How can anyone seriously expect a beneficiary of the oligopolies — whether it’s Obama, McCain, Romney, Bush, Gore, Kerry, or any of the establishment Washingtonian crowd — to not favour their donors, and their personal and familial interests? How can we not expect them to favour the system that they emerged through, and which favoured them? In reality, the system of corporatism that created the income inequality will inevitably degenerate of its own accord. The only question is when…
Michael Hudson: Debt: The Politics and Economics of Restructuring
Submitted by ilene on 04/18/2012 17:33 -0500Post-illusion choices.
The Pain in Spain is too Big to be Contained
Submitted by ilene on 04/15/2012 15:23 -0500Better stock up on the Depends now.
Another Russian Chartered, German Ship Intercepted Delivering Weapons To Syria
Submitted by Tyler Durden on 04/14/2012 20:23 -0500Two months ago we explained very diligently, why courtesy of the strategic Russian Naval base in Tartus, Syria, the Russian regime will never, repeat never, let the Syrian government be replaced by various insurgent forces (very much like in other parts of MENA, which now are suffering from an absolute political vacuum and even greater corruption in the aftermath of the Arabian Spring). Subsequently there were various reports of Russian troops arriving in Tartus, both confirmed and denied by Russia, which were promptly forgotten: after all distractions from other, far greater problems can not become too repetitive or else the general audience will habituate. But all that was a month ago, and attention spans these days are short, so it is time to once again escalate, and sure enough yesterday the AP reported that Obama has approved an aid package to the Syrian rebels. Naturally, since this whole theater is all about severing strategic Russian national interests in the Mediterranean, and thus, into the Suez, Arabian Gulf, and ultimately Persian Gulf, German Spiegel reports of the immediate tat to America's tit (not to be confused with the Colombian legal prostitution tit, where it now appears whoregate is about to become a national pastime courtesy of upcoming congressional hearings involving the 12 men from Obama's staff who were Secretly Serviced on taxpayer dimes), as apparently yet another Russian-chartered, German ship has been intercepted carrying military equipment and munitions into Syria.
A Greek Impossibility
Submitted by testosteronepit on 04/12/2012 19:10 -0500The 2 Millions Missing Jobs. Without them, nothing will work.
America: A Government Out Of Control
Submitted by Tyler Durden on 04/08/2012 11:44 -0500
Something odd and not quite as planned happened as America grew from its "City on a Hill" origins, on its way to becoming the world's superpower: government grew. A lot. In fact, the government, which by definition does not create any wealth but merely reallocates it based on the whims of a select few, has transformed from a virtually invisible bystander in the economy, to the largest single employer, and a spending behemoth whose annual cash needs alone are nearly $4 trillion a year, and where tax revenues no longer cover even half the outflows. One can debate why this happened until one is blue in the face: the allures of encroaching central planning, the law of large numbers, and the corollary of corruption, inefficiency and greed, cheap credit, the transition to a welfare nanny state as America's population grew older, sicker and lazier, you name it. The reality is that the reasons for government's growth do not matter as much as realizing where we are, and deciding what has to be done: will America's central planners be afforded ever more power to decide the fates of not only America's population, but that of the world, or will the people reclaim the ideals that the founders of this once great country had when they set off on an experiment, which is now failing with every passing year?
Greece: Even Corruption Is In A Deep Recession
Submitted by testosteronepit on 04/05/2012 18:05 -0500Bribes for surgery.
Guest Post: America: The List
Submitted by Tyler Durden on 04/04/2012 11:49 -0500Let's get it all out there. America's dirty laundry that is. Our family secrets. The skeletons in the closet. The goal is to create a list of the many and numerous ways in which our country is deluding itself into believing we are the greatest, smartest, most innovative, freedom loving country that ever was. Don't get me wrong, I'm not some unpatriotic ne'er do well. I love what the Founding Fathers of our country set out to accomplish, faults and all. I love it so much, I was willing to put my life on the line for this country by serving in a US Marine Corps special forces unit for 8 years (your move armchair patriot). But we have drifted so far from the original concepts, I believe our current central planning apparatus more closely resembles the USSR than what most people think is the USA. So I'm going to kick this list off but in no way do I intend this to be exhaustive.
The QE 3 is Coming Score: Graham Summers, 8 vs. 99% of Analysts, 0
Submitted by Phoenix Capital Research on 04/03/2012 15:09 -0500Folks, QE 3 is not coming. Not without a Crisis first. End of story. The last time the Fed hit “print” with QE 2 put food prices at all time records and kicked off revolutions and riots around the globe. Today, gas is already at $4, food prices aren’t too far off their highs… do you REALLY think the Fed will kick off more QE in this environment… during an election year? At a time when the Fed is becoming a hot topic in the election?










