What Other Alternatives Exist For Getting Off Of Fiat Money?
by Smitty Ron Paul on money sounds so lucid: You know your current course is financially suicidal. Those who say otherwise are the ones who are culpable for the current mess. So, if not Ron Paul’s ideas, and not the status quo, then what? via Tyler Durden
MONDAY DOOM WATCH: Europe Circling the Economic Drain
Four headlines from Drudge: Britain draws up emergency plans for collapse of Euro … IMF drafting $800 billion bailout plan for Italy, Spain … REPORT: FRANCE, GERMANY PREPARE TO TAKE DRASTIC MEASURES … NYT: Time runs short … Remember, these are sophisticated Europeans. Liberals have always wanted America to be more like sophisticated Europe, where […]
CBO: Stimulus Cost More, Did Less
Recovery bummer: After nearly all the stimulus money has been spent, the Congressional Budget Office now admits it cost more than advertised, did less to boost growth and will hurt the economy in the long run. In its latest quarterly report on the economic effects of the Obama stimulus, the CBO sharply lowered its “worst […]
#Occupy Black Friday?
“Meet a genuine American folk hero cut from the homespun cloth of America’s heartland: Sam Walton, who parlayed a single dime store in a hardscrabble cotton town into Wal-Mart, the largest retailer in the world.” — cover blurb for Sam Walton: Made in America Among the many things we should be thankful for this Thanksgiving, […]
The Economy: How Bad Does It Suck?
The Dow Jones Industrial Average lost 236.17 points Wednesday, closing at 11,257.5. Since Nov. 11, the Dow has lost 896.13 points (7.4%), and the forecast is ominous: Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone’s debt crisis, coupled with weak Chinese factory data, further dented investor sentiment. […]
Obama Flunks History, Mischaracterizes Herbert Hoover’s Economic Policy
Ed Driscoll called this to my attention: “This competition for new jobs and businesses and middle-class security, that’s the race I know we can win. But you don’t win it by saying every American is on their own. We’re not going to win it if we just hand out more tax cuts to people who […]
Who Believes The Numbers Anymore?
by Smitty The L.A. Times: The U.S. economy grew more slowly than previously thought in the three months ending Oct. 31, the Bureau of Economic Analysis said, revising the nation’s third-quarter gross domestic product downward to growth of 2% from its previous estimate of 2.5%. Has there been a quarter in recent memory where the […]
Mika’s Not the Scariest Brzezinski
When I previously explained that Mika Brzezinski is smarter than you, a commenter called to my attention a video clip from Oct. 17. It’s of Mika’s father, Zbiginew Brzezinski, former national security adviser to Jimmy Carter, in an appearance on Morning Joe: Visit msnbc.com for breaking news, world news, and news about the economy “You […]
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