If the government hands out free money then people will charge more because they can. It's about that simple.
http://globaleconomicanalysis.blogspot.com/2009/10/remarkable-comparison-affordable.html
Friday, October 30, 2009
Wednesday, October 28, 2009
Tuesday, October 27, 2009
US is a failed state
Listen carefully to the words of Dr. Paul Roberts, a former Assistant Treasury Secretary. He says that the access Geithner is allowing to GS, C, and JPM is unprecedented. “America is a failed government…” He explains that the crooks are now on the inside of government and in a normal situation they reside on the outside of government. Yes, the rule of law is gone. Separate corporations and their money from state!
http://economicedge.blogspot.com/2009/10/dr-paul-craig-roberts-with-max-keiser.html
http://economicedge.blogspot.com/2009/10/dr-paul-craig-roberts-with-max-keiser.html
Wednesday, October 21, 2009
We are getting closer to the end
Scariest part of the link below is how fast and deep overall credit is cratering. The recovery is a farce. The economy is not being "fixed" the problems (including widescale corruption) are being covered up. I still believe the health care reform is nothing more than a distraction from the much, much bigger issue of the economy. People who are out of a job want a job, not health care reform. The cover-up will end in tears, eventually.
http://economicedge.blogspot.com/2009/10/math-manifests-itself-in-charts.html
http://economicedge.blogspot.com/2009/10/math-manifests-itself-in-charts.html
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