U.S. DATA ON GROWTH EXTREMELY UNRELIABLE It is false that it has a kind
By Karl Weiss
An article in the Financial Times Deutschland (FTD) ironically sarkastischer way in the publication of the U.S. government, in the second quarter of 2008 had a growth rate of gross national product (exactly: Gross National Product, GNP) of 3.3%. The title of the article spottet on the investors: "They still want to believe" and the other is tough figures shows: The U.S. economy is already in crisis, (...)
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U.S. DATA ON GROWTH EXTREMELY UNRELIABLE
3 September 2008 par (Open-Publishing)
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’America’s Outrageous War Economy!’
1 September 2008 par (Open-Publishing)
’America’s Outrageous War Economy!’ Pentagon can’t find $2.3 trillion, wasting trillions on ’national defense’
By Paul B. Farrell, MarketWatch Last update: 7:27 p.m. EDT Aug. 18, 2008
ARROYO GRANDE, Calif. (MarketWatch) — Yes, America’s economy is a war economy. Not a "manufacturing" economy. Not an "agricultural" economy. Nor a "service" economy. Not even a "consumer" economy. Seriously, I looked into your eyes, America, saw deep into your soul. So let’s get honest and officially call (...) -
Prices to double in the next 7 years based on the predicted rate of inflation
1 September 2008 par (Open-Publishing)
Recently I’ve come across a few articles discussing the effects of inflation on the global economy. Many countries are facing rapidly rising prices: Canada, Philippines, Thailand, China, India, Turkey, Israel, South Africa, Russia, Holland, Iceland, Argentina, Venezuela, the United States, and many more.
“Double-digit price rises are about to afflict two-thirds of the world’s population … So it is worrying that global monetary policy is now at its loosest since the 1970s: (...) -
Deal with the credit crisis at the Local level
11 August 2008 par (Open-Publishing)
With the trouble that around 75% of Americans are in bad credit, maybe its time to encourage local legislation to deal with this. In Philadelphia, when the forclosure process begins they require both partys to come to a settlement that the debtor can afford. Simply rewrite the laws at the local level and ban forclosures. the local municipalities will keep on getting the local taxes this way
If this were enacted it would at least keep us from having neighbouthood values decrease (...) -
William Greider Raps Predatory Usury Schemes
4 August 2008 par (Open-Publishing)
“Usurers” were placed in the “Seventh Circle of Hell” along with Blasphemers and Sodomites. - Dante’s “Inferno”
On July 18, 2008, popular author and reporter William Greider, an expert on the shenanigans of Wall Street, “The Fed” and the Stock Market, gave an interview to PBS’s Bill Moyers on an array of topics that have literally brought the U.S. economy to its knees. (1) On the broadcast, he referred to the predatory lending practices, which have led to the notorious “Housing Bubble.” (...) -
Catch 23
22 July 2008 par (Open-Publishing)
1 commentBy David Glenn Cox
Probably the most profound statement made by a US President in the last fifty years was “It all depends on what your definition of is, is.” We no longer have Presidents who make profound statements, they would be lost over the heads of the masses and so the old axiom kicks in: If you can’t dazzle them with brilliance, baffle them with bullshit.
Fox News claims the recent drop in oil prices is due to President Bush lifting the executive order banning coastal drilling. (...) -
The Fall of a once Great Nation
18 July 2008 par (Open-Publishing)
3 comments"I used to rule the world, sea’s would rise when I gave the word
Now I sweep alone, sweep the streets I used to own" -Viva La Vida by Coldplay.
The US can relate to that. Its only a matter of months till the economy has a total meltdown, The Wallstreet Journal shows this in its articles everyday. There is still hope yet. -
The End Of History - The End Point and The End Game
2 July 2008 par (Open-Publishing)
1 commentWith the fall of the Soviet Union it was widely believed that we had witness the end of history, the end of the historical war between democracy and Marxism. But with the rise of communist China, we are again faced with the historical question: who will be left standing at the end of history?
This time around it looks like the final battle. And the news from the front isn’t good. Communist China, simply by opening its trade door to the world’s capitalists has pretty much captured the (...) -
Global stock market analysis from 2003 to 2008 in US dollars and Euros: Update on the collapse of the US
21 June 2008 par (Open-Publishing)
3 commentsIntroduction: A few years ago I had the opportunity to do research into certain conspiracy theories, once I came to terms with what I was finding, I began to look at the consequences of what was happening.
The first place I looked was the financial markets. After doing some number-crunching the trends became clear. That’s when I contacted friends and family and began my long and bittersweet campaign of warning them about the pending economic collapse of the United States. Some listened, (...) -
The Great Oil Swindle
2 June 2008 par (Open-Publishing)
The Great Oil Swindle
Mike Whitney – Pacific Free Press May 30, 2008
The Commodity Futures and Trading Commission (CFTC) is investigating trading in oil futures to determine whether the surge in prices to record levels is the result of manipulation or fraud. They might want to take a look at wheat, rice and corn futures while they’re at it. The whole thing is a hoax cooked up by the investment banks and hedge funds who are trying to dig their way out of the trillion dollar (...)