www.theinternationalforecaster.com Train Wreck of the Week By Bob Chapman
March 11 2006
We are n the verge of the greatest inflationary binge in history. Our perceived wealth is the manifestation of one of the greatest misallocation of created assets and as such its existence will have profound ramifications. Our society, world society, has inflated expectations based upon financial leverage and useless credit. Our asset inflation and bubbles have created unsound distortions driven (...)
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theinternationalforecaster - Train Wreck of the Week
12 March 2006 par (Open-Publishing)
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Students and Teachers Unite for Campus Walkout in Protest of War
11 March 2006 par (Open-Publishing)
NEW BRITAIN — About a hundred Central Connecticut State University students participated in a walkout Thursday, in protest of federal cuts in student aid and inflation of the military budget. The "M9 Walkout," organized by the Progressive Student Alliance, a student activist group, took place outside the student center one month after Congress passed a budget cutting $12 billion from student loan programs and the same day Secretary of State Condoleezza Rice pressed for a $91 billion (...)
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Defense Budget Preparing for Nuclear Global War
1 March 2006 par (Open-Publishing)
1 commentWhat is obvious in the fiscal 2007 defense budget are the drastic reductions or eliminations of 141 domestic programs in favor of nearly seven percent increase to $439 billion in defense spending. What is not obvious are the omission of the total cost of the ongoing wars in Iraq and Afghanistan, the enormous potential profits to defense contractors and corporations, and the hidden reasons behind escalating research and development of “smart bombs” and nuclear weapons.
Although the (...) -
Democrats create Wealth & Jobs
28 February 2006 par (Open-Publishing)
SHOCK & AWE------------------------ DEMOCRATS CREATE WEALTH AND JOBS----------- 1.From Harding In 1921 to Bush in 2003 2.Democrats held White House for 40 years and Republicans for 42.5 years. 3.Democrats created 75,820,000 net new jobs — Republicans 36,440,000. 4.Per Year Average-Democrats 1,825,200---Republicans 856,400. 5.Republicans had 9 presidents during the period and 6 had depression or recession. 6.Republicans had a recession/depression in 177 months and Democrats in 32 (...)
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Please call me a Tax & Spend Liberal
28 February 2006 par (Open-Publishing)
TAX & SPEND LIBERAL WHO PAYS HIS WAY
From G. Washington to Reagan we ended with less than 1,000 Billion in Debt.
The next 12 years of Spend & Borrow Conservatism added on over 3,000 Billion.
Bush 2006 Budget-Five Year Forecast-Historical Tables-Pages 116-117 reveals that he will add on 3759 Billion.
This is Gang who screamed-
CUT GOVERNMENT—BALANCE THE BUDGET-TAX CUTS PAY THEIR WAY
Swinney Fact Check-----
CUT GOVERNMENT---
Reagan yelled this more than any (...) -
King of Debt
28 February 2006 par (Open-Publishing)
KING OF DEBT—
Reagan was King with 1700 Billon and Bush will replace him with an awesome 3759 Billion Increase in Debt.
Bush 2005 Budget-Five Year Forecast—Historical Tables 116-117.
Republicans scream—CUT GOVERNMENT—BALANCE THE BUDGET—TAX CUTS WILL PAY THEIR WAY
CUT GOV—Reagan said it many times. But, he increased the size of government more than any president. He increased Spending by 80%. Some Cut.
TAXES PAY THEIR WAY—
Reagan cut by 750 Billion but borrowed 1700 Billion to (...) -
CNN poll: Support for US-Liquidator in Chief?
26 February 2006 par (Open-Publishing)
1 commentCNN poll: Support for US-Liquidator in Chief?
The US-Sell-Out just started. Grab your stake.
Deals only in EURO, Swiss Francs and Gold. No USD!!!
Do you believe that Congress should limit ownership and operation of America’s strategic infrastructure assets to the U.S. government and U.S. companies?
http://edition.cnn.com/CNN/Programs/lou.dobbs.tonight/ -
Bush’s ’fine’ economy sees millions go hungry WALL STREET David Nason
26 February 2006 par (Open-Publishing)
1 commentBUSINESS Bush’s ’fine’ economy sees millions go hungry WALL STREET David Nason February 27, 2006 GEORGE W. Bush went to Milwaukee last week to talk more about America’s addiction to oil. But before turning to his latest obsession, the President gave a precis of the US economy.
Bush declared the economy "strong and gaining steam" and rattled off the positives — a healthy 3.5 per cent growth rate; unemployment down to 4.7 per cent; more than 4 million new jobs created in the past 30 (...) -
USA Deeper in Debt: $8.2 Trillion, $27,000 for every man, woman and child
23 February 2006 par (Open-Publishing)
1 commentFor the fourth time since 2002, the federal government has maxed out its credit limit. Rather than just raise it and submerge American taxpayers deeper in debt, Congress and President George W. Bush need to stem the tide of red ink in Washington, D.C.
Because the federal government continues to spend hundreds of billions of dollars more than it takes in, the U.S. Treasury has hit the $8.2 trillion national-debt limit. Treasury Secretary John Snow has urged Congress to raise the limit as (...) -
Sounding the alarm on U.S. trade deficit
20 February 2006 par (Open-Publishing)
1 commentA Miami economist shares his thoughts on what impact the growing gap between U.S. imports and exports will have on the economy.BY JANE BUSSEYjbussey@MiamiHerald.comMiami economist Manuel Lasaga, who burnished his University of Pennsylvania doctorate in economics with a stint at Citibank renegotiating the Latin-American debt in the 1980s, shares few characteristics with Chicken Little, who always warned that the sky was falling. Still, the 53-year-old economist correctly sounded the alarm (...)