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American Polemic

Money TrapMeltdown. That's the best choice of words to describe the current state of the stock market ... not just here in the United States, but globally. Why? The politicians keep pointing fingers at defaulted sub-prime mortgages (and each other) and related investment products gone sour ... but that's only because that's the limit of what the majority of the public can understand and relate to. The mortgage mess may be at the root of the problem, but in and of itself it could not cause anywhere near the degree of ...

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Bailout, Bail OutI'm going to start by apologizing in advance for any profanity or offensive comments that this post may include ... I'll probably regret posting this tomorrow, but the fact is I'm mad as Hell about all of this. Other than the passage of the federal reserve act in 1913 (which was after all, the genesis of all of this), this "bail-out" may well qualify as the biggest swindle in World history ... and it's only the beginning.

So let's cut to the chase: what's this REALLY all about? Two Words: ...

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Ron Paul Money Supply Save the DollarThe following message was emailed by Congressman Ron Paul to his supporters on Thursday, September 25, 2008:


Dear Friends:
The financial meltdown the economists of the Austrian School predicted has arrived.

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy - all ...

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Sarah PalinLet me start by saying that I have no intention of voting for the McCain/Palin ticket, not only because I recognize it for what it actually is - one half of a media-crafted facade, the purpose of which is to maintain the illusion of political choice within the public mindset - but also because I simply have too many disagreements with core elements of their platform.

However, having said that, I nevertheless do enjoy watching the epileptic convulsions that the other side is suffering as a result of how well ...

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Bloomberg Financial Charts Commodities 080808All of a sudden, there's plenty of oil. Woopy! Happy days are here again! Question: so what's changed between last week and now ... what do they (those dreaded "they" people) know now that they didn't last week? The answer has nothing to do with oil ... but you'd never know that by listening to the system cheerleaders that infest the corporate media. What's different today are the expectations of foreseeable monetary policy from the European central bank. Specifically, they seem to have put the kibosh on Euro rate hikes ...

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McCain, Money, RepublicanI guess John McCain is starting to figure out that in order to win a presidential election, you have to talk about things that matter to the public (as oppose to things that matter only to politicians like ... oh gee, I dunno ... say ... campaign finance reform, for example).

So now he's gonna roll up his sleeves, loosen his tie, and stand up for the little guy who's getting screwed out of house and home by skyrocketing fuel costs. Just give him the chance, and he's gonna straighten out ...

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