Thank you Barack Obama for proposing to restore certain elements of Glass Steagall! Though this certainly wasn’t Paul Volker’s original idea, we’re happy that one of your campaign promises (regarding the economy, I look to Paul Volker and Warren Buffet) has been upheld, even if it’s a year late and addresses only half the problem. Now please [...]
Archive for January, 2010
NOW COMES THE TIME …
Reflections on HMO Care and the Failure of Globalism
Lately, the DEMagogues have been defending Obama’s HMO Care Package as some valiant effort to slay the evil insurance companies and big Pharma, so as to protect American families. We hear it from the messiah himself, as he pontificates: If Republicans want to campaign against what we’ve done by standing up for the status quo and by standing up [...]
Reflections on “Responsibility Fees” and “Conspiracy Control”
Regarding Obama’s financial crisis responsibility fee, it’s difficult to criticize ANY attempt to recoup taxpayer losses on the egregious TARP swindle. Those who do risk falling into the trap of being labeled “Obama-haters” despite anything the man does, even when he does something inconsistent with former bad decisions (for example, I first thought he was proposing a new fee for being [...]
California AIG Lawsuit: A Class Action Matter
The lawsuit filed last year against AIG by the San Diego-based law firm of Aquirre, Morris and Severson LLP, on behalf of Linda M. Harris and the Independent Financial Group, Inc., exposes the AIG reinsurance giant as an ongoing criminal enterprise, and demands a preliminary injunction. Among other charges, the suit pleads as follows: AIG merged the funds, [...]
The Case for Futility
Back many months ago when I cited Ellen Brown’s articles on the great success of North Dakota, treating this successful economic model as a template for a comprehensive Sovereign State Solution, I did so with a forward looking understanding of the current level of corruption, collusion, and Wall Street capture which has permeated American government at the Federal level. [...]
Sprott’s December Assessment
While Eric Sprott has definately awakened the sleeping giant of reason (in crtitcal thinkers) with past articles like The Solution …is the Problem and Surreality Check … Dead Government Walking, his December offering is something of a foregone conclusion. In Is it all just a Ponzi scheme? there is a worthwhile take away, aside from the obvious answer [...]
Bill Bonner: SPOT ON AGAIN!
The last thing a bureaucrat wants is for his mission to disappear. If he is fighting illiteracy, it is a fair bet that fewer children will learn to read. If he is fighting poverty, it is a fair bet that more people will be poor. If he is fighting terrorism, put your money on terrorism. [...]
