One of the best posts this month from ZERO HEDGE. YOU MUST READ THIS - it is well worth ten minutes of your time. Best because, unlike so many other articles citing the ascension of global corporate fascism as a silent or ”stealth” coup between global corporate and political interests, it actually specifies the letthemfail strategy to defeat [...]
Archive for October, 2010
Smith MOST ASSUREDLY Gets It!
The Truth Will Set Us Free
In what can really only qualify as the shock of self-evidence, Zero Hedge confirms what we’ve been banking on all year. Namely, that the Fed will come in with at least a trillion QE2 after consulting with it’s primary dealers, which not so shockingly confirms that: Primary Dealers of America, which include among them such hedge funds [...]
WTF? – Tell Your Auditor to Pound Sand?
Could you imagine a large multi-national corporation getting a bad report from it’s auditors, and then telling the auditors, “We disagree with your assessment, our financials are just fine” in essense, suggesting that they go fuck themselves? And then, when the IRS comes in and says, “I don’t think so, you’re hiding losses,” why, you [...]
Dire Straights For Certain States
31 of the individual (and lately, seldom United) States of America have been borrowing from Uncle Scam to fund their unemployment insurance (UI) trusts, in order to make UI compensation payments to the growing ranks of the unemployed. The problem here is that when you borrow from Uncle Scam, he winks twice at the FEDERAL REGURGE and the presses engage [...]
News Flash: Foreclosure Problems
It never ceases to amaze me how last month’s news still comes trickling forth through the syndicated, varicose, mainstream information filter with its drip, drip, drip of strained and sanitized sound bites, like: “ROBO – SIGNERS” There’s the buzz word they keep repeating, over and over again, until it is “catchy” enough for public retention. And under [...]
Friday’s Final Fantod
We have bounced around the realization of an audacious new normal — that for the first time in history, banks now own more net equity in residential real estate than individuals. Wow. But what will the banks do with all their newly owned, newly foreclosed upon homes? Keep in mind, the artificial appreciation insuring the debt [...]
Screw the Face of America?
So now we have Karl Denninger (and others) claiming that the Tea Party movement has been hijacked by finance capitalists. He should know, as one of the early incubators of the movement. But there’s something structurally wrong here. If the Tea Party truly represents a grass-roots movement of the American People, are we somehow saying [...]
