It was Eisenhower who recognized the corrupting influence of power upon the growing military industrial complex. Had he broadened his scope just a bit further, he might have warned us about the looming threat of the Government Personnel Complex. In recent posts, we have formerly rational people claiming that: QE2 promotes employment by keeping the [...]
Browsing International Policy™
Beware The Government Personnel Complex
Brown Praises FED QE2 ??
As much as I admire the work of Ellen Brown, I disagree with this latest, favorable view of QE2. As with any non-intuitive monetary policy, like Keynes “spend your way to prosperity” economics, there are 2 divided views falling into “common sense” and “nonsense” camps. With QE2, we have the “no big deal” view, which includes the FED [...]
Summertime is OVER!
When one of those six faces to your left is removed from a position of economic policy administration, letthemfail has to let out a big BOOO — YAHHH from the rooftop. Now that “Sleepy” Summer’s is leaving Obama’s economic dwarfs, he can return to Harvard and finish the job he started: sending Harvard into receivership [...]
America, Land of Opportunity?
In this article, I had hoped to identify that uniquely American definition of “opportunity” … except that … there may no longer be a “uniquely American” definition. Thanks to changing norms within American academia and related social policy organizations (think tanks, foundations, government, the media) and elsewhere … definitions change. There can be no doubt that societal norms [...]
Global Bailout Trap Springs New Legs
Out from the bowels of the Trojan Horse of Globalism springs forth the IMF with new and unlimited resources (translation: America’s dwindling middle class) to bail out the deflating fantasy of European virtual wealth, conjured up by the multi-national Too Big To Fails and their central banking cartel. It appears that they are determined to hyperinflate the US dollar out of it’s [...]
Sovereign State Banks Gain Momentum
Now comes Illinois, Oregon, Massachusetts, Idaho and California (joining Florida) with gubernatorial candidates whose platforms contain our Sovereign State Solution. Virginia’s initiative suffered a setback, but it could just as easily be restored. From Ellen Brown’s most recent article: It is time to put Oregonians back to work. It is also time to declare economic sovereignty from the multi-national [...]
Bernanke to Bail out Europe Next?
A few of us reason that he will, just as sure as he pumped liquidity into international banks to fund dollar denominated speculative positions in last year’s Round II of the “Master plan”. When we reviewed AIGs uncensored schedule A, it was revealed to be a huge European Bank bailout of UBS (Switzerland), RBS, Coral and George Quay [...]
