Friday, June 15, 2012

Retail Collapses in The Netherlands, Unsold Housing Inventory Nearing Spanish Levels

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So says Ambrose Evans-Pritchard, here : Dutch retail sales collapsed by 11pc in April, even worse than the 9.7pc drop in Spain. (Royal holid...

"It Is The Government, Not The Citizen, Who Spent Too Much"

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So says Geert Wilders of The Netherlands, quoted here : The Dutch prime minister said his country faced a crisis and asked parliament to pus...

The ECB Is The Central Bank Of Europe In Name Only

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So Peter Morici, here : “The real problem is the European Central Bank doesn’t have the tools it needs to guarantee the solvency of these (E...
Wednesday, June 13, 2012

Does The Fed Have The Guts To Let The Market Prove Itself, Now That Operation Twist Is Ending??

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I doubt it. Capitalism died here long ago. But we'll see. Meanwhile Zero Hedge had this chart in May showing the coincidence of stock ma...

Chicago Mob Violence: If The Problem Were Truly Controlled Last Year, Why Do You Have To Get Control Again This Year?

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The reporting on uncontrolled black mob violence in Chicago is as absurd as the excuses for it: Police Supt. Garry McCarthy pointed out ear...

Rumors of Grexit Leading to Spanic Might Prompt Quitaly and Finally Fixit

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The Euro humor, coming from Matthew Lynn, here , is deadly serious: “A fresh panic in Spain might be followed by rising demands for Italy to...

Weez All Bruthas In That Great Fraternity The Mystic Knights Of The Sea

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Global Fascism: Casually Described, Matter of Factly Accepted

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Today's must-reading comes from The Wall Street Journal, where a libertarian correctly describes the current state of affairs as a globa...
Tuesday, June 12, 2012

John Hussman Describes The Recent Victory Of Global Fascism, Without Using The Term

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Just yesterday, in his column, here : [O]ver the past 15 years, the global financial system . . . has been transformed into a self-serving, ...

New Federal Reserve Capital Requirements May Doom Savings and Loans

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And putting savings and loans out of business will dramatically reduce competition in the mortgage business, which is negative for housing, ...

FDIC's New Liquidation Authority Under Dodd-Frank Latest Example Of Obama Fascism

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It's not fascism when we do it. Peter Wallison for Bloomberg.com doesn't come right out and say it, of course, but the FDIC's ne...

Thomas Sowell Agrees With Us: Obama Is A Fascist

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Thomas Sowell for Investors.com correctly locates Obama's socialism in the fascist vein: What President Obama has been pushing for, and ...

Liberal Massachusetts Town Institutes Fines For Public Swearing

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The move actually de-criminalizes public swearing in order to remove it from the penumbra of First Amendment applications, as reported here ...

Americans' Net Worth Drops 40%, 55% For Those Whose Home Is Their Primary Savings

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So says the Federal Reserve in a just released report here : [T]he decreases in median net worth appear to have been driven most strongly by...
Monday, June 11, 2012

Hey Obama! I Got Your Private Sector Right Here! Jerk.

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Wow. Now The Obama "Cool" Is Racist, Too.

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What isn't? Story here : "There's an ad, talking about [how] the president is too cool, [asking] is he too cool? And there'...

Under Obama, Federal Government Hiring Actually Is Up 0.85 Percent, State/Local Down

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Calculated to date from February 1, 2009, federal hiring under Obama is actually up almost 1 percent even though federal tax revenues are br...

John Tamny Exposes National Review's Conservatism As Monetarist Currency Devaluation

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For Forbes.com, here : Beckworth and Ponnuru . . . seek money creation to achieve economic growth, or to quote them directly, “central banks...
Sunday, June 10, 2012

An Historicist Explanation Of Fascism Which Unintentionally Describes America

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Seen here : "Fascism resulted from the mobilization of mass armies, the creation of command economies, and the problem of reintegrating...
Saturday, June 9, 2012

Romney Will Say Anything To Get Elected, Whether It's 1994 Or 2012

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Not our guy in 1994. Not our guy in 2006. Not our guy now. Not our guy ever.