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Old May 26th 10, 04:36 PM posted to rec.radio.shortwave,talk.politics.misc,us.politics,alt.politics,alt.politics.economics
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Default Huffington Post Abolishes Scarcity

On May 26, 10:10*am, snakehawk wrote:
...
*The spendthrift Republicans who allowed
international money changers to scoop up and gamble away most of the
available cash have now become thrifty nannies who think the way to
prosperity is for government to sit back and allow the international
bankers to control the rate of America's recovery.


Marc Faber, Obama Makes Bush Look Like a Genius 
http://www.youtube..com/watch?v=RfrovBR4BcQ
Gerald Celente on the State of The Union 
http://www.youtube.com/watch?v=UPwaeaGOOUE
http://www.youtube.com/watch?v=v9JHTilpdfY
http://theburningplatform.com/groups...of-reality/dis...
http://moneynews.com/StreetTalk/davi...itehouse/2010/...
http://www.youtube.com/watch?v=Qk1O9TVJ4w8http://www.youtube.com/watch?v=fiDgfS2pOio
http://www.youtube.com/watch?v=U2pOsvEwQi8http://www.youtube.com/watch?v=qvAlbpnmsPs&feature=fvw
http://www.youtube.com/watch?v=gPdpP9Uu5Lchttp://www.youtube.com/watch?v=U2pOsvEwQi8
http://www.youtube.com/watch?v=zIJkArWvqu4http://www.youtube.com/watch?v=EcblkyjmOtg
http://www.youtube.com/watch?v=UlDNMB6wYmI&NR=1
http://www.youtube.com/watch?v=78ddURofMWs&NR=1
http://www.youtube.com/watch?v=UfuiN...1&feature=fvwp
http://www.youtube.com/watch?v=gdBIRD87-Ao&NR=1
http://www.youtube.com/watch?v=kA5dfcMNtCo&NR=1 
“The idea that you
can fix a period of excess borrowing and excess 
consumption by more
borrowing and more consumption to me is just 
ludicrous,” 
Jim
Rogers, 
an American 
investment guru 

"....government and the banking
system 
have deliberately created 
financial bubbles to shore up the
economy, 
engender profits, and 
maintain tax revenues."
http://www.youtube.com/watch?v=8vk91jU8Bt0
Soros Warns of Market Crash
Thursday, 15 Apr 2010 10:58 AM Article Font Size
Railway porter-turned-billionaire financier George Soros delivered a
stark warning that the financial world is on the wrong track and that
it may be hurtling towards an even bigger boom and bust than in the
credit crisis.
The man who ‘broke’ the Bank of England (and who is still able to
earn 
a cool $3.3 billion in a year) said the same strategy of
borrowing and 
spending that had got us out of the Asian crisis could
shunt the 
financial world towards another crisis unless tough lessons
are 
learned.
Soros, who worked as a porter to pay for his studies at the London
School of Economics after emigrating from Hungary, warned the
financial world to heed the lesson that modern economics had got it
wrong and that markets are not inherently stable.
“The success in bailing out the system on the previous occasion led
to 
a superbubble, except that in 2008 we used the same methods,” he
told 
a meeting hosted by The Economist at the City of London’s modern
and 
impressive Haberdashers’ Hall.
“Unless we learn the lessons, that markets are inherently unstable
and 
that stability needs to the objective of public policy, we are
facing 
a yet larger bubble.
“We have added to the leverage by replacing private credit with
sovereign credit and increasing national debt by a significant
amount.”
One crumb of comfort could be the 10-year period between the 1998
Asian crisis and the 2008 credit crisis. If the pattern is repeated,
it should at least mean we have another eight years to go before the
next crash.
© 2010 Reuters. All rights reserved. Republication or redistribution
of Reuters content, including by caching, framing or similar means,
is 
expressly prohibited without the prior written consent of
Reuters.
http://moneynews.com/StreetTalk/geor...sh/2010/04/15/...

http://www.rense.com/general85/chall.htm
http://www.youtube.com/watch?v=9h2x7...eature=related
http://www.youtube.com/watch?v=Pt4VLX96VLM 
The same people who
complained about the widening wealth gap now 
think 
the new money
printing and borrowing is such a wonderful and 
necessary 
policy
forget it helps the rich the most. The policies are 
intended 
to
avoid depressing asset prices which has the effect of 
shrinking the
wealth gap. Who owns most of the assets if not the 
wealthy? How do
you 
stop asset price deflation? By inflation. Who 
suffers most from
inflation? Poor people. Who benefits most from 
inflation? Rich
people 
who own assets. 
Evidently change we can 
believe in is no
change. The rich get richer 
and the poor get poorer 
by government
policy, just like always. 
http://www.youtube.com/watch?v=o7moo-O2Rok
http://www.youtube.com/watch?v=CtllmgvoT_g
http://www.youtube.com/watch?v=9nU3f...eature=related
http://www.youtube.com/watch?v=qfoTo...eature=related
http://www.youtube.com/watch?v=LSqhr...1&feature=fvwp
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