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20 September 2011

Evaporation of Wealth on a Vast Scale

Evaporation of Wealth on a Vast Scale How $1-million can disappear September 19, 2011 By Elliott Wave International

The bursting of the “debt bubble” which started in 2008 is far from over.

It’s the financial story of our age and it’s happening before our eyes. The full scope is hard to keep up with because it’s unfolding at various levels.

The top level is the sovereign debt crisis:

National governments: Several in Europe and even the U.S.

 

State and local governments: services slashed; vendors waiting to . . . → Read More: Evaporation of Wealth on a Vast Scale

6 September 2011

Wendell Berry’s Manifesto: The Mad Farmer Liberation Front

Manifesto: The Mad Farmer Liberation Front Wendell Berry

Love the quick profit, the annual raise, vacation with pay. Want more of everything ready-made. Be afraid to know your neighbors and to die.

And you will have a window in your head. Not even your future will be a mystery any more. Your mind will be punched in a card and shut away in a little drawer.

When they want you to buy something they will call you. When they want you to die for profit they will let you know. So, . . . → Read More: Wendell Berry’s Manifesto: The Mad Farmer Liberation Front

4 March 2011

Gravy Train Passengers Urge Mules to Pull Harder

Standing in the street with a picket sign doesn’t make you right, or mean you are oppressed. I say this not to discourage or disparage people who stand in the street with picket signs. On the contrary, I am a great admirer of public displays of righteousness. I’ve made more than one myself.

I say it rather to point out that not all demonstrations are for causes worth supporting. Specifically, there is no similarity between the desperate, hungry, abused demonstrators in Egypt and public employee union members in Wisconsin.

The Egyptians are in . . . → Read More: Gravy Train Passengers Urge Mules to Pull Harder

6 July 2010

Is the U.S. a Fascist Police-State?

This from Gonzalo Lira’s Blog:

. . . → Read More: Is the U.S. a Fascist Police-State?