Monthly Archives: September 2012

Paul Craig Roberts: Spinning Bad Financial News Into Good

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“The real US rate of unemployment is almost three times higher than the reported–headline rate–of 8.1%.  What is the purpose of reporting an unemployment rate that is about one-third the real unemployment rate? The only answer is deception through Happy News.  A financial system based on lies and deceptions cannot forever last.”

http://www.paulcraigroberts.org/2012/09/08/spinning-bad-financial-news-into-good-paul-craig-roberts/

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IMF to Europe: Deliver on Irish bailout

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“The success of Ireland’s international bailout hinges on it getting more European support and there being economic recovery externally, the International Monetary Fund (IMF) said on Monday as it cut its growth forecast for Ireland for next year.  Ireland wants the terms tied to 31 billion euros ($39.7 billion)of IOUs pumped into two failed banks eased and Europe’s rescue funds to take over its stakes in other lenders, something the IMF said was needed to put the rescue program ‘on a clear path to successful completion’.”

http://in.reuters.com/article/2012/09/10/us-ireland-imf-idINBRE8890TR20120910

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Jurisdictional Competition: Why the West Became Rich While Asia languished

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“Europe experienced the enlightenment and industrial revolution while the empires of Asia languished.  What accounts for this dramatic shift?  I’m not going to pretend there’s a single explanation, but part of the answer is that Europe benefited from decentralization and jurisdictional competition. More specifically, governments were forced to adopt better policies because labor and capital had significant ability to cross borders in search of less oppression.”

http://danieljmitchell.wordpress.com/2012/09/10/jurisdictional-competition-is-why-the-west-became-rich-while-asia-languished/

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Will China Rescue the Global Economy?

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“In these circumstances, the Chinese have every incentive to rescue Europe. Yet that is a tall undertaking for Beijing. To save the continent, China would have to restructure the 17-nation euro zone, change the welfare-state mentality of the 27-member European Union, and buy hundreds of billions of never-to-be-repaid debt.  Beijing, for all its power, obviously cannot succeed at the first two tasks, and it can accomplish the third only if it wants to destroy its own finances.”

http://www.internationalman.com/global-perspectives/will-china-rescue-the-global-economy

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Elites Play Waiting Game with Europe

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“The Euro-crisis is just more directed history, it seems. The elites created the crisis with their banks, their money and their EU structure.  Now they are continually stringing it along, hanging the EU high on the gallows and choking it slowly with ‘solutions’ that just prolong the torture. There is no intention of ‘solving’ the problem. Four hundred million victims are to be impoverished until they are willing to trade their lives for ANY solution. This is how you build world government – on the backs of suffering masses.”

http://www.thedailybell.com/4279/Elites-Play-Waiting-Game-with-Europe

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The U.S. Keeping the Eurozone in Line

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“The Treasury has announced that Under Secretary for International Affairs Lael Brainard will travel to Spain, France and Germany on September 10-12, 2012. According to the Treasury, the Under Secretary will meet with senior government officials ‘to discuss their plans to achieve financial stability and growth in Europe and globally.’  On Monday, September 10, Under Secretary Brainard will meet with government officials in Madrid, Spain. On Tuesday, September 11 the Under Secretary will meet with government officials in Paris, France and Berlin, Germany. On Wednesday, September 12, she will meet with officials in Frankfurt, Germany.”

http://www.economicpolicyjournal.com/2012/09/the-us-keeping-eurozone-in-line.html

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Congressman Larry McDonald on World Government (1983)

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“Congressman Larry McDonald, who was killed in the curious Soviet shoot down of KLA Flight 007, talked on Crossfire in 1983 about the New World Order.”

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Is It Too Late for an Obama-Romney Ticket?

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“As the campaign develops, voters are sure to come to the realization that when it comes to political and economic philosophy, there is absolutely no difference between Romney and Obama, just as there isn’t any fundamental difference between liberals and conservatives.  So, why not an Obama-Romney ticket? Sure, it wouldn’t solve America’s woes, but neither will electing one or the other of them. At least it would spare the country the boredom, anguish, and expense of the next two months of the campaign.”

http://www.fff.org/blog/jghblog2012-09-10.asp

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With $114 million, Obama just outraises Romney in August

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“Former Massachusetts governor Romney and fellow Republicans raised more than $111 million, continuing a string of high-dollar hauls.  While Obama shattered every fundraising record in 2008 after becoming the first presidential candidate to opt out of a federal matching funds system, Romney has outpaced him significantly on the fundraising front since April.  That has added to a cash advantage on the Republican side that is helped by the success of outside groups, or Super PACs, that have spent lavishly in support of the Republican candidate with unlimited funds from millionaire donors.”

http://articles.chicagotribune.com/2012-09-10/news/sns-rt-us-usa-campaign-fundraisingbre88905f-20120909_1_obama-campaign-senior-romney-adviser-mitt-romney

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OKC Bombing: Secret Police Murder and Cover-Up

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“It’s great to have as our guest this morning Mr. Jesse Trentadue. Jesse is a lawyer in Salt Lake City, whose brother, Kenneth, was tortured and murdered by federal agents in a federal prison because of a case of mistaken identity involving the Oklahoma City bombing. This happened in 1995. And ever since 1995, Jesse has been an implacable pursuer of justice to an extraordinary extent, and I must say with extraordinary success against the FBI and other federal agencies trying to get the truth about what happened to his brother, and also the truth, as he’s gone more and more into it, about what happened in Oklahoma City to the Murrah Building.”

http://lewrockwell.com/orig13/trentadue1.1.1.html

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