acting-man.com / Bill Bonner / January 27, 2015
Two Comedy Acts
Today, we’re going to tell you why America’s middle class is getting poorer. Or put another way, we’re going to show you how capitalism dies.
The Dow fell 141 points, or 0.8%, on Friday. Gold closed the week below $1,300 an ounce… but not […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, JANUARY 20, 2015
Debt-serfs who make the difficult and risky transition to small-scale business owners find they have simply moved to another class of serfdom.
The core dynamic of debt-serfdom is that debt-serfs must borrow money to buy essentials while the wealthy borrow to invest in productive […]
armstrongeconomics.com / by Martin Armstrong / January 11, 2015
QUESTION: okay Martin,
So assuming Capitalism (property rights) and (direct) Democracy is the Promised Land, how the Hell do we get there? How do we break the Oligarchy? Cheers, em
ANSWER: No matter what system we do create, it will be gamed eventually. If you […]
armstrongeconomics.com / by Martin Armstrong / January 8, 2015
Banks in the USA now are required to report any wire of $3,000 or more and any cash withdraw as well. If you want to withdraw $5,000 in cash, you have to now fill out a form. Your money is no longer yours. Big Brother and […]
davidstockmanscontracorner.com / By Timothy P. Carney At reason. com / January 6, 2015
Rep. Eric Cantor didn’t just lose his Virginia Republican primary. He was demolished. Dave Brat-a mostly unknown economics professor from a local college-beat the powerful Republican incumbent by 11 percentage points.
Cantor on June 10, 2014, became the first sitting House majority […]
yanisvaroufakis.eu / by yanisv / December 13, 2014
In this article, aptly subtitled It’s lonely being the global policeman, Slavoj evokes a parallelism between the age of extremes that began as the British Empire was losing its grip with the present moment in history. Now that theGlobal Minotaur (quoting my book) is mortally wounded, […]
mises.org / Hunter Hastings / DECEMBER 10, 2014
We are told that elections are important, but the most powerful state institution, the central bank, is totally out of reach of the voter.
Ludwig von Mises viewed democracy as a utilitarian concept. It was the form of political organization that allowed the majority to change […]
zerohedge.com / by Tyler Durden on 12/03/2014 20:00
One of the most important Zero Hedge posts of the last few years was “The “Muddle Through” Has Failed: BCG Says “There May Be Only Painful Ways Out Of The Crisis”” where The Boston Consulting Group (BCG) helped explain how the economic establishment is trying everything to […]
johngaltfla.com / by John Galt / November 30, 2014 10:35 ET
While Americans ate, partied, and shopped until their credit cards cried “uncle,” markets around the world experienced a mini-crash which despite the protestations of the CNBCBBGFBN propaganda and infomercial sales forces will have consequences for the American economy and indeed the future of our […]
teapartyeconomist.com / by Gary North on November 28, 2014
This story caught my attention. There were protests in St. Louis after the grand jury failed to indict the policeman who shot Michael Brown.
At the Manchester Wal-Mart, about two dozen people chanted “no justice, no peace, no racist police” and “no more Black Friday” […]
davidstockmanscontracorner.com / by Randall G. Holcombe / November 17, 2014
The role of government in the economy has been a major public policy issue for more than two centuries. Critics of capitalism, at least since Karl Marx, have argued that the system is skewed to benefit the political and economic elite at the expense […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / November 07, 2014
Who Really Won the Election?
If you think Republicans won the recent mid-term election you are mistaken. PolicyMic has One Chart that Shows Who Won.
Most Expensive Senate Races
Money Won the Election!
The Center for Responsive Politics projects the 2014 mid-term election will cost […]
Mathew Brady Units of XX Army Corps, Army of Georgia on Pennsylvania Avenue, Washington DC May 24 1865
theautomaticearth.com / by Raúl Ilargi Meijer / November 5, 2014
To the extent there’s any actual choices to be made in these kinds of elections. Why waste your time?
• Ayn Rand vs Adam Smith: The […]
zerohedge.com / From Elliott Management’s Q3 letter, by Paul Singer on 11/04/2014 22:37
A Brief Note On Capitalism
From time to time we find ourselves compelled to write a few words in defense of capitalism. Capitalism is a system according to which capital is owned by private citizens, who in turn determine its price and […]
davidstockmanscontracorner.com / By Micheal Sauga at Der Spiegel / November 3, 2014
……….He was the face of the Reagan revolution, a young man with large, horn-rimmed glasses and thick hair, wearing a suit that was too big for him as he sat next to the hero of conservative America. As former President Ronald Reagan’s budget […]
zerohedge.com / by Tyler Durden / 10/29/2014 08:17 -0400
With QE3 about to wind down, some are declaring that the age of Quantitative Easing is finally over. These probably forgot they said the same thing when QE1, QE2 and Operation Twist ended. Clueless “expertise” aside, who can really blame them: by now it has become […]
jessescrossroadscafe.blogspot.com / By Jesse / 10 OCTOBER 2014
This is a reprise of a posting from this café in 2012. It was my attempt to recreate a story I had originally posted on The Crossroads Café when it was hosted on Yahoo Geocities, between 2000 and 2007. This is an old story from 2005. It […]
zerohedge.com / by Tyler Durden on 10/09/2014 11:18
Curious how Bill Gross feels in his new digs at Janus Capital (aka old digs in Newport Beach)? Curious how much money he is managing now or how he will manage it? Curious why he has a band aid under his right eye? All should be […]