Search results

  1. A

    Solar Panel Maker Moves Work to China

    polar bears numbers are strong Obama Sets Aside 187,000 Miles For Overpopulated Polar Bears http://gatewaypundit.rightnetwork.com/2010/11/job-killer-obama-sets-aside-187000-miles-for-overpopulated-polar-bears/
  2. A

    Why no inflation?

    I agree, it reminds me of a feudal system were all economic surplus ( the value someone produces beyond a meager existence ) goes to the land owning nobility simply by their using force to maintain there legal claim on all land and in turn all wealth produced
  3. A

    Why no inflation?

    the increase in commodities lately is from speculation in those assets. the classical definition of inflation looks something like this. money supply expands without an increase in goods and services. Leads to more money chasing the same amount of goods However for this to happen wages...
  4. A

    Why no inflation?

    yes, banks expand the money supply when they extend loans.Every time a loan is made, the principle of that loan is new money. Also, when loans are paid or defaulted. the money supply contracts. by that amount. Regardless what you here on tv from junk economist. the vast majority of our...
  5. A

    European nations begin seizing private pensions

    it's much simpler than this the government is the rich
  6. A

    Riots in US streets.

    it's fun to pick on the less fortunate and blame them for all the problems in the world ( yea they really pull the strings) If you add up all the corporate welfare,handouts, bailouts you'll see the real welfare state. But i don't expect that on this site the egos are way to big here Banks get...
  7. A

    Adam Smith critiques the Deficit Reduction Commission

    cont. Smith: Wars should be financed on a pay-as-you-go basis, not by borrowing If the shade of Adam Smith were to reappear today, he would be equally disturbed by the failure of the Bowles-Simpson commission to address the issue of war debts dealt. Smith’s argument against waging foreign...
  8. A

    Adam Smith critiques the Deficit Reduction Commission

    Adam Smith critiques the Deficit Reduction Commission December 6, 2010 By Michael Hudson What would Adam Smith have said about the Bowles-Simpson economic report last week? What a pity the great free marketer was not around to serve on the Deficit Reduction Commission. He not only would...
  9. A

    Unbelievable!!!Food Stamp Rolls Continue to Rise

    +1 "The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." Lord Acton (1834-1902) English historian
  10. A

    Let's get everyone working again. Start world war 3

    op seems to have forgot that wars are the cause of the majority of the debt that countries accumulate. I guess he wants a never ending cycle war, more debt, war, more debt, war, more debt, sounds like the answer to all are short term problems
  11. A

    20 Statistics on Global Weath

    that's free trade for you look at the IMF play book( structural adjustment) a agent of neoliberialism cut social spending, cut wages,increase taxes so all the economic surplus goes to the banks which create money to steal real wealth. Look at Ireland, has to be bailed out because a...
  12. A

    Merkel tells collapsing Ireland to accept German hegemony.

    historical precedent shows that once the IMF get a hold of you. standard of living goes down and debt goes up. the neo liberal (free trade) policies over the last 20 years has been a complete fail. unless the goal was to bring in neofeudalism. i see a structural adjustment in Ireland future
  13. A

    GM's tax break worth as much as $45 billion

    you still missed the point, all companies do this in some form or another.you should be mad at the system. count how many former Goldman or jp Morgan guys get in fed, treasury or sec positions. what about the savings and loan industry lobbing for deregulation or financial institutions to...
  14. A

    GM's tax break worth as much as $45 billion

    my point is what's the difference if the government gives a company subsidy or a company buys legislation (lobbies) for tax loopholes. both are unjust, but the masses (maybe not you ) for some reason thinks one is socialism and the other is "free market" what exactly did we get with the...
  15. A

    GM's tax break worth as much as $45 billion

    i wish gm wouldn't need gov help like toyota oh wait Once upon a time, the leading car maker of a developing country exported its first passenger cars to the US. Up to that day, the little company had only made shoddy products - poor copies of quality items made by richer countries. The...
  16. A

    GM's tax break worth as much as $45 billion

    my god you guys really have a vendetta against blue collar workers lets look at what other co. pay in taxes google 2.4 % http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html goldman sacs 1%...
  17. A

    The Creature from Jekyll Island

    of course you are smart enough to figure out that all those off the book loans turned the bank into a fractional reserve bank. which was the cause of it's downfall. This is why transparency is important in any system. Without it rules can be circumvented. But the fed just seems to gain more...
  18. A

    The Creature from Jekyll Island

    not true, an increase in money supply is only inflationary if goods or services remain constant or fall. In fact you could have stable money and a fall in available goods and services and have inflation. If dollars printed by the gov. went to increase goods and services then no inflation...
  19. A

    Mark Cuban embarrassing the SEC

    a few years ago an article had a former top trader with soros saying "he doesn't make a move without insider knowledge" I wish i could remember the publication.
  20. A

    The Creature from Jekyll Island

    the treasury could print dollars and pay off the national debt with no inflation at all. Raising the reserve requirements in per portion to the amount printed would require banks to suck up the extra money. that keeps the new money out of circulation. End result would be 100% reserves, no...
Back
Top