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A government that controls the printing presses will never run out of money.

Get your facts straight - yes, he was a community organizer, but not as altruistic as most think. He was also in bed with the largest real estate developers of Illinois. You know why? As a community organizer, he was able to assist developers with the gentrification of communities in...

Oh really? How convenient of you to have found out about the Constitution. If we really abided by the genius of the founding fathers, there wouldn't be any prop desks left... their banks would have gone under. Spare me your flag waving.

Gold's on a tear today. Maybe Soros is following his own advice?

I was not referring to BNOC, but to production in general. PM Thatcher did push for greater private sector involvement in North Sea Oil which, in my view, boosted production. You can't ignore North Sea Oil's effects on Britains balance of payments, interest rates, and effect on the pound...

That's the Aegean Sea - yes, it's very windy. The Ionian Sea and Islands are very different - not as windy, have a mild rainy winter so are green year-round. Decent size cities on Corfu and Kefalonia too.

For the impatient, two minutes in... <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/VhWjM-8HhO4&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Hey, don't underestimate Greece in WWII. They had one of the first meaningful allied victories. They refused to surrender to the Italians, who had an overwhelming military compared to the Greeks. And when the Italians invaded, the Greeks not only stopped them, but pushed the Italian army...

What do they do? Outside of the North Sea and their now crippled financial sector..... what do they got? The US dollar can slide, but the US still has natural resources, manufacturing, Hollywood, agriculture, etc.... Remember the UK before the global credit bubble and before Lady...

The UK's been finished for a long time now. The only thing keeping it financially afloat these past few decades was the banking sector that rode the global credit bubble (now popped) and North Sea Oil (now in decline). Maybe they can get a Spice Girls reunion world tour to pay some bills...

We use terms such as "printing presses" and "helicopter" in describing monetary policy, but I take issue with those representations of fighting deflation. A Helicopter and a printing press are tangible machines that are slow to start and have limits. No... money creation by the Fed is a...

Here's the problem: Do you really think that alternative energy could replace oil via the free market? I agree that the current internal cumbustion engine/gasoline powered system evolved first, and then planners got involved and took it to the next level. But here's the issue with just...

The most spot on analysis I have seen all week.

From http://english.capital.gr/ : Le Monde Discloses Euro-Rescue For Greece European states are planning to help Greece so as to avoid a budgetary disaster, French daily Le Monde reports Thursday on its Web site. "According to our sources, different governments, including France and...

Been there 14 times since the late 1970s. Have friends and family there. In the late 1960s, my parents emigrated from this greek island to move to New Jersey: Don't get me wrong, I'm happy to have grown up and worked all my life in the US... but part of me is ready to move there...

The period that shows the least volume/price movement coincides with the rise of the FIRE economy. FIRE, of course, stands for Finance, Insurance, and Real Estate. Is was debt driven, ever increasing asset valuations that propelled (artificial) economic growth. That era is OVER. The...

So what are you saying? That Germans should move to Greece? :D But yes, it's ridiculous what we pay in Jersey. I'm planning on moving out of Jersey.

edit: And not to politicize this thread... but when NJ money, my money feeds some Alabaman or Mississippian that is against stem cell research because their bible says so... well, that REALLY pisses me off. (sorry for the rant in this thread)

I live in New Jersey. We Lose A LOT to the Federal Gov't siphon. According to that chart - almost 40%!!! As a result, our property taxes are amongst the highest in the nation. Granted, a lot of that goes to NJ corruption. But you know what? It's still my money and yes, I'm pissed off...

The same has been going on for decades in the US. One state pays for the other: From: http://taxprof.typepad.com/taxprof_blog/2004/09/red_states_feed.html (granted this is old - 2004) States Receiving Most in Federal Spending Per Dollar of Federal Taxes Paid: 1. D.C. ($6.17) 2...