We’re in the Eye of a Global Financial Hurricane

Satu Insan - Malaysia


Charles Hugh Smith

The only “growth” we’re experiencing are the financial cancers of systemic risk and financialization’s soaring wealth/income inequality.

The Keynesian gods have failed, and as a result we’re in the eye of a global financial hurricane.

The Keynesian god of growth has failed.

The Keynesian god of borrowing from the future to fund today’s consumption has failed.

The Keynesian god of monetary stimulus / financialization has failed.

Every major central bank and state worships these Keynesian idols:

1. Growth. (Never mind the cost or what kind of growth–all growth is good, even the financial equivalent of aggressive cancer).

2. Borrowing from the future to fund today’s keg party, worthless college diploma, particle board bookcase, stock buy-back, etc. (oops, I mean “investment”)–a.k.a. deficit spending which is a polite way of saying this unsavory truth: stealing from our children and grandchildren to fund our lifestyles today.

3. Monetary stimulus…

View original post 688 more words

The Greatest Act of Treason — A Notice to Public Servants

OK then roll out the guillotines!

Maine Republic Email Alert

On the night of December 23, 1913 the United States Congress passed the Federal Reserve Act and thereby committed the greatest act of TREASON in history. It surrendered this nation’s sovereignty and sold the American people into slavery to a cabal of arch-charlatan international bankers who proceeded to plunder, bankrupt, and conquer this nation with a money swindle.

The “money” the banks issue is merely bookkeeping entries. It cost them nothing and is not backed by their wealth, efforts, property, or risk. It is not redeemable except in more debt paper. The Federal Reserve Act forced us to pay compound interest on thin air in exchange for borrower’s promissory notes. We now use worthless “promissory notes” backed by our own credit that we cannot own and are made subject to compelled performance for the “privilege”.

From 1913 until 1933, the United States paid the “interest” with more and more gold…

View original post 1,298 more words

Guillotine the Two-headed Corporate Duopoly Now!

Wolfessblog -- Guillotine mediocrity in all its forms!

Hillary May Win in November, but the Duopoly Electoral System is Doomed

by BAR executive editor Glen Ford

“The very magnitude of Trump’s loss will further destabilize the duopoly system.”

All signs indicate that Bernie Sanders will follow his original flight plan to Philadelphia, with every intention of disgorging his leftish passengers at the Democratic Party terminal, in July, where they will be expected to board the shuttle busses to Hotel Hillary. How they will behave when they get there, and how many will check in for the duration, is still in question. Donald Trump’s hordes of apprentices are scheduled to arrive at the All-Caucasian Convention Center in Cleveland a week earlier, in a mood to rumble with Washington and Wall Street “elites” that may not even show up for their ass-whipping.

The crisis in the U.S. duopoly electoral system is profound, and will intensify, rather than diminish, after November…

View original post 1,134 more words