It is better to be an outcast, a stranger in one’s own country, than an outcast from one’s self. It is better to see what is about to befall us and to resist than to retreat into the fantasies embraced by a nation of the blind.
Chris Hedges

Wednesday, December 28, 2011

The Big Lie - The Daily Beast

The Big Lie - The Daily Beast
Michael Thomas writes beautiful prose. His description of the violence that will follow the soon-to-be uprising will be a spendid rebuttal to more than 30 years of greed and graft. Recently, I watched a wonderful BBC series about the great writers of the Romantic period. William Wordsworth went to Paris to witness the French Revolution first-hand. The relentless bloodletting got to him and he fled back to England. When I peel back the layers of bankers, lobbyists, politicians, and media who participated in the raping of the world, I can understand the need for the wet work. I expect when the killing starts it will be very bad indeed, only stopping after tellers and security guards litter the tops of the piles.

Tuesday, December 20, 2011

Are we fuggin' stupid?

Max Keiser asks the question.

Monday, December 19, 2011

Currency Wars

Author Jim Rickards discusses the opening salvos of what he says is a global currency war. The Federal Reserve has extended currency swaps to the EU. The ECB cannot devalue the Euro without constitutional change in each of the 23 countries to allow it. In the meantime, Bernanke continues to print -- to provide the IMF with US$ in return for SDR's -- that in effect, the Federal Reserve is 'shorting' the US dollar.

Thursday, December 15, 2011

London vs. the Eurozone - Howard Davies - Project Syndicate

London vs. the Eurozone - Howard Davies - Project Syndicate

Bass Season

Kyle Bass manages the investment fund for the University of Texas. Larry Summers, often called, "The Smartest Guy in the Room", and one of the architects of the current global crisis, managed the investments for Harvard. Bass doubled the Texas pot, while Summers lost more than half Harvard's legacy investments. That's why Summers will always look around the room to see if people like Bass are there, before getting a cocktail. Pay attention to what he is saying in this CNBS, I mean CNBC video.

Friday, December 09, 2011

RBS

This story of pure greed and arrogance sits at the forefront of disbelief. When the list is made up these guys need to be at the front of the lineup.

Financial Armageddon: I Smell a U.S. Bestseller-in-the-Making...

Financial Armageddon: I Smell a U.S. Bestseller-in-the-Making...

Sunday, December 04, 2011

AC2011 Session 1.2 Come Undone: Kyle Bass redux - YouTube

Watch this and you will think twice before believing anything you ever, read about, see, or hear from MSM.

AC2011 Session 1.2 Come Undone: Kyle Bass redux - YouTube