Free money creation to bail out America’s elite financial speculators, but not for Social Security or Medicare
Only the “Crazies” Get the Bank Giveaway Right
Financial crashes were well understood for a hundred years after they became a normal financial phenomenon in the mid-19th century. Much like the buildup of plaque deposits in human veins and arteries, an accumulation of debt gained momentum exponentially until the economy crashed, wiping out bad debts – along with savings on the other side of the balance sheet.
Updated: June 23, 2011 added video of entire article.
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June 16, 2011
The unrest in the Middle East, the convulsions in Ivory Coast, the hunger sweeping across failed states such as Somalia, the freak weather patterns and the systematic unraveling of the American empire do not signal a lurch towards freedom and democracy but the catastrophic breakdown of globalization.
The world as we know it is coming to an end. And what will follow will not be pleasant or easy. Continue reading →
The recent article of General Leonid Ivashov (1) deals with BRICS (Brazil, Russia, India, China, South Africa) group of countries and its current and future potentials for changing the nature of civilization and the world balance of forces. In doing so, Ivashov has touched on some of the underlying macro-level historical-intellectual foundations of the developmental historical process. Continue reading →
Is the Bible the Word of God, or a collection of manuscripts orchestrated by a fourth-century Roman emperor to ensure his own political survival? Many are wondering whether they’ve been told the truth about the Bible after reading the bestselling novel The Da Vinci Code. Learn more about the history of the Bible.