An American life worth less today

Typical American: ignorant, stupid, ugly, and fat.

Does any other country besides the univerally hate Jewnited States evaluate life in this way? I doubt it.

Debt-fueled rat race drives economic crisis

Leo Panitch part 1: Truly democratic institutions are needed to direct investment

Sunday May 4th, 2008

As the US Federal Reserve once again cut interest rates on Wednesday in the hopes of stanching the economic bleeding in the US, The Real News Network senior editor Paul Jay sat down with economist Leo Panitch to discuss the causes of–and solutions to–the current economic crisis. Panitch says that the increase in the standard of living since the Reagan era has largely been fueled by growing debt and longer working hours, and suggests that the solution is to democratize economic institutions.

More good stuff here.

Wealthiest people in Britain are not British

The following news story, attributed to the Associated Press, was printed on page A5 of the Monday, 28 April 2008 edition of the Arizona Republic.
Continue reading Wealthiest people in Britain are not British…

Wall Street parasites make out like bandits

WHILE THOSE THEY HARMED STRUGGLE AND SUFFER
Continue reading Wall Street parasites make out like bandits…

The War on Greed starring Larry the Loophole

How able are Americans to bear the costs of war?

War in Iraq presents a paradox on the American home front: The military effort has had little discernible impact on most Americans, but by some forecasts, the Iraq effort will end up costing more per citizen than many US wars with higher numbers of casualties – Korea, Vietnam, and the Civil War.

The Prospects for Homo economicus

Imagine that your child’s private school tuition bill of $20,000 is due and the only source you have for paying it is the sale of some of your stock holdings. Fortunately, you got in on the great Google godsend and purchased 100 shares at $200 each, for a total investment of $20,000, and the stock is now at $400 a share. Should you realize your net gain by selling half of your Google stock and paying off your bill? Or should you sell off that Ford stock you purchased ages ago for $40,000 at its current value of $20,000?

Clinton Lie Kills Her Credibility on Trade Policy

CAPITALISM WILL DESTROY YOU, WHITE MAN!

“As she campaigns now, Clinton says, “I have been a critic of NAFTA from the very beginning.” But the White House records confirm that this is not true.

“Her statement is, to be precise, a lie.”

Man behind mortgage meltdown dies

LEAVES COUNTRY IN A MESS

Man behind mortgage meltdown dies

Roland E. Arnall, the founder of the Ameriquest Mortgage Company, which once billed itself as a sponsor of the American dream but later found itself at the center of the subprime mortgage crisis, died Monday in Los Angeles. He was 68 and lived in the Holmby Hills section of Los Angeles.

The US is Bankrupt [Yay!]

In his famous book, The Collapse of British Power (1972), Correlli Barnett reports that in the opening days of World War II Great Britain only had enough gold and foreign exchange to finance war expenditures for a few months. The British turned to the Americans to finance their ability to wage war. Barnett writes that this dependency signaled the end of British power.

Tent Cities Spring Up In California

The Panic of ‘08

The Great Housing Crash of ‘08 is on the way. Will you be wiped out by negative equity?

Basically what has happened here: ever since George W. Bush and his little Jewish friends entered office, Americans have been persuaded by a massive propaganda effort to turn their own housing, the places where they live with their families, into a mass gambling game that generates huge profits for Jews and parasitic bankers who actually contribute nothing at all to the economy or the general welfare.

The Fed’s in a desperate race with specter of collapse

Equity traders, being ever the optimists, decided to look on the bright side of yesterday’s central bank intervention. London and New York did a jig after the US Federal Reserve and Bank of England pulled out all the stops to avoid markets falling into a pit of despair.

The Hydrogen Economy

Skeptics scoff at perpetual motion, free energy, and cold fusion, but what about energy from hydrogen? Before we invest trillions of dollars in a hydrogen economy, we should examine the science and pseudoscience behind the hydrogen hype. Let’s begin by taking a hydrogen car out for a spin.
Continue reading The Hydrogen Economy…

Mugabe poll ploy strips white firms

This paragraph is particularly striking:The Economic Empowerment Act requires “indigenous Zimbabweans” to hold a minimum 51per cent stake in every business and public company, and to have a controlling stake in every investment or company merger…How long before Australian, North American and New Zealand indigenous
peoples think of using the same dodge?
Continue reading Mugabe poll ploy strips white firms…

‘Nazis’: The Facts

Alex Linder wants to find out the “facts” about National Socialist economics in this thread here.

My two cents:

You’re wasting your time, Alex. All the books since W.W. II about the Third Reich have been written by enemies of National Socialism. You won’t find any “facts” in them. Let’s take Ian Kershaw’s lauded biography of Adolf Hitler, a friend took the time to trace down all the authors critical of Hitler’s economic policies and cited by Kershaw, he found that Kershaw invariably cited Marxists as his sources. Here we have an establishment historian from a major Western university borrowing a Marxist critique of National Socialist economics. Kershaw wouldn’t use Marxists for anything else in the world; however, insofar as Nazis are concerned, all is fair game. If that weren’t enough, lying Englishman Kershaw (who got a knighthood from the Queen for his effort) states in his introduction that he personally abhors everything Hitler stood for…how do you like them apples? Do you expect a court historian like that to give you unbiased, true facts? No, of course not! He can’t say something that might show Hitler in a good light. It would go against his nature as a lying, perfidious, two-faced, double-crossing, self-righteous, hypocritical, dishonest Englishman…(but these are all synonyms for the “Perfidious Albion”…a monicker given the English by continental Europeans who centuries ago noticed in their wisdom that there was something “off” about the English character…Dr. Goebbles referred to them as “the Jews of the Aryan race”…). But I digress…

The Third Reich showed the world that you could have a free market AND a planned economy…and produce in only a few years the highest standard of living in the world and full employment.

If you want to know the facts, you’ll have to read primary sources that should be available at any good North American university but that have been outlawed by the anti-German BRD (”the freest Germany in history!”) and, hence, cannot be found in the Bastardstate. Of course, they’ve never been translated and are only accessible to those who can read German. I can give you some titles that I’ve read, if you’re interested.

Here are two good, short articles on N.S. economics:

How Hitler Consolidated Power in Germany and Launched A Social Revolution

The First Years of the Third Reich

LEON DEGRELLE

1939 GERMAN ECONOMIC POLICY (under Hitler)

by Wilhelm Bauer

Obama is selling Cargo Cult economics

Would you buy a bridge from this man?

What do you do with your last dollar when you are flat broke? You might as well buy a lottery ticket. Putting your last silver dollar into the slot machine with a million-dollar payout is a rational decision after you’ve gambled away your whole stake. Absent a miracle, you’re going to walk home anyway.

UK’s £350m maternity bill for foreign mothers

UK’s £350m maternity bill for foreign mothers
Continue reading UK’s £350m maternity bill for foreign mothers…

How far does the apple fall from the tree?

Do Americans still tell each other the lie that they live in a land of opportunities?

“It is easier to move to rags to riches in Australia than it is in the United States”, said Dr Leigh. “Particularly for those who begin in poverty, Australia offers a greater chance of rising up the income ladder.”

Niall Ferguson on the decline of the American empire

Spain - La Vanguardia

In an interview conducted by Andy Robinson, the British historian Niall
Ferguson analyses the economic threats hovering over the United States.
“They have become the world’s principal debtors and depend on a colossal
quantity of foreign capital in order to finance themselves. It suffices to
consider how Wall Street banks are looking for injections of capital from
Middle Eastern and Asian sovereign funds. This is going to considerably
reduce any room for manoeuvre the United States has in these regions. We
are going through a subtle transition in financial and geopolitical
dependences. Historically, when there have been political conflicts between
a debtor and a creditor, it is whoever allocated the credit who got the
last word. The United States’ main asset has resided in being the best
place on the planet for doing business. If they loose that, one can only
envisage their long-term decline.” (19/01/2008