Chart: America’s Finances
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Continue Reading“There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that “my ignorance is just as good as your knowledge.” – Isaac Asimov The […]
Continue Reading“Any formal attack on ignorance is bound to fail because the masses are always ready to defend their most precious possession – their ignorance.” – Hendrik Willem van Loon The levels of ignorance are multi-dimensional and diverse, crossing all educational, income, and professional ranks. The stench of ignorance has settled like Chinese toxic smog over […]
Continue ReadingAccording to SPIEGEL research, United States intelligence agencies have not only targeted Chancellor Angela Merkel’s cell phone, but they have also used the American Embassy in Berlin as a listening station. The revelations now pose a serious threat to German-American relations. Read full article It’s not new that there are ties between diplomatic posts and […]
Continue ReadingReuters reports today that US intelligence agencies may have bugged Angela Merkel’s phone for more than 10 years. Germany is sending intelligence chiefs to Washington to discuss the matter. BERLIN (Reuters) – The United States may have bugged Angela Merkel’s phone for more than 10 years, according to a news report on Saturday that also […]
Continue ReadingAlan Greenspan made a shocking statement on the Daily Show: “We really can’t forecast all that well. We pretend that we can but we can’t. And markets do really weird things sometimes because they react to the way people behave, and sometimes people are a little screwy.” – Alan Greenspan, speaking this week on “The […]
Continue ReadingSince 1980 those in power have become used to the idea that debt is growing faster than income. The majority of economic and policy debate doesn’t focus on the real issue causing the financial crisis (which is the rapid expansion of the Fed’s US Dollar denominated assets), it’s actually very simply as Chris Martenson points […]
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Continue ReadingThe US has experienced a systemic crisis recently including most aspects of the US system; political, financial, and social. Being that the USD is the world reserve currency, and the US is basically the only real superpower, this has implications for the entire world. Most notably, the US experienced severe systemic crisis: Spy Scandal, revelations […]
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