The Real Economic Picture

 by Paul Craig Roberts, Assistant Secretary of the Treasury for Economic Policy under President Reagan and formerly associate editor of the Wall Street Journal.  If you have any money and you want to understand the lies that “your” government tells you with statistics, subscribe to John Williams shadowstats.com. John Williams is the best and utterly truthful …

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New Word To Describe The US Government

Ineptocracy (in-ep-toc’-ra-cy) – a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

You May Be A Terrorist

Do you suppose cows have any idea what’s coming as they’re marched down the chute? Or do they stare with bovine indifference at the tail and hind quarters in front of them, until they’re suddenly — and very briefly — startled by the man with the nail gun? Perhaps Americans will — likewise too late …

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A 1 Minute Explanation Of The Federal Budget

  . U.S. tax revenue: $2,170,000,000,000 . Fed budget: $3,820,000,000,000 . New debt: $1,650,000,000,000 . National debt: $14,271,000,000,000 . Recent budget cuts: $38,500,000,000 Let’s now remove 8 zeros and pretend it’s a household budget: . Annual family income: $21,700 . Money the family spent: $38,200 . New debt on the credit card: $16,500 . Outstanding …

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Arrogant crony corporatism

From Franklin Sanders’ newsletter 12/8/11  www.the-moneychanger.com Yesterday Jamie Dimon, CEO of JP Morgan Chase, at a conference sponsored by public-spirited Goldman Sachs, said, “Acting like everyone who’s successful is bad and that everyone who is rich is bad — I just don’t get it.”     Well, Jamie, mayhap I can ‘splain it to you.  You …

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