The newspaper of record once again leads with a preposterous story on the receding threat of inflation.
“Consumer spending stayed stagnant in February, growing at the slowest pace in more than a year, as the housing slump and a weak job market continued to put pressure on the pocketbooks of Americans. The number helped drive the markets lower Friday.
At the same time, inflation receded and Americans took home slightly more income, a pair of positive developments that suggest a weak economy, not a collapsing one.”
Never mind that inflation is roaring, the key words here are “not a collapsing one” in reference to our economy. This is exactly backwards of course as evidence of the implosion is everywhere. The ongoing insider rout on Wall Street, though hidden from us peasants, must be ferocious for them to even mention the word collapse. For the first time, private investment / equity firms are being bailed out by the Federal Reserve, and to the tune of hundreds of billions of dollars. The bankrupt firms are bellying up to the trough, and exchanging the worthless collaterelized debt that took them under for mountains of freshly printed dollars.
Incredible!
Still no word from Zombie Nation which is surprising as this is about the money, not some esoteric, far flung, abstract concept like, illegal war, loss of constitutional rights, the deaths of millions, or torture and the descent into tyranny. You know the unimportant stuff.
Oh well. Once again average Americans will be left to do what we do best, hold the proverbial bag and try to look good doing it.
I snagged a copy of the NY Times front section at a Starbucks’ yesterday. Turning to the Op-Ed page, I read an editorial by Nicholas Kristoff on the glorified food fight being waged by the Democratic candidates. Most of the editorial has the usual mind-numbing banality that passes for informed opinion today, but I did find one nugget that shows us yet again there is not a dime’s worth of difference between the two political parties.
“Meanwhile, the big winner of the Democratic fist-fighting is Senator McCain. A Gallup poll released Wednesday found that 19 percent of Mr. Obama’s supporters said they would vote for Mr. McCain in the general election if Mrs. Clinton were the nominee. More startling, 28 percent of Mrs. Clinton’s supporters said they would defect to Mr. McCain if Mr. Obama were the nominee.”
Next I suppose comes the stamping of feet and holding of breath. Sheesh. What a bunch.
Then there is this.
I can assure you all, gentle readers, this is reality in America.
Dear D…,Thanks for the link to Ron Paul story at Time.
As most articles in our Main Stream Media do, it misleads the reader whenever possible. Let us examine a few of the examples of why this is so.
Dr. Paul is the champion of the Constitution. The Constitution is not perfect as it is the product of the minds of men, but without a doubt it is the most beautiful contract between the people and it’s government ever written. Our Constitution was enacted to limit the power of government over the individual. A glance at today’s headlines shows how far we have drifted from it’s liberating principles. Much of the original Bill of Rights has been legislated out of existence by an Executive and Judicial Branch run wild. Law has been enacted in this country through executive order and the court system, not the legislative branch, a practice the founders would have found abhorrent.
Dr. Paul is a non-interventionist, not an isolationist as the media constantly labels him. He believes in trade with other nations but not getting involved in the “entangling alliances” the founders warned of. As we now maintain, at back breaking cost, over 730 military bases in 130 countries we can see first hand how well “intervening” works out. It has bankrupted our country morally and economically, enriching a few at the expense of many. History is replete with examples of one empire after another falling to this folly. There are no success stories to be found.
The article makes light of the concept of “sound money”, asset backed currency versus the madness of our Federal Reserve System. Once again using history as our guide, all fiat, debt based currencies ultimately fail, enriching a few vs.the many. There are no success stories. An important video which should be seen by all can be found here.
I, like most Americans, have been fed a litany of historical nonsense by our government schools. I never learned a thing about Robert Taft, one of the greatest statesman this country ever produced. If Taft and his belief in personal freedom and liberty and a non-interventionist foreign policy makes one a “fuddy-duddy” as the article claims, then I am one of the fuddiest of the duddiest.
The author’s claim that Ron Paul opposed using taxpayer money to issue a Medal of Freedom to Rosa Parks, one of his professed heroines, excludes his statement in the House where he took a $100 bill out of his wallet and encouraged his fellows to do the same so that a medal could be purchased at no cost to the taxpayer. No one took him up on his offer.
The lumping of Paul with Ralph Nader perpetuates the false left-right political paradigm that is constantly used to keep our country divided. There is not a dime’s worth of difference between the two political parties today. Paul’s supporters come from all political affiliations and we are united by our belief in freedom and liberty for everyone.
The statement that the American people will not support a candidate “who opposes the war in Iraq as well as higher taxes, the war on drugs as well as higher spending, restrictions on privacy as well as restrictions on guns.” is propaganda in it’s purest form.
I believe that the “in your face” media blackout and coordinated misinformation campaign of this principled man shows the power of his ideas and beliefs and has absolutely nothing to do with “kookiness”.
I was on a housecall yesterday at an address to which I had been before. The couple, in their 80’s, had first contacted me a year or so ago. They had a piece of Dutch furniture descended in her family that they wanted to sell and while we did not come to terms on the cabinet we did have a thoughtful pleasant conversation. I left that day wishing them well and moved on.
The woman called again last week and we set up our most recent appointment. I was greeted at the door and ushered in by the husband. As the cabinet set right near the entry we got down to business quickly. I asked the current price and he quoted the same number we had parted on a year ago. Oh well, I thought, at least they lived close. Not much wasted time.
While we were talking, his wife entered the room from the hall. I could tell at a glance that she was not well. Steadying herself at the back of an armchair she asked about the sale of the cabinet. I explained that the price was still more than I felt I could pay, yadda yadda. She raised her hand and taking a seat said, “Look, I’m dying, and I would like to sell this cabinet.” “What is your offer?” At this point the husband sat in a chair such that the three of us were arranged in a triangle about ten feet from each other. I threw out a figure and she looked at me and said “Done.”
I now sat down myself. “So. Big changes are coming.” I said. Oh yes, very big changes, and soon, they both agreed. We spoke matter of factly of hospice and family and could she stay in her home til the end. They seemed to have their ducks in a row. The afternoon light was streaming in on us as we sat together, pensively. I began to speak of perception and energy and waves. How our senses work only in a very narrow band and as remarkable as they are, their readings though profound to us, are the faintest scent a mere whiff of what is moving around and through us at all times. That when it becomes our time to go, I believe we don’t go very far at all. The wife listened with eyes closed.
My leaving seemed right at this point and I thanked them for their business. As we shook hands at the door the husband said how pleased they both were that we were able to talk today.
……’Now think: How can the silver price drop by nearly $2/oz., when all these reports come in saying that the dealers are sold out, or nearly out, of physical silver? This is the clearest evidence of paper short selling manipulation that I’ve ever seen since I started watching the silver market back in 1999, and I’ve seen a lot of evidence!’…..
‘Caucuses in Missouri, held only in presidential election years, are typically low-key affairs attended mainly by party diehards. But this year, the pro-Paul activists commandeered gatherings in the city of St. Louis, St. Louis County, Kansas City and Springfield. Paul supporters also controlled caucuses in at least a half dozen rural counties.’
‘Sometimes I’m pretty sure I’ve unknowingly fallen into an alternate universe and more and more, I know I am a stranger in a strange land. It’s hard to pinpoint exactly when this odd change occurred in our society and when it became acceptable to arrest and handcuff young children, but in this brave new world we are living, it seems to be approaching the norm. I wonder where common sense has gone and I ache for the children growing up under these over-the-top rules that have become so popular these days.’
‘And who’s next after bankrupt Bear, Stearns? Lehman Brothers? They can all count on a bailout. As a prominent German economist told me this weekend, the central bank will ignite global hyperinflation rather than let Wall Street and the big banks go down. That is, the counterfeiter to the power elite, the Federal Reserve, and its allies in the imperial satellite states, will impoverish us and the world to try to save the state-connected rich. No wonder the intellectuals employed by the Rockefeller World Empire, the Kochtopus, etc. love the Fed, and oppose Ron Paul and everyone else who tells the truth about central banking. ‘
…..”In the 21st century, he said, “You offend God not only by stealing, blaspheming or coveting your neighbor’s wife, but also by ruining the environment, carrying out morally debatable scientific experiments, or allowing genetic manipulations which alter DNA or compromise embryos.” …
…”In other words, gold is an inflation hedge. But that is only one of gold’s advantages. There is also another valuable reason to own gold, and significantly, this other reason is becoming increasingly important.
Gold is also a catastrophe hedge. Gold enables us to protect our wealth from a financial meltdown because it does not have counterparty risk.”…
…”Barack Obama faced potential damage to his campaign yesterday after television networks aired footage of sermons by the former pastor of Obama’s church likening the Democratic frontrunner to Jesus and declaring: “God damn America.”
A 10 minute interview with Mike Wallace and a composed defense of her positions on personal liberty and freedom.
I was always lead to believe, through my government schooling, that Ayn Rand was nuts and dangerous. Like many I did not check my government approved opinion with reality, you know like, actually reading any of her work.
‘Rumors are the Paul followers plan to flood the caucuses and will try to overturn the already established rules regarding how Missouri’s delegation will vote at the National Convention in St. Paul this summer.’
The New York Times thinks very little of it’s reader’s intelligence. A lede story most of the day was “Inflation Held Steady In February.”
The inflation model and numbers used by the Fed are hugely misleading. Their ‘core inflation’ rate excludes food and energy prices. A general inflationary statistic arrived at without those staples factored in defines useless. Unless of course one was also using it to figure the annual cost of living increases for our seniors. Hmmmm.
The impunity with which these people both issue and print misinformation is a thing to behold.
‘JPMorgan Chase says that in conjunction with the Federal Reserve Bank of New York it will provide temporary funding for Bear Stearns.
The funding will be provided as necessary for up to 28 days. During that time, JPMorgan Chase will also help Bear Stearns find permanent financing.
Bear Stearns says its liquidity significantly deteriorated over the past day and the temporary funding will help it continue operating normally. The investment bank added there is no guarantee any permanent strategic alternatives will be successful.’
…..”With some processing, and some added flavorings, preservatives, sweeteners, emulsifiers and synthetic nutrients, they turned soy protein isolate, “the food processors’ ugly duckling,” as Sally Fallon put it, “into a New Age Cinderella.”
What they did not know is that their processing could not come close to the traditional fermentation process that took place before any ancient cultures would consume soy.” ….
…’The name on most people’s lips was Bear Stearns. Although the Fed billed the co-ordinated rescue as a way of improving liquidity across financial markets, economists and analysts said that the decision appeared to be driven by an urgent need to stave off the collapse of an American bank.’ …
‘NaturalNews has also learned that HPV vaccines have been proven to be flatly worthless in clearing the HPV virus from women who have already been exposed to HPV (which includes most sexually active women), calling into question the scientific justification of mandatory “vaccinate everyone” policies.
Furthermore, this story reveals evidence that the vaccine currently being administered for HPV — Gardasil — may increase the risk of precancerous cervical lesions by an alarming 44.6 percent in some women. The vaccine, it turns out, may be far more dangerous to the health of women than doing nothing at all.’
From AP: ‘House Democratic leaders agreed Thursday to a rare closed-door session — the first in 25 years — to debate surveillance legislation.
Republicans requested privacy for what they termed “an honest debate” on the new Democratic eavesdropping bill that is opposed by the White House and most Republicans in Congress.
The closed-door debate was scheduled for late Thursday night, after the House chamber could be cleared and swept by security personnel to make sure there are no listening devices.’
Another robbery of the American people.
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