How the neo-liberals perverted Adam Smith @ http://www.ianfraser.org Mr. Fraser argues that our present brand of capitalism has distorted the ideas of its intellectual founder Adam Smith (AS), whose ideas were cherry-picked by the likes of Milton Friedman and the ‘Chicago School’ in the 1960s and 1970s and, with the help of political followers such as Ronald … Continue reading TYR 15 October 2012 reads
“….this is nothing less than legalized plunder of the american people”
"The Fed's sole purpose: keeping the banks afloat" – G. Edward Griffin @ Casey Research says Casey Summit speaker G. Edward Griffin, author of The Creature from Jekyll Island. He talks about the Fed's real role in the US economy and why – contrary to common belief – it is not this banking cartel's mission to act in the best interest … Continue reading “….this is nothing less than legalized plunder of the american people”
TYR 8 October 2012 reads
How to be a China bull @ China Financial Markets Michael Pettis dissects and challenges the notion that China's high growth rate will continue in the next decade. High debt and misallocation of resources stand in the way. Decline, Decay, Denial, Delusion & Despair @ The Burning Platform "I despair for my country that has chosen to … Continue reading TYR 8 October 2012 reads
TYR 4 October 2012 reads
Spanish Prisoners @ NYT The catalan secessionist movement has sound economic, cultural and historical roots. It should be respected. In all aspects but name, Catalonia is a colony of Spain. Chart Of The Day: The Rise Of Global Central Planning @ Zerohedge It starts like this..."there was a time when the world had (somewhat) free markets.". The … Continue reading TYR 4 October 2012 reads
TYR reads “The Real Reason Behind War”
by James E. Miller of the Ludwig von Mises Institute of Canada First some excerpts, then a comment, and finally the article. The excerpts: "As economist Joseph Salerno notes: We thus arrive at a universal, praxeological truth about war. War is the outcome of class conflict inherent in the political relationship – the relationship between ruler and ruled, … Continue reading TYR reads “The Real Reason Behind War”
TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997”
In the following video posted @ Casey Research, Mr.Hunt convincingly argues that the increase in debt levels in the economy from about 240% of GDP to 350% of GDP since 1997 is the real cause behind the stagnation of the standard of living in the USA during the same period. On a broader scale, the interventionist, … Continue reading TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997”
Hallelujah by Leonard Cohen
When he was about 60 Leonard Cohen (LC) decided to withdraw from public life and spend a long time in a Zen monastery in California. Meanwhile, somewhere else, his accountant was stealthily removing his earthly possessions, perhaps trying to help & foster LC's spiritual quest. Who knows, but coming back from deep meditative bliss LC has … Continue reading Hallelujah by Leonard Cohen
Will America be “engineered” into a war against Iran?
Alt-Market reports that a globalist think-tank suggests using an engineered event as excuse for war with Iran: "what is interesting about this discussion by the Washington Institute For Near East Policy, a Neocon (Globalist) think-tank, is that its primary purpose is not necessarily to debate the current political elements of the Iranian question. They aren't … Continue reading Will America be “engineered” into a war against Iran?
“How so? Breaking the law has now become a sort of routine”
In an interview with Die Presse, the former chief economist of the European Central Bank (ECB) discusses the latest decisions taken by this institution and asserts that from 2010 on, the ECB has given in to pressure from the outside ("Sie hat dem Druck von außen nachgegeben"). Asked about whether this pressure originated in the USA, … Continue reading “How so? Breaking the law has now become a sort of routine”
NYT: “All the News That’s Fit to…Serve the Powerful”
Daniel Simpson, former NYT journalist was recently interviewed by Russia Today. In the interview he explains the way the NYT really works: "All the News That's Fit to...serve the powerful". He has just published a book, "A Rough Guide to the Darkside", where he explains how he "threw away a career as a foreign correspondent, aghast at … Continue reading NYT: “All the News That’s Fit to…Serve the Powerful”
The Yogi Rock 