I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.- Thomas Jefferson.

debt clock

Wednesday, April 7, 2010

The temperature in Hell just dipped below 32F degrees!

I agree w Robert Reich!  The blame for the current financial crisis rests squarely on the shoulders of Bob, Alan, and Larry (Moe, Larry, and Curly?), although they clearly had a lot of help, and the problems go back to the abandonment of the gold standard by Nixon in 1971, gold confiscation by FDR in 1933, and the Federal Reserve Act of 1913.

Greenspan, Summers, and Why the Economy Is So Out of Whack

By Robert Reich - April 6, 2010, 8:48AM

I'm in the "green room" at ABC News, waiting to join a roundtable panel discussion on ABC's weekly Sunday news program, This Week.

Alan Greenspan is now being interviewed. He says he bore no responsibility for the housing bubble that catapulted the nation into a financial crisis in 2008 because no one could have known about the bubble when he chaired the Fed in the years before it burst. Larry Summers was interviewed just before Greenspan. He said the economy is expanding, that the Administration is doing everything it can to bring jobs back, and that the regulatory reform bills moving on the Hill will prevent another financial crisis.

What?  read on

And now Mainstream Media, current adminstration, congress, and most of the American sheeple call on the same MORONS who got us into this mess to save us?  Greenspan drones on, on This Week, citing obscure stats and other pabulum to convince us that the worst is over.  Really?  I invite my readers to find a single person who can understand and translate Greenie's obfuscacademic claptrap anyway.  Please direct your attn to the middle of the above made up word- "CA-CA"

Yes, the graph above clearly shows the recovery has begun.

But is there something going on behind the scenes?  Is Greenspan secretly waging a war on the banking Cabal and delibrately destroying paper money and the banking system?  Bix Weir has been claiming this w his Road to Roota theory.  It's a little far-fetched, but certainly has some likable aspects to it.  His latest post-

Alan Greenspan testifies before the Angelides Commission about the causes of the financial crisis. Even though he will be under oath I'm sure that the commission has been coached with their script to ask those softball questions that Greenspan can babble for hours about. Congressmen make lousy actors.

...but what if someone else got to ask the questions? And what if Greenspan actually told THE REAL TRUTH this time? The truth that only a few people in the world know!


No real news from the CFCT hearings on Gold manipulation, but plenty of commentary.  It seems more and more sceptics are being persuaded by the clear evidence of manipulation presented at these hearings.

Is Your Safe Haven a House of Cards?
Commentary: Gold-conspiracy theories go mainstream

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