The bailout money that AIG give out in bonuses amounts to one one thousanth of a percent of their total bailout package. All the MSM outlets are going on and on about the "outrage" of the American people while back at the Fed the printing presses punched out another 1.25 TRILLION sending the dollar down 3 plus percent.
.....AIGs bonuses were $160,000,000. The Fed printed $1,250,000,000,000. This is the true outrage. The more there is of a thing the less valuable those things become; economics 101. The Fed picked your pocket yesterday.
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http://rawstory.com/news/2008/Paul_Bill_to_tax_bonuses_unconstitutional_0319.html
Friday, March 20, 2009
Saturday, March 14, 2009
Thomas Paine
"The duty of a patriot is to protect his country from it's government."
..........Thomas Paine
..........Thomas Paine
Monday, March 9, 2009
Commercial real estate
Commercial real estate is supposedly the next domino to fall in this unfolding crisis. Here is a relevant article:
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http://www.bloomberg.com/apps/news?pid=20601109&sid=aVyOvEG8AoZw&refer=home
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http://www.bloomberg.com/apps/news?pid=20601109&sid=aVyOvEG8AoZw&refer=home
A different approach:
I'm changing the emphasis of this blog. World events are too chaotic and my personnal focus has clearly shifted toward following them and trying to put the word out to people. I'll be posting a lot of videos and related articles. Enjoy?
Sunday, February 22, 2009
Monday, February 16, 2009
Adaptable
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”
..........................Charles Darwin
..........................Charles Darwin
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