Orwellian Finance: Is 1984 Happening in 2009? [View article]
Hear, Hear - brilliant compendium of current events, history, and trends over the past century. We are indeed in an increasingly Orwellian / Huxley society and the sheeple accept the soma of government bread and circus programs while their liberties and wealth are stealthily stolen by the government. Everything under the name of the pursuit of "security." Why does FEMA exist??? It is just one more government agency to engage in fingerpointing with (2) state and (3) local governments when things go wrong. If there weren't expectations that Uncle Sam would be bringing zillions of USDs along with him to the site of an emergency, the locals would have NONE OF IT - that's for sure.
If there were a federal balanced budget amendment NONE of this would be happening because those yellow pols wouldn't have the nerve to raise a nickel of taxes to pay for any of it.
The accommodative Federal Reserve should be shut down immediately. A national government policy that says "we don't believe in positive interest rates" after generating 3 rolling asset bubbles by a less extreme implementation of the same policy is setting up the mother of all bubbles in treasuries.
How quickly we have squandered our position as an international leader. Our only hope is in a balanced budget amendment and term limits ASAP!
Orwellian Finance: Is 1984 Happening in 2009? [View article]
If there were a federal balanced budget amendment NONE of this would be happening because those yellow pols wouldn't have the nerve to raise a nickel of taxes to pay for any of it.
The accommodative Federal Reserve should be shut down immediately. A national government policy that says "we don't believe in positive interest rates" after generating 3 rolling asset bubbles by a less extreme implementation of the same policy is setting up the mother of all bubbles in treasuries.
How quickly we have squandered our position as an international leader. Our only hope is in a balanced budget amendment and term limits ASAP!