Leftfield's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/84036/comments http://seekingalpha.com/article/1435941/comments?source=feed#comment-18840221 18840221
Thus it appears sovereign is truly the main course and the real elephant in the room as it rises to the highest possible price while supply surges far beyond any previously known bounds.]]> Wed, 15 May 2013 07:58:38 -0400
Thus it appears sovereign is truly the main course and the real elephant in the room as it rises to the highest possible price while supply surges far beyond any previously known bounds.]]> http://seekingalpha.com/article/1432651/comments?source=feed#comment-18803001 18803001
Aging demographics, whose arrival now as the article pointed out have been no secret for decades, exacerbate the policies of increasingly squandering the future by vast and increasing borrowing for today that governments in "advanced" economies have used to keep their jobs for too long. Buying votes in this way for multiple generations has led to such epic mainvestment and overfeeding at the public trough in Western economies.

The dynamic of organizing societies as ever-larger entities may well change as the centuries-old formation of ever-larger nations and supra-national bureaucratic structures with endlessly added costs and edicts issued seem to have reached it's peak of funny money creation and financing. As politicians now are clearly losing the ability to buy votes to placate their increasingly unemployed and under-employed masses, bloated and vastly wasteful ponzi-financed governments and bureaucratic entities such as the EU will be forced to retreat and finally shrink over time no matter the upheavals and unrest that will accompany the process.]]> Tue, 14 May 2013 08:46:59 -0400
Aging demographics, whose arrival now as the article pointed out have been no secret for decades, exacerbate the policies of increasingly squandering the future by vast and increasing borrowing for today that governments in "advanced" economies have used to keep their jobs for too long. Buying votes in this way for multiple generations has led to such epic mainvestment and overfeeding at the public trough in Western economies.

The dynamic of organizing societies as ever-larger entities may well change as the centuries-old formation of ever-larger nations and supra-national bureaucratic structures with endlessly added costs and edicts issued seem to have reached it's peak of funny money creation and financing. As politicians now are clearly losing the ability to buy votes to placate their increasingly unemployed and under-employed masses, bloated and vastly wasteful ponzi-financed governments and bureaucratic entities such as the EU will be forced to retreat and finally shrink over time no matter the upheavals and unrest that will accompany the process.]]> http://seekingalpha.com/article/1418421/comments?source=feed#comment-18626661 18626661 Thu, 09 May 2013 11:34:43 -0400 http://seekingalpha.com/article/1417921/comments?source=feed#comment-18625401 18625401
So, a declining headline unemployment rate is not necessarily indicative of real recovery at all. Maybe the Washington fixers have outsmarted even themselves with their self-congratulatory numbers this time.]]> Thu, 09 May 2013 11:14:13 -0400
So, a declining headline unemployment rate is not necessarily indicative of real recovery at all. Maybe the Washington fixers have outsmarted even themselves with their self-congratulatory numbers this time.]]> http://seekingalpha.com/article/1418421/comments?source=feed#comment-18624371 18624371
Only, Apple stands on it's own, but as this article points out, their are many and varied subsidies mandated by the government czars and fixers who run the "global warming science" scam and whose statistics grow more suspect every year as they, for example, destroy vast acreage of farmland while depleting priceless aquifers mandating growing corn for fuel.

Breaking down results into real-world figures brings on great antagonism rather than a simple thankyou from Teslaphytes whose lucky number has won the Wall Street casino roulette wheel spin for now but whose results, both in vehicle performance and investment returns, are unlikely to stand the test of time.]]> Thu, 09 May 2013 10:57:55 -0400
Only, Apple stands on it's own, but as this article points out, their are many and varied subsidies mandated by the government czars and fixers who run the "global warming science" scam and whose statistics grow more suspect every year as they, for example, destroy vast acreage of farmland while depleting priceless aquifers mandating growing corn for fuel.

Breaking down results into real-world figures brings on great antagonism rather than a simple thankyou from Teslaphytes whose lucky number has won the Wall Street casino roulette wheel spin for now but whose results, both in vehicle performance and investment returns, are unlikely to stand the test of time.]]> http://seekingalpha.com/article/1407101/comments?source=feed#comment-18566811 18566811
"Of the domestic respondents that reported having eased either standards or terms on C&I loans over the past three months, all but one cited more-aggressive competition from other banks or nonbank lenders as an important reason for having done so. About 40 percent of respondents that had eased their C&I loan policies cited a more favorable or less uncertain economic outlook as a somewhat important or very important reason."

Back to the borrowing races, which includes GM and it's old, previously spun off subprime financing arm, Ally Financial, adding as many future deadbeat buyers as possible (and investments in China) for it's "recovery" while housing benefits from more of the same lending that spawned the subprime implosion and Wall Street uses it's access to ZIRP to pay cash for a huge chunk of housing in America to securitize them and sell the resultant financial product to investors who hope to turn millions of jobless Americans into profitable renters. While margin debt reaches new heights and many of the same practices prevail that brought us the 2008 Wall Street implosion.

It all "works" until it doesn't.]]> Wed, 08 May 2013 02:36:05 -0400
"Of the domestic respondents that reported having eased either standards or terms on C&I loans over the past three months, all but one cited more-aggressive competition from other banks or nonbank lenders as an important reason for having done so. About 40 percent of respondents that had eased their C&I loan policies cited a more favorable or less uncertain economic outlook as a somewhat important or very important reason."

Back to the borrowing races, which includes GM and it's old, previously spun off subprime financing arm, Ally Financial, adding as many future deadbeat buyers as possible (and investments in China) for it's "recovery" while housing benefits from more of the same lending that spawned the subprime implosion and Wall Street uses it's access to ZIRP to pay cash for a huge chunk of housing in America to securitize them and sell the resultant financial product to investors who hope to turn millions of jobless Americans into profitable renters. While margin debt reaches new heights and many of the same practices prevail that brought us the 2008 Wall Street implosion.

It all "works" until it doesn't.]]> http://seekingalpha.com/article/1410711/comments?source=feed#comment-18553181 18553181
Windows 8 may have all kinds of potential as many SA articles have opined, yet the sheer volume of screwups and wrong moves makes for a high probability that Microsoft will manage to snatch defeat or at least a continued slow decline into irrelevance for consumers, from potential victory with their latest offerings.

Arrogance, a dysfunctional corporate culture and a CEO like Steve Ballmer who seems to spend too much time thinking Microsoft can simply hand down buggy products at high prices to eager millions as though we were still in the 1990's, is are tall hurdles for potential partnerships for any company that has alternatives.]]> Tue, 07 May 2013 16:49:43 -0400
Windows 8 may have all kinds of potential as many SA articles have opined, yet the sheer volume of screwups and wrong moves makes for a high probability that Microsoft will manage to snatch defeat or at least a continued slow decline into irrelevance for consumers, from potential victory with their latest offerings.

Arrogance, a dysfunctional corporate culture and a CEO like Steve Ballmer who seems to spend too much time thinking Microsoft can simply hand down buggy products at high prices to eager millions as though we were still in the 1990's, is are tall hurdles for potential partnerships for any company that has alternatives.]]> http://seekingalpha.com/article/1306931/comments?source=feed#comment-18544401 18544401
And of course, the consequences of Bernanke's monetary sugar high wearing off again will likely prove more catastrophic than at any time previously as the largely politicized malinvestment addiction of the US has never required throwing more good fiat after bad to continue things as they are.

Still, this comment stream shows again the architects and advocates of these mountains of bad paper written, securitized, leveraged and "insured" under ludicrous standards who have retained even their performance bonuses has only encouraged a continuation of the same practices while laughing it all off as someone else's doing and playing word games.]]> Tue, 07 May 2013 13:42:52 -0400
And of course, the consequences of Bernanke's monetary sugar high wearing off again will likely prove more catastrophic than at any time previously as the largely politicized malinvestment addiction of the US has never required throwing more good fiat after bad to continue things as they are.

Still, this comment stream shows again the architects and advocates of these mountains of bad paper written, securitized, leveraged and "insured" under ludicrous standards who have retained even their performance bonuses has only encouraged a continuation of the same practices while laughing it all off as someone else's doing and playing word games.]]> http://seekingalpha.com/article/1306931/comments?source=feed#comment-18526181 18526181
Jim Myrtle is content take shots at any details of comments which deviate from accepted Wall Street-Speak which he is apparently conversant in, without shedding light on the practices that have laid the US and Western economies low beyond the fact that too many of the little people assumed mortgages they were unqualified for. As though the underwriters and financial professionals and engineers throughout the process are merely innocent victims.]]> Tue, 07 May 2013 07:28:01 -0400
Jim Myrtle is content take shots at any details of comments which deviate from accepted Wall Street-Speak which he is apparently conversant in, without shedding light on the practices that have laid the US and Western economies low beyond the fact that too many of the little people assumed mortgages they were unqualified for. As though the underwriters and financial professionals and engineers throughout the process are merely innocent victims.]]> http://seekingalpha.com/article/1406391/comments?source=feed#comment-18505071 18505071
At a time when the official and MSM memory holes seem to have swallowed all evidence of the momentous transgressions of their kleptocratic benefactors on Wall Street and in Washington since 2008, this interview with Janet Tavakoli keeps alive the idea and the hope that there are a few expert witnesses remaining who are willing and able to tell the truth with such credibility and clarity.]]> Mon, 06 May 2013 15:48:48 -0400
At a time when the official and MSM memory holes seem to have swallowed all evidence of the momentous transgressions of their kleptocratic benefactors on Wall Street and in Washington since 2008, this interview with Janet Tavakoli keeps alive the idea and the hope that there are a few expert witnesses remaining who are willing and able to tell the truth with such credibility and clarity.]]> http://seekingalpha.com/article/1404741/comments?source=feed#comment-18486561 18486561
RIQ - There you go again, revealing that "the citizenry" are the property of the state in your mind. When it is the citizenry in the US who are granted the right to bestow limited powers on their government under the Constitution.

Let the states balance their budgets by cutting down on their more-than-ample and ever-increasing waste, fraud and abuse before they even think of coming to us for even more of our hard-earned fiat scrip, for a change.]]> Mon, 06 May 2013 08:37:31 -0400
RIQ - There you go again, revealing that "the citizenry" are the property of the state in your mind. When it is the citizenry in the US who are granted the right to bestow limited powers on their government under the Constitution.

Let the states balance their budgets by cutting down on their more-than-ample and ever-increasing waste, fraud and abuse before they even think of coming to us for even more of our hard-earned fiat scrip, for a change.]]> http://seekingalpha.com/article/1404741/comments?source=feed#comment-18486291 18486291
There needs to be a long-overdue focus by private domestic US businesspeople on the true enemy of their livelihoods and way of life, the omnipresent state, rather than on spreading the pain more equally, before the US has a hope of re-ascending to the economic primacy it once enjoyed when government was held much closer to Constitutional limits and legitimate functions.]]> Mon, 06 May 2013 08:29:28 -0400
There needs to be a long-overdue focus by private domestic US businesspeople on the true enemy of their livelihoods and way of life, the omnipresent state, rather than on spreading the pain more equally, before the US has a hope of re-ascending to the economic primacy it once enjoyed when government was held much closer to Constitutional limits and legitimate functions.]]> http://seekingalpha.com/article/1361011/comments?source=feed#comment-18457121 18457121
Actually the aim of every major successful business model in the West has long been to evolve previously expensive custom applications into commoditized replication that can be easily performed by low cost labor or dunces. Older high-cost products and services get eaten at the margin until they are nearly irrelevant unless they can change and adapt competitively, which IBM has an unequaled track record of doing....in the past.]]> Sun, 05 May 2013 08:43:15 -0400
Actually the aim of every major successful business model in the West has long been to evolve previously expensive custom applications into commoditized replication that can be easily performed by low cost labor or dunces. Older high-cost products and services get eaten at the margin until they are nearly irrelevant unless they can change and adapt competitively, which IBM has an unequaled track record of doing....in the past.]]> http://seekingalpha.com/currents/post/999111?source=feed#comment-18453201 18453201
Those public balance sheets that have bloated to unprecedented levels to support uneconomic interests and malinvestments cannot withstand rising interest rates once the QE teaser rates expire.]]> Sun, 05 May 2013 00:19:54 -0400
Those public balance sheets that have bloated to unprecedented levels to support uneconomic interests and malinvestments cannot withstand rising interest rates once the QE teaser rates expire.]]> http://seekingalpha.com/article/1394511/comments?source=feed#comment-18364671 18364671
Answer: Once again, JCP is stuck in it's declining rut from the past except deeper in debt with fewer customers after a brief, delusional interlude as a wannabe Apple store trying to sell Chinese commodity merchandise at high prices.]]> Thu, 02 May 2013 13:42:14 -0400
Answer: Once again, JCP is stuck in it's declining rut from the past except deeper in debt with fewer customers after a brief, delusional interlude as a wannabe Apple store trying to sell Chinese commodity merchandise at high prices.]]> http://seekingalpha.com/article/1370771/comments?source=feed#comment-18090781 18090781
Intrinsic value will be found even among today's favorite tulips such as Tesla (hint: far, far lower) which for now rival the worst excesses of the dotcom bubble. For now.]]> Thu, 25 Apr 2013 14:05:06 -0400
Intrinsic value will be found even among today's favorite tulips such as Tesla (hint: far, far lower) which for now rival the worst excesses of the dotcom bubble. For now.]]> http://seekingalpha.com/article/1354001/comments?source=feed#comment-17831591 17831591
No, that the US government and it's cheerleader beneficiaries, academic and otherwise, are hellbent on consuming as much US capital and squandering it as uselessly as possible growing itself and it's codependent interests is the greatest threat to a recognizable US recovery from appearing.....ever. As these threats consume and deter private enterprise they create dangers far beyond the economic as tyranny, long incubated in a dumbed-down, more easily herded and increasingly dependent US citizenry, has become the all-too-easily imposed default position of Washington.

Of course vicious statists will claim throughout any of this as they always do that they have the higher calling, insight and studies to justify hijacking ever higher levels of capital from grubby private enterprise to finance their "high" aspirations all the more as their failures and collateral damage mount.]]> Fri, 19 Apr 2013 10:30:12 -0400
No, that the US government and it's cheerleader beneficiaries, academic and otherwise, are hellbent on consuming as much US capital and squandering it as uselessly as possible growing itself and it's codependent interests is the greatest threat to a recognizable US recovery from appearing.....ever. As these threats consume and deter private enterprise they create dangers far beyond the economic as tyranny, long incubated in a dumbed-down, more easily herded and increasingly dependent US citizenry, has become the all-too-easily imposed default position of Washington.

Of course vicious statists will claim throughout any of this as they always do that they have the higher calling, insight and studies to justify hijacking ever higher levels of capital from grubby private enterprise to finance their "high" aspirations all the more as their failures and collateral damage mount.]]> http://seekingalpha.com/article/1353161/comments?source=feed#comment-17817821 17817821
Too bad for blowhard, self-dealing politicians (98%) that money printing on such an epic scale isn't good for stocks, bonds or the economy for very long as each dollar printed or placed onto the public debt yields less and now sometimes negative economic results requiring ever-vaster policies of debasement and public insolvency to maintain even a farcical and fictitious "story" of recovery such as we have now.]]> Thu, 18 Apr 2013 22:48:37 -0400
Too bad for blowhard, self-dealing politicians (98%) that money printing on such an epic scale isn't good for stocks, bonds or the economy for very long as each dollar printed or placed onto the public debt yields less and now sometimes negative economic results requiring ever-vaster policies of debasement and public insolvency to maintain even a farcical and fictitious "story" of recovery such as we have now.]]> http://seekingalpha.com/currents/post/952301?source=feed#comment-17795281 17795281
So why then does Ebay abuse it's small sellers so relentlessly with disadvantageous rules and rising fees? These are the most engaged users of the site as buyers also, but fall afoul of some of Ebay's and Paypal's security alerts, like selling "excessive" merchandise even after a strong and lengthy track record, and they are treated like criminals. Or if they are lucky, like wayward children.

Oh, by the way, Feebay just increased it's commission on sales to a round 10%, astronomical especially when added to Paypal's 4%. Keep going to that well and someone, maybe Google, will step into the sea of seller discontent that Ebay CEO John Donahoe just can't resist adding to every time he needs to goose the often flagging results that stem from his anti-small-seller policies.]]> Thu, 18 Apr 2013 13:41:43 -0400
So why then does Ebay abuse it's small sellers so relentlessly with disadvantageous rules and rising fees? These are the most engaged users of the site as buyers also, but fall afoul of some of Ebay's and Paypal's security alerts, like selling "excessive" merchandise even after a strong and lengthy track record, and they are treated like criminals. Or if they are lucky, like wayward children.

Oh, by the way, Feebay just increased it's commission on sales to a round 10%, astronomical especially when added to Paypal's 4%. Keep going to that well and someone, maybe Google, will step into the sea of seller discontent that Ebay CEO John Donahoe just can't resist adding to every time he needs to goose the often flagging results that stem from his anti-small-seller policies.]]> http://seekingalpha.com/article/1343921/comments?source=feed#comment-17684621 17684621
Perpetual gold skeptics, Wall Street charlatans and political fixers may be crowing right now since the plunge in PM's, but the turmoil also appears to be a leading edge of large troubles under the surface of the largest fraudulent paper ponzi in history. This includes most Western sovereign debt and much leveraged TBTF "product," which portends dimmer days soon enough for them when wildly diverging markets revert to levels closer to their intrinsic values.]]> Tue, 16 Apr 2013 08:55:42 -0400
Perpetual gold skeptics, Wall Street charlatans and political fixers may be crowing right now since the plunge in PM's, but the turmoil also appears to be a leading edge of large troubles under the surface of the largest fraudulent paper ponzi in history. This includes most Western sovereign debt and much leveraged TBTF "product," which portends dimmer days soon enough for them when wildly diverging markets revert to levels closer to their intrinsic values.]]> http://seekingalpha.com/article/1328971/comments?source=feed#comment-17394511 17394511
No need when Apple products couldn't be kept in stock even at full price. Besides, the most successful products sold at say, Tiffany's, would never consider going downmarket all the way to Walmart unless they were having trouble moving their merchandise.]]> Tue, 09 Apr 2013 09:05:59 -0400
No need when Apple products couldn't be kept in stock even at full price. Besides, the most successful products sold at say, Tiffany's, would never consider going downmarket all the way to Walmart unless they were having trouble moving their merchandise.]]> http://seekingalpha.com/article/1329221/comments?source=feed#comment-17391261 17391261
Apparently the US has become such a dumbed-down nation of recipients of government checks that they will accept the portrayal of a continual loss of labor participation as a "reduced unemployment rate" while electing and re-electing politicians whose policies make private employment impossible and ZIRP borrowing rates for insiders that create incentives to automate and reduce employees further.]]> Tue, 09 Apr 2013 07:36:06 -0400
Apparently the US has become such a dumbed-down nation of recipients of government checks that they will accept the portrayal of a continual loss of labor participation as a "reduced unemployment rate" while electing and re-electing politicians whose policies make private employment impossible and ZIRP borrowing rates for insiders that create incentives to automate and reduce employees further.]]> http://seekingalpha.com/article/1328971/comments?source=feed#comment-17390501 17390501
And hopefully for them all of their investments aren't just just about hope and "close enough for government work."]]> Tue, 09 Apr 2013 06:57:12 -0400
And hopefully for them all of their investments aren't just just about hope and "close enough for government work."]]> http://seekingalpha.com/article/1329091/comments?source=feed#comment-17389991 17389991 Tue, 09 Apr 2013 06:06:21 -0400 http://seekingalpha.com/article/1323121/comments?source=feed#comment-17265891 17265891
The points of the article are well taken. CEO Whitman is obviously a highly skilled corporate infighter whose highest accomplishment may be in deflecting blame from herself for decisions she participated in fully. And she always talks the corporate-speak that worked at Ebay where she managed her undistinguished tenure by successfully milking a newly-rising cash cow but without reinvesting much into the shabby marketplace site. This left a huge opportunity for Amazon in ecommerce.

Talent at standard-issue corporate management and in the collection of personal bonuses demonstrates no indication that Meg Whitman has the vision HPQ requires in her alleged field of IT.]]> Fri, 05 Apr 2013 11:04:53 -0400
The points of the article are well taken. CEO Whitman is obviously a highly skilled corporate infighter whose highest accomplishment may be in deflecting blame from herself for decisions she participated in fully. And she always talks the corporate-speak that worked at Ebay where she managed her undistinguished tenure by successfully milking a newly-rising cash cow but without reinvesting much into the shabby marketplace site. This left a huge opportunity for Amazon in ecommerce.

Talent at standard-issue corporate management and in the collection of personal bonuses demonstrates no indication that Meg Whitman has the vision HPQ requires in her alleged field of IT.]]> http://seekingalpha.com/article/1317021/comments?source=feed#comment-17159721 17159721
Don't hold your breath. Corporate CEO's in the US are mainly glorified managers paid as if they were entrepreneurs. Wall Street bailouts were partially justified to keep those "prevailing levels" of compensation intact. After all, the dream of our political class in Washington is to sell out to the highest bidder and then take one of those megabucks jobs at the top level in the "private" sector upon retirement from "public service."

Ron Johnson did such a spectacularly bad job by driving JCP's sales down 30%+ last year that his dip in compensation is unusual. But he would have received a bonus had he run a TBTF corporation, marketed and leveraged fraudulent paper and required a taxpayer bailout. And the only reason the goalposts might not be moved for him to reap stock options at lowered benchmarks is the publicity his amazing feat of hubris and incompetence has attracted.

Still, he is likely to get at least a $10 million golden parachute plus lush lifetime benefits upon his exit, which would have paid for a lot of additional salesforce on the floor at JCP and proves the point of inane overcompensation at the top and the harm it does to businesses and government.]]> Wed, 03 Apr 2013 09:42:21 -0400
Don't hold your breath. Corporate CEO's in the US are mainly glorified managers paid as if they were entrepreneurs. Wall Street bailouts were partially justified to keep those "prevailing levels" of compensation intact. After all, the dream of our political class in Washington is to sell out to the highest bidder and then take one of those megabucks jobs at the top level in the "private" sector upon retirement from "public service."

Ron Johnson did such a spectacularly bad job by driving JCP's sales down 30%+ last year that his dip in compensation is unusual. But he would have received a bonus had he run a TBTF corporation, marketed and leveraged fraudulent paper and required a taxpayer bailout. And the only reason the goalposts might not be moved for him to reap stock options at lowered benchmarks is the publicity his amazing feat of hubris and incompetence has attracted.

Still, he is likely to get at least a $10 million golden parachute plus lush lifetime benefits upon his exit, which would have paid for a lot of additional salesforce on the floor at JCP and proves the point of inane overcompensation at the top and the harm it does to businesses and government.]]> http://seekingalpha.com/article/1313961/comments?source=feed#comment-17108781 17108781
Is a normal correction possible now in the bond market, with derivatives and insolvency by governments more widespread than ever? Treasuries will be at risk due to the blatant printing that will be required to sustain their lies and the follow on effect will obliterate much high yield/high risk paper even more.

Back testing has it's limits as do the sovereign balance sheets that have been trashed to bail out politically-connected failures. Softening the next crisis does not seem to have good prospects of succeeding via even more garish financial engineering at which time high yield bond results, like the stock market, will truly implode.]]> Tue, 02 Apr 2013 09:58:17 -0400
Is a normal correction possible now in the bond market, with derivatives and insolvency by governments more widespread than ever? Treasuries will be at risk due to the blatant printing that will be required to sustain their lies and the follow on effect will obliterate much high yield/high risk paper even more.

Back testing has it's limits as do the sovereign balance sheets that have been trashed to bail out politically-connected failures. Softening the next crisis does not seem to have good prospects of succeeding via even more garish financial engineering at which time high yield bond results, like the stock market, will truly implode.]]> http://seekingalpha.com/article/1310031/comments?source=feed#comment-17030341 17030341 Sun, 31 Mar 2013 08:33:32 -0400 http://seekingalpha.com/article/1308951/comments?source=feed#comment-17030021 17030021
Most newspapers long ago became mostly similar generic advocates of ever-growing government involvement in all issues and problems while ownership has narrowed to perhaps 6 major corporations, all the while denying the slant and opinionating in their "reporting." With the advent of the web and greater choices, they have become deserved victims of their mediocrity and hypocrisy who now must return to planet Earth or perish.]]> Sun, 31 Mar 2013 08:13:23 -0400
Most newspapers long ago became mostly similar generic advocates of ever-growing government involvement in all issues and problems while ownership has narrowed to perhaps 6 major corporations, all the while denying the slant and opinionating in their "reporting." With the advent of the web and greater choices, they have become deserved victims of their mediocrity and hypocrisy who now must return to planet Earth or perish.]]> http://seekingalpha.com/article/1306931/comments?source=feed#comment-16982371 16982371
Bingo. That's what a the US governments have been at for the last century since the illegitimate twins of the Fed and the income tax were forced onto the US people: Control, mandate and enslave us without necessarily taking title.

Defacto we have slouched to serfdom as entrenched banking, multinational corporate and political empire-building interests have ascended. Finally the demise of real political and entrepreneurial freedom that was once in sufficient quantity to create a US economy that was once unmatched in prosperity and solvency has left instead this mess of what they will seize next as public debts mount to levels never seen before in history.]]> Fri, 29 Mar 2013 11:09:47 -0400
Bingo. That's what a the US governments have been at for the last century since the illegitimate twins of the Fed and the income tax were forced onto the US people: Control, mandate and enslave us without necessarily taking title.

Defacto we have slouched to serfdom as entrenched banking, multinational corporate and political empire-building interests have ascended. Finally the demise of real political and entrepreneurial freedom that was once in sufficient quantity to create a US economy that was once unmatched in prosperity and solvency has left instead this mess of what they will seize next as public debts mount to levels never seen before in history.]]>