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Note the similarity between the Fed's actions and a drug dealer and his client. A shot of heroin will relieve the withdrawal symptoms, but only if the next dose is stronger.
The problem now is that the US has breached the point where it can service its debt out of real cash flows, and turning this around will require a severe devaluation of the US dollar.
The cost of insuring Treasury Debt - that's right, United States Treasuries - is forty times as expensive as it was in early 2007. Of course if that risk of default is ever realized, our way of life in America ends.
A McCain “adviser” told CNN: “She is a diva. She takes no advice from anyone.” Imagine not taking advice from the geniuses at the McCain campaign. What could Palin be thinking?Also, a “top McCain adviser” told Politico that Palin is “a whack job.” Ma
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 0.3 percent in the third quarter of 2008 ...
http://www.youtube.com/watch?v=zIOX9IQhL3M
Arizona R3VOlUTIONARY Oyate launches radio show, chat rooms say "not too bad".
Army Gen. Ray Odierno, the top U.S. military commander in Iraq, informed Iraqi officials last week that if their country doesn't agree to a new agreement governing American forces in Iraq, it would lose $6.3 billion in aid for construction, secur
A CIA-led raid on a compound in eastern Syria killed an al Qaida in Iraq commander who oversaw the smuggling into Iraq of foreign fighters whose attacks claimed thousands of Iraqi and American lives, three U.S. officials said Monday.
Al Qaeda's alleged former media director pledging to continue "jihad by word and pen." Yemeni captive Ali Hamza al Bahlul is on trial at Guantanamo where a jury of 9 US military officers will decide whether creating propaganda is a war
U.S. banks getting more than $163 billion from the Treasury Department for new lending are on pace to pay more than half of that sum to their shareholders, with government permission, over the next three years.
Save the jokes, the taunts and all those insults about the losingest team in sports. The Philadelphia Phillies just won themselves a World Series. If that sounds strange, it was strange. Nearly 50 hours after Game 5 started but was stopped by rain, B
Private rocketry took another big step here thanks to the persistence and space spunk of Armadillo Aerospace. After years of dedicated work, the team of rocketeers snagged a large chunk of prize money in the Northrop Grumman Lunar Lander Challenge.
Banks may be required to offer interest rate relief for strapped homeowners. But it's unclear who will qualify and if the plan would put a dent in foreclosures
Two Redflex Scameras assaulted and mugged 4409 ON VIDEO in broad daylight!
What might an amateur space sector look like? It is an important point that it does not need to be an integrated effort at all. It could constitute any form of participation, from contributing to a blog and no more to a full machine shop with at leas
America: Freedom to Fascism Filmmaker Aaron Russo has exposed first-hand knowledge of the elite global agenda during a video interview and live on Alex Jones' nationally-syndicated radio show.
YouTube Videos Parts 1 thru 3
(I was asked by a friend if there was a connection between the Insurer of the WTC and AIG. So I started to look)
Tuesday October 28, 2008 - Sherman Alexie
Tuesday October 28, 2008 - Steve Martin
Companies in North America have imported 200 million pounds of melamine laced milk powder, 20 million pounds or more by companies in the United States. Milk powder is used to make infant formula, candies, chocolates and baked goods.
Any more rate cuts would bring the funds rate to its lowest level since July 1958.
Following a two-day meeting that began Tuesday, the Fed announced it had cut its key interest rate by 50 basis points to 1%
In a move that has been the trademark of the market's volatility ever since Lehman Brothers' bankruptcy filing in mid-September, the Dow plunged more than 300 points in the last 12 minutes, dashing prospects for the first back-to-back
The Revolution will begin in the minds of the people the day after the election no matter who wins. Remember Remember the 5th of November
Now you can watch the votes flipping on video before your own eyes.
(Elections in America - Bottomline: If you are not voting on paper and hand counting them in front of witnesses immediately after the polls close, right then and there,... you don't know what happened.)
I was an observer at the Maricopa County Ballot Tabulations Center yesterday for their 'Logic and Accuracy' test of the Optical Voting Equipment. Did they tell you on the news that the first test failed? I didn't think so.
