Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label Credit Crisis. Show all posts
Showing posts with label Credit Crisis. Show all posts
28 July 2009

Janet Yellen Channels Ronald Reagan: "Deficit's Don't Matter"

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"You know, Paul, Reagan proved deficits don't matter." Dick Cheney to Paul O'Neill The mainstream media is reporting that...
16 April 2009

Second Largest US Commercial Retail Real Estate Company Files for Bankruptcy

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This is the tip of the iceberg, still the early stages of failures in the real economy which has been distorted beyond all reason by the out...
15 April 2009

This Is Your Economy on Credit Crack - and Heading for a Crack-Up

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Here is a clear and simple explanation of why we may have already passed the point at which the Fed and Treasury will have no choice but to ...
06 November 2008

Credit Card Bond Sales Zero As the Credit Markets and Consumption Engines Stalls

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Approaching our economic problems through crony capitalist bailouts of a few large banks (speculative investment banks by any other name) wi...
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