From reader EBW comes an analysis of Ben Bernanke’s rhetorical methods: Bernanke employs an elementary tactic in rhetorical obfuscation; i.e., presenting a problem without explaining the cause but going immediately into the prescription to be taken to counter its deleterious effects. This tactic is helpful because it exonerates the FED from being implicated in the [...]
Archives for August, 2011
Good Comment from reader EnoughRope on What Will It Be Like After the Collapse? Monty, instead of waiting for a collapse, Governors throughout the nation, and those along the southern border such as Perry, Brewer, and Jindal, should use the power of their elected offices to nullify federal laws and regulations which are clearly intended [...]
The Federal Reserve is in over its head. It is trying to solve a fiscal policy created by feckless, cowardly politicians. Monetary policy cannot solve this problem. For a while it was able to cover it up somewhat. That point has been passed. Today, the Fed will make another announcement. There is little question that [...]
Those who wonder what will happen when the economy/government collapses may not have to wonder for long. Things seem to be deteriorating rather rapidly both here and abroad. Karl Denninger speculated about what a collapse means and provided a partial list of what he expects: Every pension fund blows up. All of them. Many doubled [...]
This film provided me with a “Juan Williams moment.” You recall where he said on NPR about being nervous when he saw Muslims in garb boarding his plane. That got Juan fired, but that’s another issue. I have Juan’s reaction (fear) every time I watch this scary video. What terrible monsters these Partiers!