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	<title>Monty Pelerin&#039;s World &#187; Favorites</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>Why America Hates Its Politicians So Much</title>
		<link>http://www.economicnoise.com/2012/01/27/why-america-hates-its-politicians-so-much/</link>
		<comments>http://www.economicnoise.com/2012/01/27/why-america-hates-its-politicians-so-much/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 10:14:19 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[ethics]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[knowledge]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Political System]]></category>
		<category><![CDATA[State of the Union]]></category>
		<category><![CDATA[Truth]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=26092</guid>
		<description><![CDATA[Another State of the Union speech has come and gone. These speeches are predictable, useless, boring and purely political. Supporters of the party in power rave about matters such as &#8220;vision,&#8221; &#8220;compassion,&#8221; &#8220;fairness&#8221; and &#8220;the future.&#8221; Detractors focus more on reality &#8212; the present and the distortions, contradictions and, yes, outright lies contained in the message. <a href='http://www.economicnoise.com/2012/01/27/why-america-hates-its-politicians-so-much/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>The Social Welfare State – Motivated Not By Compassion But Political Self-Interest</title>
		<link>http://www.economicnoise.com/2012/01/26/the-social-welfare-state-%e2%80%93-motivated-not-by-compassion-but-political-self-interest/</link>
		<comments>http://www.economicnoise.com/2012/01/26/the-social-welfare-state-%e2%80%93-motivated-not-by-compassion-but-political-self-interest/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 12:14:13 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=26079</guid>
		<description><![CDATA[The siren song of Socialism contains the seeds of destruction that now threaten the very foundations of civilization.  Socialism as a disease progresses slowly, but has been undway for more than 100 years. The malignancy is now metastasizing. Unfortunately we are the generations that will experience its pernicious outcomes. Feckless politicians blame anyone and everything <a href='http://www.economicnoise.com/2012/01/26/the-social-welfare-state-%e2%80%93-motivated-not-by-compassion-but-political-self-interest/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>It Looks Like Inflation or Hyperinflation Ahead</title>
		<link>http://www.economicnoise.com/2012/01/20/it-looks-like-inflation-or-hyperinflation-ahead/</link>
		<comments>http://www.economicnoise.com/2012/01/20/it-looks-like-inflation-or-hyperinflation-ahead/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 06:36:10 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Intervention]]></category>
		<category><![CDATA[John Williams]]></category>
		<category><![CDATA[McAlvany]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=25965</guid>
		<description><![CDATA[Do Not Miss the Audio Below! Ultimately the debate as to whether this crisis ends in a deflationary or inflationary collapse will be decided by the outplay of several forces. While it is impossible to determine which way this drama plays out (it could go either way), there are reasons to believe either position. Ultimately <a href='http://www.economicnoise.com/2012/01/20/it-looks-like-inflation-or-hyperinflation-ahead/'>[...]</a>]]></description>
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		<slash:comments>4</slash:comments>
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		<title>Inflation or Deflation Before The Unavoidable Depression?</title>
		<link>http://www.economicnoise.com/2012/01/12/inflation-or-deflation-before-the-unavoidable-depression/</link>
		<comments>http://www.economicnoise.com/2012/01/12/inflation-or-deflation-before-the-unavoidable-depression/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 20:04:09 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[currency]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Investing Thoughts]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=25812</guid>
		<description><![CDATA[The argument persists as to whether our current economic crisis will end with massive inflation or in a deflationary spiral. Ultimately, either one results in a Depression. For investors, this argument is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important <a href='http://www.economicnoise.com/2012/01/12/inflation-or-deflation-before-the-unavoidable-depression/'>[...]</a>]]></description>
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		<slash:comments>11</slash:comments>
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		<title>Armageddon Dead Ahead</title>
		<link>http://www.economicnoise.com/2012/01/11/the-black-hole-of-government/</link>
		<comments>http://www.economicnoise.com/2012/01/11/the-black-hole-of-government/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 06:36:15 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[Economic Collapse]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=24541</guid>
		<description><![CDATA[We are living through the death throes of an empire. For those citizens who understand what is occurring, the process is akin to being trapped in a taxicab where the meter is on and running at an infinite pace. We cannot get out; nor will we be able to pay when the bill is submitted. Government <a href='http://www.economicnoise.com/2012/01/11/the-black-hole-of-government/'>[...]</a>]]></description>
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		<slash:comments>13</slash:comments>
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