The public has not yet reached the point indicated in the title. The government reached it years ago and is impoverishing the nation. Neither President Bush’s nor President Obama’s economic policies brought this recession. The event was preordained from years of governmental economic mismanagement and intervention. The crisis could have [...]
Winkler
 Rolfe Winkler: Case for GoldRolfe Winkler posts on gold and states: “Gold is surging because investors see that the Federal Reserve — more concerned with deflation and unemployment than sound money — may be trapped in a never-ending cycle of monetary accommodation.” He concludes that we and other Western governments are insolvent as shown [...] |
 Stocks Down About 80% from PeakChart obtained from Rolfe Winkler Stocks are off about 80% from their peak, at least as measured in ounces of gold. This chart shows the Dow priced in ounces of gold. Currently, it takes just under 10 ounces of gold to “buy” the Dow. Over time, this ratio has ranged [...] |
 “New” Economics is “Bad” EconomicsImage via Wikipedia What’s old is new again, or soon to be. Unfortunately, we will probably have to incur an economic collapse before the modern-witch doctors we call economists are finally disgraced. For a variety of reasons, more and more people are questioning the so-called wizards. Rolfe Winkler states: “If [...] |
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 Bailout Fiasco – The US Sinks Into BankruptcyImage by Getty Images via Daylife The bailout fiasco is just now starting to show up for the act of desperation that many suspected it was. Instead of allowing markets to resolve a severely over-leveraged and distorted economy, the government decided to try to “bluff” its way through one more [...] |
 Good Reads from Rolfe WinklerReuters Blogs Rolfe Winkler October 26th, 2009 15:12 Morning Links 10-26 Posted by: Rolfe Winkler Tags: Wall Street, rolfe winkler, links Detroit house auction flops (Reuters) “Despite a minimum bid of $500, less than a fifth of the Detroit land was sold after four days.” The article notes that “total [...] |
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