REVERSION TO THE MEAN IS A BITCH

It's possible, however unlikely, the US may pull off the biggest fraud in history and become rulers of the world. The only thing standing in the way is capitulation by the whole world, including Russia and China.

Central bankers are in the process of taking over Europe. Greece has become the model by which sovereign debt is institutionalized across the western world, where financiers own the means of production and everyone else is a wage slave. This is the result of wealth accumulation in the top 1/10 of 1 percent of households.

The US budget deficit is a ponzi scheme, where more debt is issued to pay off existing debt. If the only way to save the Euro is to issue Euro bonds, then the Euro embarks on the same scheme. How many $T are needed? How far can the money supply expand before it becomes worthless. The people of PIIGS countries aren't too thrilled with austerity, US citizens would starve under austerity. The jobs it seems, have all gone to Asia, where workers work for slave wages. Another reversion to the mean is in order for the US labor market, not exactly propping up asset prices, except those being accumulated by the top 1 percent.

US Congress has been bought off, corporate executives have all been bought off. Wall Street has been doing the buying, but they're shills for the enormous family fortunes of the world, the billionaires. Why should the rest of the world live and work as their slaves?

REVERSION TO THE MEAN IS A BITCH

The real cause of the federal deficit « The Progressive Pulse

While I don't disagree with either Baker or David, the headline is misleading. The “real” cause of the exponentially increasing debt was brought about under Reagan, when corporations, which were paying an equal amount of the tax burden, began successfully lobbying Congress to reduce their tax burden to about 5% of individual taxes, without corresponding cuts in spending.

Reforming health care is commendable, reforming the tax code and instituting pro jobs legislation are paramount.

The real cause of the federal deficit « The Progressive Pulse

NC gov, GOP at odds over severance significance

All except Paul. He's the only one with a message that both parties should embrace. They won't, so endless inflation is our future. No one will be able to afford anything, including basic necessities. It's time to throw the federalistas out of office, and return government to the people. Unless you like the way the country is being run. If you do, get out your checkbook, the bill that is due is $202 T, including unfunded federal liabilities. As bad as things are, they're worse for the rest of the world. It's time for the US to take a leadership role against the banksters.

If you think otherwise, you're entitled to you're opinion, but you're being fooled. The Tea Party and OWS are indications neither the left nor the right are happy with being shafted by powerful interests in Washington. We CAN win the protest, not on the street but at the ballot box by electing Ron Paul as an Independent Candidate for POTUS, unless you think the GOP will nominate him as their candidate. Yeah, right! And Donald Duck is a cute cartoon character with a beak. Yeah, they might, but if they don't, this isn't over. Neither are the Tea Party or OWS protests.

Wake up, people! Both sides are being shafted by powerful interests in Washington, the seat of world power.

http://www.newsobserver.com/2011/11/16/1649094/nc-lawmakers-trade-accusations.html

Disruptive Technology

If technology is the one thing most likely to change or improve on the near horizon, then it will be in the storage and processing of vast amounts of data. What is critical, as in all things, is how will that technology will be used, for good or evil, for the liberation and betterment of all men, or a tool for dominion over him.

The Tea Party protests and now Occupy Wall Street represent civil unrest over of a lack of control of their own destiny, with no prospect for change. With God, all things are possible, and in him is our salvation and the salvation of the whole world.

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Tea Party and OWS unite!!!

"So even if Keynesianism were the answer, it cannot work without the implementation of structural reforms to the financial system."

This is where the Tea Party and OWS agree, "structural reform". Break up the TBTF!!! Decentralize government!!! It's not too late, or maybe it is.


Greenspan Suggested Cutting Taxes on the Wealthy to Increase Debt so the Fed Wouldn't "Lose Control of Monetary Policy"

Occupy facts: Federal Reserve CAUSES unpayable debt, unemployment, inflation, high interest rates

The 99% can change the world. Tea party and OWS unite!

Occupy facts: Federal Reserve CAUSES unpayable debt, unemployment, inflation, high interest rates was originally published on Washington's Blog