Monday, August 15, 2016

Unemployment Propaganda tries to “justify” High Unemployment

September 30, 2009 by · Leave a Comment 

In totalitarian regimes, the propaganda-machine (i.e. the media) is a vital tool in pacifying the population – since the populations of such societies are denied the “release valve” of ridding themselves of an unpopular government through elections. I have pointed out in a number of commentaries that the United States “two-party democracy” has, in fact [...]

The National Debt and the U.S. Selling Spree

April 16, 2009 by · Leave a Comment 

From Agora Financial’s 5-Minute Forecast we learn that “According to the Chinese central bank this morning, China’s foreign reserves grew ‘only’ $7.7 billion in the first quarter – the slowest pace in eight years.” Being kind of naturally stupid, it’s hard for me to grasp the total significance of that, but the specifics are that [...]