Opportunity Squandered: We Blew It

Tyler Durden Zero Hedge 7/5/2013

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

We are about to reap the consequences of tolerating the perfection of the Savior State / cartel-crony capitalism’s neofeudal debtocracy.

We as a nation had an unparalleled, historic opportunity to set things right in the aftermath of the 2008 financial meltdown. Alas, we […]

Here comes more failed stimulus spending

Editorial Washington Examiner 8/21/2011

President Obama will deliver yet another “major speech” after he returns from his Martha’s Vineyard vacation. Among other things, he promises the speech will contain details of a new “stimulus plan” for getting America’s stagflating economy back on the right track. According to the Washington Post, “Obama also plans to announce […]

QE2 risks currency wars and the end of dollar hegemony

As the US Federal Reserve meets today to decide whether its next blast of quantitative easing should be $1 trillion or a more cautious $500bn, it does so knowing that China and the emerging world view the policy as an attempt to drive down the dollar.

Ambrose Evans-Pritchard Telegraph [UK] 01 Nov 2010

The Fed’s […]

Are these people just stoned or the tragic victims of liberal education?

Liberal Douchebags at Stewart Rally: How Dare You Call Obama a Keynesian, He Was Born in Hawaii!…

Weasel Zippers 11/1/2010

CAJ note: And these people think Sarah Palin is stupid…