Economy
The Economics of Trust
http://georgewashington2.blogspot.com/2008/12/economics-of-trust.html
I have previously argued that the economy cannot recover until we restore trust in our government, our leaders and our systems. This essay provides further evidence in support of that argument.
The Economics of Trust
Forbes wrote an article in 2006 entitled "The Economics of Trust". The article summarizes the importance of trust in creating a healthy economy:
Imagine going to the corner store to buy a carton of milk, only to find that the refrigerator is locked. When you've persuaded the shopkeeper to retrieve the milk, you then end up arguing over whether you're going to hand the money over first, or whether he is going to hand over the milk. Finally you manage to arrange an elaborate simultaneous exchange. A little taste of life in a world without trust--now imagine trying to arrange a mortgage.
- GeorgeWashington's blog
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American Drug War Economics - Volume 1
http://www.youtube.com/watch?v=lqd_C9ISPjA
Ending drug prohibition and focusing on addiction as a sickness, like alcohol and prescription drugs, could save the U.S. economy and millions of lives. Please pass this video on to as many people as you can. We need your help to end the Drug War.
- AmericanDrugWar's blog
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Bodies in the River
http://georgewashington2.blogspot.com/2008/12/bodies-in-river.html
There's a well-known myth in India about bodies in the river.
Villagers notice a body floating by, and they take it out of the river and bury it.
Then more bodies float by, and the villagers take them out and bury them.
Soon, so many bodies are floating downriver that the village can't keep up. They run to the village elder to ask him how to fish all the bodies out.
The elder tells them to stop fishing out bodies, and instead tells them to walk upstream to find out why bodies are falling in the river in the first place. He tells them that unless they stop it, they won't solve the problem.
They do so, find out why people are dying and ending up in the river, and stop the whole mess.
Politicians are acting like the villagers. Their spending trillions in bailouts and gaming the markets is like trying to pull bodies out of the river and not being able to keep up.
Until we "walk upstream" and see what is causing the slaughter of one segment of our economy after another, and stop it, things will get worse.
Iraqing the American Economy
http://georgewashington2.blogspot.com/2008/11/iraqing-american-economy.html
The American economy hasn't just been wrecked, its been Iraqed.
As Senator Inhofe said Saturday:
RAND Lobbies Pentagon: Start War To Save U.S. Economy
RAND Lobbies Pentagon: Start War To Save U.S. Economy
EXCLUSIVE: Shocking proposal urges military leaders to attack major foreign power
http://www.prisonplanet.com/rand-lobbies-pentagon-start-war-to-save-us-economy.html
Paul Joseph Watson & Yihan Dai
Prison Planet.com
Thursday, October 30, 2008
According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession.
Alex Jones and former Governor Jesse Ventura join Willie Nelson at his home to discuss Economy,Elections & 911
Alex Jones and former Governor Jesse Ventura join Willie Nelson at his home to discuss the effect the current economic crisis has on middle class workers, the significance of the 2008 election and unanswered questions about 9/11.
Tuesday, Oct 28, 2008
http://www.prisonplanet.com/a-conversation-with-willie-alex-jones-jesse-ventura.html#respond
Ventura addresses his meeting with undercover CIA agents as Governor and challenges voters to revolt against the two-party dictatorship– supporting independent candidates instead.
WeAreChangeLong Beach - A Warning at the Long Beach, CA City Council Chambers
WeAreChangeLongBeach at the Long Beach,CA City Council Chambers - A Warning
- wearechangelongbeach's blog
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Yes, the middle class will be destroyed. No, it's not an accident.
with links at: http://www.sheilacasey.com/2008/10/karl-denninger-predicts-financial-armageddon.html
Economist and financial guru Karl Denninger has been railing for weeks about the lunacy of the bailout bill and the devastation it will bring to our financial markets.
Here's the key passage from Denninger's post on Market Ticker from Wednesday:
"Oil will collapse in price to $20/bbl. Unfortunately nobody will have any money to buy gasoline, or a car, so it won't matter. As in The Depression millions of automobiles will be scrapped after being abandoned by their owners for lack of insurance and registration fee money. Cheap scooters will become the dominant form of transportation for those with jobs, as they will be all most people can afford.
- Sheila Casey's blog
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How To Solve the Financial Crisis: Get Rid of the Liars
http://georgewashington2.blogspot.com/2008/10/how-to-solve-financial-crisis-kick-all.html
After 7 years of lies from Bush, Cheney, Pelosi and the gang, people have stopped believing them.
As Ralph Waldo Emerson said:
"Who you are speaks so loudly I can't hear what you're saying."
Its like a thief who has been arrested 5 times for burglary. Even though he says all the right things to the judge at sentencing, the judge is still going to throw the book at him.
If the thief is appointed to head a government commission on corruption, do you think people will have confidence in the commission or its proposed actions? (Paulson was the head of Goldman Sachs when they sold huge sums of mortgage-backed securities called collateralized debt obligations, which are part of what caused the financial meltdown).
Get Your Dollars Out Now! FAST!!! By Adrian Salbuchi
Edits: Blog Topics - "Bildergerg" to "Bilderberg"; "trilateral commission" to Trilateral Commission"
http://www.informationclearinghouse.info/article20939.htm
Get Your Dollars Out Now! FAST!!!
By Adrian Salbuchi
03/10/08 "ICH" -- - The events of the last two weeks have clearly revealed that the global financial, monetary and banking system imposed on the world by the power structures promoting "globalization" is fundamentally flawed, unviable and immoral in its effects upon the most all of Mankind. After allowing a small cabal of shady characters to illegitimately accumulate vast amounts of wealth and power over markets, corporations, industries, media, armed forces and entire nations, like the World Trade Center towers on 9/11, this entire System is now in free-fall, collapsing into itself in one massive implosion.
- betsy's blog
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LA - Demonstration Against The FED (Dress Rehearsal)
- garkoblog's blog
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Support the Wall Street-Funded Rescue Plan
http://georgewashington2.blogspot.com/2008/09/support-house-gop-rescue-plan.html
Forget Republican versus Democratic. That's a false dichotomy. Its the Democrats in Congress who are now trying to pass the fat cat welfare, taxpayer-funded bailout. Forget labels. Forget politics. Forget who should get credit for good ideas. Let's look at substance and do what's best for the country.
House Republicans are pushing a meaningful alternative to the Paulson bailout plan.
CNBC has the story:
In a letter to House Speaker Nancy Pelosi, House Minority Leader John Boehner urged that the proposals be "given the consideration they deserve."
The proposals include:
White House Admits It Drew Up Bailout Months Ago
http://georgewashington2.blogspot.com/2008/09/white-house-admits-it-drew-up-bailout.html
No one could have seen this coming, right?
Well, actually, the White House has admitted that they drew up the bail out plan months ago:
A FINANCIAL MELTDOWN COULD TRIGGER...
NSPD 51
http://www.whitehouse.gov/news/releases/2007/05/20070509-12.html
(b) "Catastrophic Emergency" means any incident, regardless of location, that results in extraordinary levels of mass casualties, damage, or disruption severely affecting the U.S. population, infrastructure, environment, economy, or government functions
THAT'S ALL I AM GOING TO SAY ABOUT THAT.
- LUCUS's blog
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