When industrialization comes to town, immense social changes are unleashed. In particular, women cease being chattel and become their own agents. Women’s rights rises. The ZIRP system the US has embraced has tremendous dangers. Denninger has noticed what I have explained in the past: the US is now, thanks to being a ZIRP banking system, [...]
Entries from July 2009
July 22, 2009
Solar Eclipses And Human Magical Thinking Systems
The human mind is alway prey to deep interior impulses we can’t consciously control, this being due to the operative parts are also the deepest and oldest parts or our brains. We see this during the recent major solar eclipse that appeared in Asia yesterday. Also, the first vaccine tests for the latest form of [...]
July 21, 2009
Robbing Robin: Smith College Financial Advisor Turns Crook
Another goofy, young, greedy, immature ‘financial advisor’ ends up being a criminal kook. What marvels me most is, how do these silly youngsters land these jobs in the first place? But then, look at the rest of our financial system! Ouch. Bernanke thinks we will be in a ZIRP system for the foreseeable future. As [...]
July 21, 2009
Zionism IS Naziism
Once again, I do the stupid thing of talking about stuff that annoys lots of people. That is, my main worry in life is the potential for WWIII being launched. And one of the perfect platforms for this war is in Jerusalem. The most misnamed city on earth since it is often the locus of [...]
July 21, 2009
International Bankers Dump All Derivative Losses Into Public’s Lap
The numbers we see in the derivatives markets are astronomical. And the bail outs are also astronomical. And potential future losses that are being charged to the public are nearly infinite. And JPM wants Obama’s top aid to join them at board meetings, thus coordinating the White House totally with JPM. And the economy is [...]
July 20, 2009
A Message From An Aussie About Geopolitical Balance of Power
Below is an email I got the other day from a reader who wishes to be kept anonymous. The British are very anxious to have Japanese car makers make cars in England. Reverse colonization is interesting, isn’t it? French workers figure out, threatening management with blowing up stuff works. Iceland’s government is capitalizing the banks. [...]
July 20, 2009
Housing Bubble Sob Stories Are Often Ridiculous
The housing crash continues. Despite record low interest rates on 30 year loans, the effervescent bubble prices are not bouncing back from the cellar. Instead, house buyers are bargain hunting. The NYT has a long series of sob stories concerning this crashed market. And we visit Prague to see a shining example of some of [...]
