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07.03.09- House Passes the 1,200-page Climate Bill that Congress was not allowed to read
Final roll call votes are listed here. Objecting to the fact that 300 pages were added to the bill at 3 a.m., Minority leader John Boehner attempted a brief filibuster, giving time for colleagues and aides to scan the unread extra passages and present certain excerpts on the floor. Politico blasts his effort, reporting:
07.02.09- Walls to Block US Deflation
07.01.09- The Great American Bubble Machine
The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled-dry American empire, reads like a Who's Who of Goldman Sachs graduates. Read More
06.30.09- Inflation (Editor's note: "Inflation" is the second chapter of a book by Mr. Pugsley entitled "The Alpha Strategy", written fifteen years ago. We intend to post a chapter each week. -JSB)
Without question, inflation is the most deadly of economic evils. It knows no geographical boundaries. It respects neither sex, nor race, nor creed, nor state of health or wealth. It has a more destructive effect on the lives of individuals than all other forms of plunder put together. It has been with mankind for thousands of years, has surfaced in every civilized society and has been almost universally feared and denounced. To observe its constancy throughout history, one would think it is a blight of nature, like earthquakes or the common cold, that must be suffered and accepted. Everyone claims to be its enemy, yet it defies the best efforts of the most astute and educated economists and leaders to stop it. Read More
06.29.09- Surviving Hyperinflation: An Update
06.27.09- California, Here We Come!
And Americans should take a good, long look at the fiscal and social wreck of the Golden Land, because California is at a place to which all of America is heading. In May, when five fund-raising proposals were put on the ballot, Gov. Schwarzenegger pleaded with the overtaxed Californians not to make their state "the poster child for dysfunction." As The Economist writes, "On May 18th, they did exactly that." Read More Silver
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Despite heated objections by some Republicans, the unread 1,200-page Waxman-Markey climate bill was passed 219-212 in the House on Friday.
Many are the obstructions to the so-called (mislabeled) deflation threat within the USEconomy. To begin with, falling asset prices does not constitute deflation. One of the primary objectives of the banking elite in firm control of the USGovt and USCongress is to confuse the public and investment community on the entire topic of inflation, what it is, how it is measured, and its risks. The same goes for deflation. All debate as to whether the Untied States will suffer from inflation or deflation is a horrible misdirected distraction that manifests the confusion. The US will suffer both higher monetary inflation and worse economic deterioration, not one or the other, but BOTH, and with steadily increasing intensity. Imagine a massive tornado building force, inflicting damage, and being fed to grow even more powerful by current policy. To argue on whether the high pressure or low pressure will prevail misses the entire storm, built upon the grand and growing differential in pressure. The storm is born of opposing pressures, each growing more intense. Human response to economic distress and banking woes ensure evermore pressures to be exerted on each side. The grand growing monetary expansion continues to collide with grand worsening asset price decline, while the Deflation Knuckleheads spout more nonsense. They miss the storm itself, how it is formed, and the dual nature of its tempest. 
From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again
We will start with the most significant, the most pernicious and the most misunderstood of all the methods of economic fraud that are being directed against you: inflation. To most of us, inflation means a rise in the average level of all prices for goods and services. It is not an increase in one price or in some prices but an increase in the average of all prices.
In the early
1980s, Harry E. Figgie, Jr. (the founder of Figgie International,
Inc.) became concerned that the United States' government was following
the same destructive path that lead countries such as Argentina,
Bolivia, and Brazil into hyperinflationary economic collapse. In
the 1980s, each of these South American countries were running massive
annual deficits, were accumulating unmanageable national debts,
and each respectively had a central bank creating money, out of
thin air, at a reckless pace. In looking at the frighteningly similar
profligate behavior, on the part of the U.S. Government, Mr. Figgie
became concerned that hyperinflation could emerge in the United
States as well. 
PALM SPRINGS, Calif. - In just a few weeks time, California hits the wall.
