Sunday, 3 October 2010

NY Times: Expect More Bailouts
THE government is pulling a sheet over TARP, the Troubled Asset Relief Program created during the panic of 2008 to bail out the nation’s financial institutions. With the program’s expiration on Sunday, we can expect to hear lots of claims from the folks at the Treasury that it was a great success.


The Ground Zero Mosque Will Be The Strangest Building In Manhattan
After the all the religious controversy, no one will put up a big fight over architecture.


Al Gore shows up for Kendrick Meek Rally in Tampa. Starts talking about the environment. He had to be confronted again about the Global Warming Hoax.

Rampant Inflation In 2011? The Monetary Base Is Exploding, Commodity Prices Are Skyrocketing And The Fed Wants To Print Lots More Money
Are you ready for rampant inflation? Well, unfortunately it looks like it might be headed our way. The U.S. monetary base has absolutely exploded over the last couple of years, and all that money is starting to filter through into the hands of consumers.

Bernanke Knew Back in 1988 that Quantitative Easing Doesn’t Work
Volcker: “The Financial System is Broken” and “the Mortgage Market Has Become a Subsidiary of the U.S. Government”