Gov jobs overtaking good producing jobs

Think of the implications…
Government Jobs Have Overtaken Goods-Producing Jobs - Stephen Spruiell - The Corner on National Review Online


Interesting data

Spain: who is responsible for the property bubble? - Credit Writedowns

Spain: who is responsible for the property bubble? - Credit Writedowns

As recession takes hold, European citizens are starting to ask questions about how they were led into this, the deepest downturn in three-quarters of a century. The leading Spanish daily El Pais published a very thoughtful article today asking how things had unravelled so quickly and so spectacularly in Spain, previously one of the fastest growing economies in Europe.

The Crisis of Credit Visualized

The Great Depression of the 21st Century: Collapse of the Real Economy

The Great Depression of the 21st Century: Collapse of the Real Economy

The November 15 G-20 Financial Summit in Washington upholds the Washington-Wall Street consensus.

While formally presenting a project to restore financial stability, in practice, the hegemony of Wall Street remains unscathed. The tendency is towards a unipolar monetary system dominated by the United States and upheld by US military superiority.

The architects of financial disaster under the 1999 Gramm-Leach-Bliley Financial Services Modernization Act (FSMA) have been entrusted with the task of mitigating the crisis, which they themselves created. They are the cause of financial collapse.

The G20 Financial Summit doesn’t question the legitimacy of the hedge funds and the various instruments of derivative trade. The final communiqué includes an imprecise and blurred commitment “to better regulate hedge funds and create more transparency in mortgage-related securities in a bid to halt a global economic slide.”

A solution to this crisis can only be brought about through a process of “financial disarmament” as initially formulated by John Maynard Keynes, which forcefully challenges the hegemony of the Wall Street financial institutions including their control over the monetary policy.

Complete monitoring to be proposed in the UK

AC Grayling: Safe in our cages | Comment is free | guardian.co.uk

This Orwellian nightmare, additionally, is proposed for a world in which leading soi-disant liberal democracies run, and/or permit rendition flights to, Guantanamo Bay. How many steps separate an innocent British citizen from some misinterpretation or interference or error in the collected and ‘made accessible’ data of text messages and emails, and a forthcoming home-grown version of Guantanamo Bay for people whose pattern of phone calls does not fit the police definition of acceptable?

Tipping point

There is a moment when the average person becomes aware that something is wrong, even if they don’t understand what exactly is going on. In that moment, they go to the bank and withdraw large amounts of money, which makes things even worse, making the whole situation a self-fulfilling prophecy.
This tipping point -with images like these, link below- is being reached as we speak.
http://flickr.com/photos/thetruthabout/sets/72157606167349340/with/2669312006/

Potential Future Hyperinflation

Potential Future Hyperinflation

Walter “John” Williams thinks out of the box. He makes disquieting reading, but you won’t find him in the mainstream. At least not often. He runs a “Shadow Government Statistics” site with an electronic by-subscription newsletter. Anyone can access some of his data and occasional special reports. They can also assess his reasoning. In his judgment, government data are manipulated, corrupted and unreliable. He’s not alone thinking that.

RBS: Stock and credit crash alert

Tell me something I don’t know…

RBS issues global stock and credit crash alert - Telegraph

when there is blood on the streets BUY!

Spiegel: How speculators are causing the cost of living to skyrocket

The Attack on Prosperity: How Speculators Are Causing the Cost of Living to Skyrocket - International - SPIEGEL ONLINE - News

In late 2003, they invested only $13 billion (€8.4 billion) in the food commodities business. By March 2008, that number had jumped to $260 billion (€168 billion), an increase of 1,900 percent.

Next Page →