You thought the whole ‘EUSSR’ thing was over the top? Have a look at this poster

"For three generations, the badge of the Soviet revolution meant poverty, slavery, torture and death. It adorned the caps of the chekas who came in the night. It opened and closed the propaganda films which hid the famines. It advertised the people's courts where victims of purges and show-trials were condemned. It fluttered over the re-education camps and the gulags. For hundreds of millions of Europeans, it was a symbol of foreign occupation. Yet here it sits on a poster in the European Commission, advertising the moral deafness of its author (I hope that's what it is, rather than lingering nostalgia)." Continue reading

Continue ReadingYou thought the whole ‘EUSSR’ thing was over the top? Have a look at this poster

US Infrastructure’s Disastrous Solution

"It is a US scandal that the country's infrastructure is not just degrading but seriously degraded. While this is not a regular topic for mainstream reporting, every now and then it rises to the surface. Of course, the real issue is seldom dealt with, which is how the combined US government can spend trillions and more trillions while the country's infrastructure continues to collapse. There are accidents big and small as the result of this evolving condition, often never reported unless they rise to the level of serious injury or even death." Continue reading

Continue ReadingUS Infrastructure’s Disastrous Solution

Read This Blog or the Puppy and Kitten Get It

"If your city faces a shortfall of tax revenues, the first response of overpaid bureaucrats in City Hall frantic to keep their jobs, pensions and perks will be to slash the hours the library is open. A 2% reduction in the Federal budget, we're told, will push orphans onto the frigid streets, send our troops into battle without ammo, and generally shut down every service the public cares about. The alternative you will never hear about is a reduction in the multiple layers of overpaid bureaucrats in City Hall, the White House staff, the Pentagon, the local school district, etc., or any reduction in funding the parasitic cartels that have captured the machinery of governance." Continue reading

Continue ReadingRead This Blog or the Puppy and Kitten Get It

Why Bitcoins Are Just Like Gold

"Bitcoin is gold on steroids, designed for a society that lives through the internet. Bitcoin is designed with the ideals of the contemporary cyber movement in mind: decentralization, peer to peer, cryptography. Easily transferable in ones and zeros, it’s a storage of value for a virtual society. As a payment system, it's a temporal store of money that can be easily sent across the globe securely and speedily without counterparty risk. No matter the price of bitcoin, these benefits will always give it purpose. Given its self-contained nature, it eliminates the need for inherent human interference. There’s no need for a central bank because bitcoin self-regulates." Continue reading

Continue ReadingWhy Bitcoins Are Just Like Gold

Don’t Hold Bitcoins; Krugman Won’t Like It

"Paul Krugman has written about Bitcoins, and he has come to the conclusion that they represent a grim development. Fortunately, no one is asking for Krugman’s permission to mine, hold, or use Bitcoin. He is not in charge of designing this emerging alternative money. As for making society rich, a main reason why Bitcoin is taking off is because people want to flee government paper money or at least have some hedge against government money and all that it brings with it. Bitcoin might someday save the economy from being destroyed by government and its economic advisers." Continue reading

Continue ReadingDon’t Hold Bitcoins; Krugman Won’t Like It

Gerald Celente: The Financial System Is Collapsing Before Our Eyes

"All Cyprus is, it’s (similar to) a division of the Grand Cayman Island, it’s just a different group of people washing and money laundering. But this is about much more than Cyprus, bank runs, and stealing money from the depositors. What we are looking at, Eric, on another level is an alliance, an alliance leading to wars. Look, they just appointed a new President in China, Xi. Where is the first place he went to visit? Moscow. Putin. Then there is Iran. So you can see the alliances already forming: It’s China, Russia, and Iran, against the United States, the Arab League, and Nato. And then you look at where the United States is now moving its military - Asia." Continue reading

Continue ReadingGerald Celente: The Financial System Is Collapsing Before Our Eyes

Cypriot president ‘warned his friends to move money abroad’ before financial crisis hit

"Cypriot president Nikos Anastasiades 'warned' close friends of the financial crisis about to engulf his country so they could move their money abroad, it was claimed on Friday. The respected Cypriot newspaper Filelftheros made the allegation which was picked up eagerly by German media. The Cyprus newspaper did not say how much money was moved abroad but quoted sources saying the president 'knew about the possible closure of the banks' and tipped off close friends who were able to move vast sums abroad." Continue reading

Continue ReadingCypriot president ‘warned his friends to move money abroad’ before financial crisis hit

Pictures From A Cyprus ATM Line

"For a few days, the people of Cyprus were calm, quietly and orderly accepting the unreality of the levy being imposed upon them - incredulous that it was even possible. As we reach the 4th day of bank closures, amid rolling rumors and ECB threats, it appears the people have reached a tipping point as this series of images from Cyprus ATM lines indicates - the bank-jog has arrived. When will it become a full blown sprint? It appears the catalyst for this latest move is the ECB threat and EU concerns over the future of the two biggest insolvent banks: As AFP reports: EU calls on Cyprus to set capital controls and merge 2 biggest banks Laiki and Bank of Cyprus." Continue reading

Continue ReadingPictures From A Cyprus ATM Line