Mad Statists

U.S. gives seal of approval to Egypt’s new leaders

"Supporters of deposed Egyptian president Mohamed Mursi prepared for confrontation on Friday, and the United States said Egypt’s military had been 'restoring democracy' when it drove him from office. Thousands were gathered in two Muslim Brotherhood camps in Cairo, defying warnings from the new army-backed government to abandon their protest or face action from security forces. Mursi, an Islamist who became Egypt’s first freely-elected president in June 2011, had faced weeks of street demonstrations against his rule. The turmoil has left Egypt more polarized than at any time since U.S.-backed autocrat Hosni Mubarak was toppled in 2011." Continue reading →

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“Hurry Up and Die”: The Inescapable Outcome of Socialized Medicine

"Since the old generally require more — and more expensive — medical treatment than the young, the increasingly aged population is putting a severe strain on Tokyo’s health care budget. One Japanese politician, however, has come up with a solution: Just let the elderly die, instead of treating them. That is, in fact, what is already happening in Great Britain, a country that has suffered under socialized medicine for 65 years. There, under a program of sedation and dehydration called the Liverpool Care Pathway (LCP), National Health Service (NHS) hospitals euthanize about 130,000 people a year." Continue reading →

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Bankrupt Detroit Receives Less U.S. Aid Than Colombia

"President Barack Obama proposed giving Colombia about $323 million in aid next year, mostly to combat drug trafficking and violence. Detroit, with an 81 percent higher homicide rate, will get $108.2 million. Detroit’s implosion has rekindled debate over how and whether a federal government that managed to provide more than $700 billion in aid to banks and automakers in 2008 and 2009 should help cities with unsustainable retirement debt, hollowed-out tax bases and diminished services that endanger the public. From 1990 to 2010, the percentage of the U.S. population that lives in urban areas grew to 81 percent from 75 percent." Continue reading →

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The Blindness of Modern Economists

"The economic establishment blames today's evils on free markets, a lack of government intervention, and banks for being reluctant to lend. It blames government deficits on cheats who don't pay their taxes. There are four horsemen of the global economic apocalypse, all interlinked: the overburdened economy; broken banks; expensive interventionist governments; and a developing welfare and pension crisis. As a politician aptly described to me when I interviewed him a few months ago in Brussels, trying to squeeze out economic growth under these conditions is like trying to fly a plane with concrete wings." Continue reading →

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The Lady Who Votes Against Bernanke and Other Fed Members

"The Fed will continue its $85 billion bond buying program and the Fed says price inflation is below its 2% target, while the MIT Billion Prices Index shows price inflation around 2.5%, One FOMC voting member, Kansas City Fed President Esther George, continues to vote against current Fed policy. Why does she vote this way? George gives few speeches, but she did deliver a speech in June where she discussed her views. She is far from a hard money person, but her speech does contain some concern about the current massive additions to the monetary base." Continue reading →

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Obama’s Next Big Blunder

"Many believe Janet Yellen, the Fed’s current vice chairman, is the best option because she’s been involved in all major recent monetary policies. But I won’t be taken aback if Obama picks Summers. He’s perfectly qualified for the job. If you have a terrible track record of predicting the economy and like to favor big banks at the expense of everyone else, then you’ve got a good shot at becoming the Fed chief. Because that’s precisely what the Fed does. It punishes savers and helps make bankers rich. And it fails to predict all major economic developments. That’s why Obama is considering Summers." Continue reading →

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Secret DARPA Mind Control Project Revealed: Leaked Document

"What if the government could change people's moral beliefs or stop political dissent through remote control of people's brains? Sounds like science fiction, right? Well, a leaked document reveals that the US government, through DARPA research, is very close to accomplishing this. Activist Post was recently contacted by an anonymous whistleblower who worked on a secret ongoing mind-control project for DARPA. The aim of the program is to remotely disrupt political dissent and extremism by employing 'Transcranial Magnetic Stimulation' (TMS) in tandem with sophisticated propaganda based on this technology." Continue reading →

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Meet “The People’s Court”

"Frisler was a lawyer and was later appointed by Adolph Hitler as the People’s Court President. It has been said that he Frisler constantly proving himself as a super Nazi to counter those who questioned his changing loyalties. Frisler was ruthless and merciless as he sent over 5,000 German men, women and teenagers to the guillotine or gallows for even the most minor acts of resistance. Evidence presented before the court was often simple hearsay. The People’s Court court acquitted only a scant few before it. Frisler was also one of Hitler’s Judges that made sure everything done by the Nazi government was legal." Continue reading →

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