John Williams (shadowstats.com) describes the present crisis as a Monetary Inflation that
John Williams (shadowstats.com) describes the present crisis as a Monetary Inflation that can only get worse, leading to a Great Depression.
To get hold of the big picture, think that last week the U.S. House of Representatives cleared H.R. 6312, the Credit Union, Bank and Thrift Regulatory Relief Act of 2008, INCREASING LIMITS on commercial real estate loans, from 400% (of the Federal savings association's capital) to 500%.
Got $40,000?, spend $160,000 (400%). No, wait, spend $200,000 (500%).
Q. Why would sane congressmen want to throw more fuel on the fire (ie: increasing the aggregate amount of loans)? A. Because they are working for the Federal racket: Democrats and Republicans.
10-year treasuries yield only a little over 4%, yet the Federal Reserve is lending money at 2% (the interest rate that banks charge each other) to cover a 10% return; the interest rate needed for real estate loans to make it in 40 years.
There's a walloping 8% gap, who's paying for the party?...you guessed right, "is US Inflation at 8%?", it sure is! http://www.eurointelligence.com/Article.620+M511cc9de714.0.h tml
The U.S. economy continues to grow, but 70% of that growth is fueled by consumer spending, Americans are leveraging their houses as Inflation eats up all wages and we enter stage two of the American mortgage collapse. http://www.doctorhousingbubble.com/?p=604
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance
C-SPAN: Last week, Congress reached a compromise on the Foreign Intelligence Surveillance Act that left many civil libertarians critical of the continued breadth of executive power. Gene Healy, author of "The Cult of the Presidency: America's Dangerous Devotion to Executive Power", discusses similar excesses of executive power that presidents of both parties have enjoyed and the willingness of both Congress and the American people to give a president more power than the constitution allows.
Gene Healy on "The Cult of the Presidency" [Part 1] http://www.youtube.com/watch?v=qH721JzVODU Gene Healy on "The Cult of the Presidency" [Part 2] http://www.youtube.com/watch?v=f7IlW8zNgrI Gene Healy on "The Cult of the Presidency" [Part 3] http://www.youtube.com/watch?v=bhGTjjf8-0U Gene Healy on "The Cult of the Presidency" [Part 4] http://www.youtube.com/watch?v=_Z0nZbnRI4M Gene Healy on "The Cult of the Presidency" [Part 5] http://www.youtube.com/watch?v=6GqAZL2dfsk Gene Healy on "The Cult of the Presidency" [Part 6] http://www.youtube.com/watch?v=zTeh4OLeY2s Gene Healy on "The Cult of the Presidency" [Part 7] http://www.youtube.com/watch?v=vtMmkqnTh0o
Watch the entire videoclip here: rtsp://video1.c-span.org/15days/wj062508_healy.rm
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She is in denial of a crisis that even the Fed chairman has acknowledged. People voting fo
She is in denial of a crisis that even the Fed chairman has acknowledged. People voting for someone as embarrasing as her is beyond me. http://www.news.appstate.edu/wp-content/uploads/2004/12/1222 04foxx_dl.jpg
Transcript: http://www.c-spanarchives.org/congress/?q=node/77531&id=8589 846
Let's see,
Owner of Grandfather Mountain Nursery (1976-2004), hmmmm, landscaping.....trees....
In 2006, she introduced H.J.RES.96, a joint resolution praising the Christmas tree industry: Recognizing the contributions of the Christmas tree industry to the United States economy and urging the Secretary of Agriculture to establish programs to raise awareness of the importance of the Christmas tree industry.
B(....)CH!!!
Jean U Satisfied Customer, "Thank you for the beautiful job. I know that next year it will be even more wonderful. It has made such a difference. Each time I come home my heart smiles."
Foxxy Lady Dear Jean, "We are not in a recession. Thank you"
Running against Roy Carter (D) in the race for North Carolina's 5th congressional district. Ahhh, so here's why "we are not in a recession" http://www.youtube.com/watch?v=i4GVofyeppA
"Foxx has owned between $15,001 and $50,000 of stock in Chevron Corporation since 2004. While Americans struggle to meet their expenses in the face of runaway gas prices, Foxx stands to take part in Chevron's windfall profits. Already a multi-millionaire (her 2006 disclosure lists her total net worth between $2.9 and $9.6 million); Roy Carter believes that his opponent should review her contradictory stance on gas prices in the face of her quest for personal wealth."
Roy, kick her right in the ass. http://www.roycarterforcongress.com
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