Category: Announcements

And the Meltdown continues ...

By basd on Oct 1, 2011 95 views | In Announcements | Send feedback »

Informative video "Meltdown" that goes into detail of the worldwide financial crisis.  Horrifying as global meltdown may be, it seems to me that will ultimately be both inevitable and necessary.  Anything short of that continues the same psychopaths in… more »

Taibbi nails it.

By basd on Apr 16, 2011 207 views | In Announcements | Send feedback »

"The technical name of the program that Mack and Karches took advantage of is TALF, short for Term Asset-Backed Securities Loan Facility. But the federal aid they received actually falls under a broader category of bailout initiatives, designed and perfe… more »

"balancing" the budget

By basd on Apr 9, 2011 68 views | In Announcements | Send feedback »

Which part don't you get?  The wealth transfer machine is at it again with faux debate designed to misdirect.  Both parties wish to do precisely the same thing, and that is transfer more wealth to the wealthy. Please follow carefully:  the only value t… more »

the general effect of money creation is to reallocate wealth ...

By basd on Apr 1, 2009 216 views | In Announcements, predators vs. victims | Send feedback »

Generally, money creation reallocates productive capacity (wealth) -- and normally to the benefit of those in control of the money supply.In saying this, I have to correct an error in my earlier analysis. My contention is that a relatively large amoun… more »