Tag Archive: FED


Capitalism and its defenders maintain dominance through the ‘material resources’ at their command, especially the state apparatus, and their productive, financial and commercial enterprises, as well as through the manipulation of popular consciousness via ideologues, journalists, academics and publicists who fabricate the arguments and the language to frame the issues of the day.

The Politics of Language and the Language of Political Regression.

In looking at and assessing the economic paradigm of John Maynard Keynes — a man himself fixated on aggregates — we must look at the aggregate of his thought, and the aggregate of his ideology.

Keynes was not just an economist. Between 1937 and 1944 he served as the head of the Eugenics Society and once called eugenics “the most important, significant and, I would add, genuine branch of sociology which exists.” And Keynes, we should add, understood that economics was a branch of sociology. So let’s be clear: Keynes thought eugenics was more important, more significant, and more genuine than economics.

Eugenics — or the control of reproduction — is a very old idea.

In The Republic, Plato advocated that the state should covertly control human reproduction:

Keynesianism & Eugenics |.

After a strong week, global financial markets stand on the cliff’s edge of Europe

U.S. stocks and ETFs rallied strongly last week on the strength of positive economic and employment reports but Europe poses an ever growing threat to the global financial recovery.

 

via Europe, Global Markets On Edge (DIA, SPY, XLF, IEV, EWG) | Wall Street Sector Selector.

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Is The CBO Merely Another Manipulated Front For Wall Street To Dictate Washington Policy? | ZeroHedge

In the past, when discussing the goalseeking C-grade excel jockeys at the Congressional Budget Office (or CBO), we have not been technically full of reverence. After all when one uses a phrase such as this one: “What do the NAR, Consumer Confidence and CBO forecasts have in common? If you said, “they are all completely worthless” you are absolutely correct“, it may be too late to worry about burned bridges.

via Is The CBO Merely Another Manipulated Front For Wall Street To Dictate Washington Policy? | ZeroHedge.

Bank of America Implicated in a Fourth Ponzi Scheme

Newswise — A Complaint filed October 22, 2009 in Federal District Court in Tampa, Florida alleges that Bank of America was at the center of yet another Ponzi scheme. The operator of this scheme, 27 year-old Beau Diamond, defrauded hundreds of investors from Florida and around the country of at least $37 million. He claimed to be an experienced trader in off exchange foreign currencies. In truth, he had no such experience and was not registered to sell securities or trade foreign currencies for others.

via Bank of America Implicated in a Fourth Ponzi Scheme – Mozilla Firefox.

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