Tag Archive: bail-out


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 |.

The Federal Reserve: The Biggest Scam In History

That and the fact that the economic data was coming in relatively perky, at least in terms of the headline data, made it highly unlikely that the Fed would do any more money printing.But here’s the thing. They are what the Fed and Wall Street casino owners want you to think. The Fed wants the market to go higher, but it doesn’t want commodities to go with it, so its story line is that the economy is healthy enough to continue growing without more QE. That gives traders reason to continue buying stocks, and no reason to buy commodities, which everyone “knows” go up when the Fed prints, in spite of Bernanke’s denials. We won’t know the real story until February 2018 when the Fed will release the transcripts of this year’s FOMC meetings. The decisions the Fed wants you to make are to buy stocks, bay and hold Treasuries, and sell commodities.The Fed’s Con Appears To Be Working But The Curtain Is Rising On The Third Act | ZeroHedge.

California Tax Revenue Plunges

Inquiring minds have noticed a huge plunge in California Tax Revenue for the month of February compared to February 2011.

The numbers below represent a 22.55% plunge in spite of the fact that this February was a leap year adding a day to the calendar.

Madeline Schnapp, at TrimTabs Investment Research sent me a quick note regarding that plunge a few days ago.

California Tax Revenue Plunges

Inquiring minds have noticed a huge plunge in California Tax Revenue for the month of February compared to February 2011.

The numbers below represent a 22.55% plunge in spite of the fact that this February was a leap year adding a day to the calendar.

Madeline Schnapp, at TrimTabs Investment Research sent me a quick note regarding that plunge a few days ago.

via Businesses Exit Taxifornia in Droves – Mike Shedlock – Townhall Finance Conservative Columnists and Financial Commentary – Page 1.

General Motors will suspend production of the Chevrolet Volt for five weeks this spring, a spokesman said on Friday.

Disappointing sales of the award-winning plug-in hybrid electric car have left the car firm with too many Volts. Production of the US car and its European version, the Opel Ampera, will be on hold starting 19 March and 1,300 workers will be temporarily laid off. They are expected to return to work on 23 April.

via General Motors halts production of hybrid Volt as sales flatline | Business | guardian.co.uk.

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