SELL THAT $20 BILL FOR $28
See how a $20 bill gets bought for $28. The Dutch Tulip mania gets covered. Bubbles get created even though the value of item traded will be $0 at the end, and the traders know it, but they buy anyways!
I do think that I would rather have that $100 now than $102 tomorrow. Who wants to spend time and gas coming back to collect $2 more dollars? Furthermore, it's a matter of trust. Maybe the person won't be present to give you that $102 tomorrow.
The scariest thing is there's $60 trillion (Max Keiser gives a figure that's much higher) in derivatives that's been created that will come due sooner or later. Can you say unsustainable? SELL NOW! Maybe buying farmland and ammo isn't so irrational!
[Video] PBS's Nova presents Mind Over Money
Saturday, May 01, 2010
Yes, Bush is still around
PRESIDENT OBAMA'S CHOCOLATE COUNTRY
You can run from bush, but you can't hide! He's omnipresent!
I noticed a huge spike in gas prices this week. Is this due to selling the oil spill?
George Bush maybe gone but his legacy and that of his cronies is ever so present as we deal with the oil spill in Louisiana. Mix in Reagan/Bush Sr./Clinton/Bush deregulation and Halliburton and what do you get? A man-made, didn't have to happen, disaster.
First of all, where's the automatic shutoff valve? If it's there, why is it not working? And why does the government need to be called (an effort funded by the taxpayers) in every time there's a disaster? The federal government sent in an army of office people and DC hacks to make it look like Obama was doing something. It's not another Katrina! I'm not sure how airplane sorties is supposed to cleanup an oil spill. Oh and what about the damage to other people's businesses, like the fishermen, and tourism offices, and businesses on the beach? These oil companies are not liable for any damage to other people's properties and business income? We'll keep having these situations until we get off the internalize profits, externalize costs economic model. The corporations do not need coddling. They need some serious attitude adjustments.
[Article] Truthout.org on the oil rig oil spill disaster courtesy CrooksandLiars.com
[Article] Bush's cronies at Cameron International responsible for oil platform's failed shutoff valve?
You can run from bush, but you can't hide! He's omnipresent!
I noticed a huge spike in gas prices this week. Is this due to selling the oil spill?
George Bush maybe gone but his legacy and that of his cronies is ever so present as we deal with the oil spill in Louisiana. Mix in Reagan/Bush Sr./Clinton/Bush deregulation and Halliburton and what do you get? A man-made, didn't have to happen, disaster.
First of all, where's the automatic shutoff valve? If it's there, why is it not working? And why does the government need to be called (an effort funded by the taxpayers) in every time there's a disaster? The federal government sent in an army of office people and DC hacks to make it look like Obama was doing something. It's not another Katrina! I'm not sure how airplane sorties is supposed to cleanup an oil spill. Oh and what about the damage to other people's businesses, like the fishermen, and tourism offices, and businesses on the beach? These oil companies are not liable for any damage to other people's properties and business income? We'll keep having these situations until we get off the internalize profits, externalize costs economic model. The corporations do not need coddling. They need some serious attitude adjustments.
[Article] Truthout.org on the oil rig oil spill disaster courtesy CrooksandLiars.com
[Article] Bush's cronies at Cameron International responsible for oil platform's failed shutoff valve?
Ravi Batra on The Thom Hartmann Show 04-30-2010
It's been a really long time since Dr. Ravi Batra has been on Thom Hartmann's show.
Dr. Ravi Batra talks about CEOs causing the economic disaster, not the government. The government implements what these CEOs advocate. Dr. Batra is also in favor of cooperatives (employee owned workplaces).
The interview starts 36:00 minutes into the file.
[MP3] Ravi Batra interview on The Thom Hartmann Show 04-30-2010 (starts at 36:00min)
Dr. Ravi Batra talks about CEOs causing the economic disaster, not the government. The government implements what these CEOs advocate. Dr. Batra is also in favor of cooperatives (employee owned workplaces).
The interview starts 36:00 minutes into the file.
[MP3] Ravi Batra interview on The Thom Hartmann Show 04-30-2010 (starts at 36:00min)
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