Self-imposed crisis?

TCS Daily
by Craig S. Marxsen

10/17/08

How can such an old-fashioned liquidity crisis panic financial markets under today’s regime of fiat money? The Federal Reserve was fighting energy and food inflation by slowing the money growth rate. The low interest rates were an ambiguous indicator of monetary policy because an energy crisis was depressing the return on expansions of the capital stock. The energy crisis of the 1970s also depressed the real or inflation adjusted interest rate in a feedback loop that further discouraged petroleum extraction...

//www.tcsdaily.com/article.aspx?id=101708A



Dear conservatives, will you help save the republic from military takeover?

AlterNet
by Naomi Wolf

10/18/08

The founders sought to keep soldiers off our streets because they knew how easily a standing army could subdue a population. That’s why the National Guard is answerable primarily to the governors of states and hence to the people of the United States. But the military is answerable to the commander in chief. These are the president’s troops. The president now has a personal army. One definition of a police state is when the leader has seized control of the military to police citizens domestically. Why listen to me? Not because I am a genius, but because this blueprint is so very predictive. Listen to me because everything that I warned would happen, according to the historical record, has happened, and I have documented the borne-out evidence of the crisis in Give Me Liberty...

//tinyurl.com/6jbkk9


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=financial+market
//freepage.twoday.net/search?q=Federal+Reserve
//freepage.twoday.net/search?q=military+takeover
//freepage.twoday.net/search?q=police+state
//freepage.twoday.net/search?q=Naomi+Wolf

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