The next meltdown

National Review
by Stephen Spruiell

01/14/10

Bob Wiedemer is explaining to a roomful of hedge-fund investors that the end of America as we know it won’t be as bad as they think. Wiedemer is co-author of the new book Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown. Sound overblown? That’s what they said about his first book, America’s Bubble Economy, in which Wiedemer and his co-authors, his Ph.D. brother David and writer Cindy Spitzer, predicted that the U.S. residential real-estate market was overvalued and due for a crash. That was in 2006, months before the crash actually occurred. Now Wiedemer is warning people that another bubble is about to collapse: America itself...

//tinyurl.com/yfqbslg



Saving capitalism …

The Weekly Standard
by Irwin M. Stelzer

We have met the enemy and he is us. So Pogo might have described the situation that the business community has created for itself. There is no question that the Obama administration, and even more the Democratic leadership in Congress, harbor something between skepticism and hostility towards free markets. They believe they can do a better job of allocating the nation’s resources than can millions of consumers signaling their preferences to millions of producers by setting the cash registers ringing. That’s one reason — indebtedness to trade unions is another — Obama and the Democrats bailed out a manufacturer of cars no one wanted to buy. But the wave of regulations that characterized the latter part of the Bush administration and the first year of the Obama administration has as much to do with the behavior of the business community, or at least some of its most prominent members, as with the ideological bent of our political masters... (for publication 01/18/10)

//www.weeklystandard.com/articles/saving-capitalism



President Obama, the “war on terror,” and liberty

Intellectual Conservative
by Jack Kerwick

War is the emblem of a state emergency. There is no greater crisis that a state can suffer, no set of circumstances further removed from the ordinary, than those of war. It is true that in our violent, broken world, war, regrettably, is more often than not an indispensable means to sustaining freedom, but it is no less true that during times of war freedom is never more greatly imperiled, for it is then that the government, in the name of victory, faces none of the resistance to the measures it appropriates that it otherwise would. It is during war that government is expected to exercise its vast powers, not just toward the Enemy, but toward citizens. To put it more simply, when a state is at war, its government can coerce the citizenry far easily and to a far greater extent than it could at any other time...

//tinyurl.com/ygv3k5a



Ron Paul shows “the system” is broken

Albuquerque Libertarian Examiner

02/23/10

Dr. Ron Paul is the only decent person in congress, or in any of the three branches of the fe(de)ral government for that matter. That isn’t to say he is right on every issue; he’s not. He is also irrefutable proof that ‘the system’ does not work...

//tinyurl.com/yhum5ax


Informant: Thomas L. Knapp

--------

Financial Crisis Inquiry Commission Turns Up the Heat
//www.commondreams.org/headline/2010/01/15-6

Obama's Latest Ruse: The Bank Tax
//www.commondreams.org/view/2010/01/15-7



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