Posted on 02 February 2010. Tags: American industry, American manufacturing, budget deficits, buy canned goods, buy disaster supplies, buy freezed-dried food, buy gold, buy silver, capitalism, congress, corporate subsidies, cost of labor, currency debasement, currency depreciation, current account, de-evoling economy, decline of the dollar, decreasing cost of labor, dollar, dollar decline, domestic goods, economic meltdown, Economics, economy, economy de-evolving, fall of the American Empire, federal reserve, fiat currency, finance, financial meltdown, free economy, free enterprise, freeze dried food, freezed-dried food, gold, gross domestic product, high unemployment, hyperinflation, industrial base, industrial base revival, inflating the money supply, inflation, inflation hedge, labor costs, labor unions, laissez-faire, libertarian, Lynn Tilton, manufacturing, manufacturing economy, manufacturing revival, market equilibrium, money supply, paper currencies, Patriarch Partners, political economy, political patronage, precious metals, prepare for disaster, printing money, protect against inflation, protect from inflation, public spending, rampant deficits, revival manufacturing, reviving the industrial base, Rob Viglione, silver, Spending, stock up on food, store food, store supplies, subsidizing industry, trade balance, trade deficit, U.S. dollar, unemployment, USD
Politicians love to preach about the virtues of an industrial base. They do it for three reasons: Industrial firms are great sources of subsidies and political patronage, such patronage buys support from organized labor union voting blocks, and it actually does make sense for countries to produce real things of value. Since WWII America’s industry has steadily declined as a percentage of GDP, but the winds of change are blowing. Continue Reading
Posted in Economics, Featured, Investing, Politics
Posted on 13 April 2009. Tags: Al Pacino, American Recovery and Reinvestment Act, auto manufacturers, bailout, banking, banks, barack obama, Ben Bernanke, Big Brother, bonds, borrow, budget deficit, capital, capitalism, Chairman, China, congress, consequences, consumer-backed securities, contraction, Credit, current account, debt, debt deflation, debt mania, declining rates, decomposing inflation, deflation, Detroit, Devil's Advocate, economic growth, economic output, Economics, Employment, exports, Fed, federal reserve, financial system, free enterprise, free trade, general price level, globalization, government, Great Unwinding, hedge fund bailout, Hoisington, House of Representatives, household worth, imports, inflation, institutions, interest rates, Investment management company, Japan, long-term interest rates, M1, M2, M3, Milton Friedman, money creation, money equation, money supply, mortgage bailout, Net Worth, Obamanomics, political capital, Politics, President Obama, prices, print money, printing presses, private capital, Real Estate, Rob Viglione, Senate, sin, socialism, spend, stock market, TARP, tax the rich, taxation, taxes, trade, treasuries, unemployment, vanity, velocity of money, wealth destruction
There are two colossal events occurring in the world right now: Private credit and wealth is being destroyed, and in its place a good deal of money is being created. Much is taking place behind the scenes, driving this epic showdown between natural forces pushing for a return to sustainable equilibrium pitted against the full arsenal of man’s capability to resist. Just as the fog of war can obscure a battlefield until the end, the outcome of this struggle is far from clear. Nonetheless, there are some telling events to note, signs for which to watch, and consequences to mull. Continue Reading
Posted in Economics, Investing, Politics
Posted on 12 March 2009. Tags: American Recovery and Reinvestment Act, assassins, bank, banking, barack obama, bonds, budget deficits, california, China, Congresswoman, consequences of the war on drugs, current account, democrat, drug cartels, drug prohibition, Economics, federal, government, governor, Gulf cartel, Lareto, Maxine Waters, Mexican, Mexico, Navy, OneUnited, porkulus plan, President Obama, prime minister, rejects stimulus money, republican, Rick Perry, Rob Viglione, Socialist, TARP, Texas, trade deficit, Treasury securities, U.S. Treasuries, unemployment insurance, USS Impeccable, War on Drugs, warships
China “worried” about U.S. Treasury holdings, California Congresswoman implicated in bank scandal, U.S. loses $11.1 trillion in household net worth, Mexican drug cartels have assassins in U.S., Texas governor rejects $555 million in stimulus money, Obama dispatches warships to Chinese waters…just the latest in your Freedom Under Fire Report! Continue Reading
Posted in Featured, Freedom Under Fire
Politicians love to preach about the virtues of an industrial base. They do it for three reasons: Industrial firms are great sources of subsidies and political patronage, such patronage buys support from organized labor union voting blocks, and it actually does make sense for countries to produce real things of value. Since WWII America’s industry has steadily declined as a percentage of GDP, but the winds of change are blowing. Continue Reading
