Here’s Proof: Keynesian Economics Fail Miserably

Here you have the proof – The U.K. has been following the Keynesian economic prescription to the fullest; it cut interest rates, greatly drove up government spending (what our government calls “stimulus” – I call it a waste of taxpayers’ money), printed money like crazy, and nationalized half of the banking industry – Now you have the results: A stagnant economy, crippling budget deficit, rising prices, rising unemployment. As I said before – you cannot put out a fire by spraying it with gasoline.

This is pretty much what is going to happen in the US as well – until we allow the banks to fail and go bankrupt instead of bailing them out for their incompetence, stop spending trillions on foreign wars against nations that pose no threat to us, stop bailing out GM, etc – there is not going to be a recovery. It’s the nature of the beast (business cycle).

Read the article here:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5t.xQdllnbo

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Obama Vows Sanctions against Iran

Our Nobel “Peace” Prize Winner is threatening Iran (Obamaspeak Translated by a friend of mine):

“Because you didn’t do as we commanded, I vow significant sanctions against you, which will starve your children and elderly people, deny them necessary medicines, and generally make life a living hell for your country. After all, the USA can have nuclear weapons even though it HAS used them. Israel can have nuclear weapons and demonstrate outrage at even being ASKED to undergo inspections. MANY other countries are permitted by us – the arbiters of behavior for the entire world – to have nuclear weapons. But not you.

In fact, you cannot even enrich to 20%, although 90% is required for nuclear weapons. Why? Because the USA does not like to be disobeyed and tends to react harshly to that IF the offender does not have nuclear weapons! Which is probably one of the reasons why you might be trying to develop them in the first place, eh?

Well, nothing doing. You play ball with the west, on the terms delineated BY the west, or we will destroy you. And we won’t face much in the way of public pressure over here either: we got that covered with the slickest promo package you can imagine, 24/7 in all media. Peace out.”

Here’s the link to the article:

http://news.bbc.co.uk/2/hi/middle_east/8507168.stm

Clip from “American Radical: The Trials of Norman Finkelstein”

Dr. Norman Finkelstein is one of my favorite heros. He’s one of the most bravest people living in America today. It takes a tremendous amount of courage to speak the truth when everyone is against you and not listening. He has not let anything discourage him from speaking the truth.

Here’s a clip from a new film “American Radical: The Trials of Norman Finkelstein”

Dr. Finkelstein was invited to give a speech at the University of Waterloo, Ontario, Canada, is posed a question from a Zionist. Unfortunately for her, she attempts to invoke the Holocaust to criticize Dr, Finkelstein, completely oblivious to Dr. Finkelstein’s own family history – both his mother and father were survivors of Nazi concentration camps and he lost more family members in the Holocaust than those shedding crocodile tears. In this clip, he first gets ambushed by her fellow Zionist supporters shouting Dr, Finkelstein down, but he quickly takes control of the situation and leaves her with no comeback.

Dr. Finkelstein is a Jewish American political scientist and author, whose primary fields of research are the Israeli-Palestinian conflict and the politics of the Holocaust. A graduate of Binghamton University, he received his Ph.D in Political Science from Princeton University. He has held faculty positions at Brooklyn College, Rutgers University, Hunter College, New York University, and, most recently, DePaul University, where he was an assistant professor from 2001 to 2007.