http://www.zerohedge.com/article/guest-post Price discovery without the govt. .... IS THE WAY TO GO !!!!!!!!! Thus the real question .... HOW TO GET RID OF THE "HARVARD QUEENS"....WHO INSIST THAT THE GOVT. PORTION OF PRICE BE THE LARGEST NUMBER???? This is a yes/no question.... Hat's off to New Zealand.... .................................... By the way "Git" is "southern" for "Get"....
Lord Robert Cecil, the 3rd Marquess of Salisbury was talking about foreign affairs with the above quote when he kept Britain in a state of "splendid isolation" during his term as prime minister. At home, Lord Cecil launched a land reform program in the 1880s which helped hundreds of thousands of Irish peasants gain land ownership. You may call that socialism.
The freeholding of land is a natural right of free men everywhere. However, any Governing body that freely gives tax dollars to an individual to purchase land, is taking from the many to give to the one. Never a good thing.
http://www.bloomberg.com/apps/news?pid=20601109&sid=akryRHYHS0Sg Pellegrini gits it.... The Fed's insistence on making up "more than its fair share" of all prices.... Will drag the US down.... Guess who does not "git it "....? In order for the US to move ahead... The Fed portion of price has to be backed out.... What does this mean ? Structural tax changes which dramatically reduce the size of govt. by default.... ie 10/5 C tax.... It also means elevating the psyche .... This means removal of govt. suppression.....and the allowance of humans to not be trapped by "someone elses's debt".... The whole Obam crew.... Are "ECONOMIC MORONS".... Why ? Because they say one thing ....and are doing the exact opposite of what they are promising.... The word "moron" is perfectly suited for the whole Obam poly crop.... ie They are adding great expense and inefficiency to a much needed equation....and while doing so...saying that they are not.... This cannot be more moronic.... And for Americans ....this is economically tragic....
Tavakoli gets it.... http://www.zerohedge.com/article/janet-tavakoli-why-meltdown-risk-now-greater-it-was-2007 The major point being that the solution to debt is nominal income.... Thus if nominal income is dropping....and debt is increasing....then the prospective outcome has to be viewed more negatively....worse than 2007.... So tell me ...Harvard Queen Obam Poly Cons.... How does the situation improve with declining nominal incomes and increasing debts....???? The fact is the SEC "slumbering esquires club"....blew it .....again.... And the Obam Poly Cons are littered with Econ Morons.... I reinstate the "Moron" label on the Obam Poly Cons.... Until there is core change in the fundamentals....which in turn resolves nominal income....one can only expect lessor possibilities.... The Obam Poly Cons are working in the opposite direction.... The real question being....WHY ????