Monthly Archives: February 2011

Paul Craig Roberts: A Government Shut-down Imperils the Power of Congress

Congress should think twice before forcing a government shutdown as the consequences could be the loss of the power of Congress to control spending through authorization and appropriation bills. (more…)

Hotspot: Beirut – 27 February 2011

Stacy Summary: Went with some friends to protests in Beirut against sectarianism. Though it was pouring rain for most of the event, about 2000 attended and the protests ended here under this bridge.

“Ireland, not the EU is in charge here. The opening salute from Kenny should not be to ask for EU concessions but to simply say “Go to Hell” or more politely to offer 1 cent on the dollar for debt.”

[1191] The Truth About Markets – Beirut – 26 February 2011

Stacy Summary: Alas, it’s here! I found a great cafe with fast internet to upload the show.

For more download & listening options, visit Archive dot org

“The dollar right now is hanging on the precipice. If we break below 77 on the dollar index, look out below.”

Rare miss for Jim Rickards; completely misses the trends on the ground in N. Africa and Middle East.

MK: We disagree with JR on his comments regarding revolts in N. Africa/Mid-East (he hews toward the line given by Fox propaganda) as well as his comments regarding the role of Big Oil in these events. On Davos, Jim rings the alarm bell on the ’100 trillion dollar’ recapitalization plan brought up at Davos. On this item we agree with his comments completely. We’d like to point out that JR’s previoius comments on KWN re: the role of SDR’s in this transition; when he was essentially minimizing the potential for SDR’s . . . we disagreed at the time with those comments and said that SDR’s would evolve as the key mechanism. JR now agrees with our thinking on this.  UPDATE on Podcast war: The war of the podcasts between Eric King and Jim Puplava continues . . . JR makes an overt reference to those who are pushing the line that ‘Silver is plentiful in the market’ (read: Publava) vs. Eric King and JR (as well as this site) that are saying that Silver is NOT available in the quantities suggested by some. A look at the web traffic on Alexa shows that KingWorldNews and are surging while financialsense is limp.

Americans’ infinite capacity to be humiliated by their own government continues to shock free people in Egypt and Tunisia.

Regime change in Wisconsin. Pro-democracy activists rally in Madison.

Press Release: #OpWisconsin – “Dear Citizens of the United States of America, It has come to our attention that the brothers, David and Charles Koch–the billionaire owners of Koch Industries–have longattempted to usurp American Democracy. Their actions to undermine the legitimate political process in Wisconsin are thefinal straw. Starting today we fight back. Koch Industries, and oligarchs like them, have most recently started to manipulate the political agenda in Wisconsin.”

Regime change at Fox?

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