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The Root of the Financial Crisis
The Root of the Financial Crisis
by Arnold Kling-
A dearth of knowledge at the nexus of decisions
In a compelling fictional narrative, there are villains, victims, and heroes. One can give a compelling account of the financial crisis of 2008 that contains such characters, but it would be fictional: A true villain has to be aware of his villainous deeds. Instead, the primary candidates for...
Tags: Bailout, Bernanke, CDO, Community Reinvestment Act, credit, Deregulation, Fannie Mae, Federal Government, Federal Reserve, financial crisis, Freddie Mac, free market, Geithner, housing, Inflation, Information, Mortgage Backed Securities, mortgages, Policies, Policy, Proces, risk, Securitization, standards, subprime, Treasury
Sustainable Development Timeline
Wikipedia defines Sustainable Development as:
Sustainable development is a pattern of resource use that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come. The term was used by the Brundtland Commission which coined what has become the most often-quoted definition of sustainable development as development...
Tags: Agenda 21, Al Gore, Anthropogenic Global Warming, Boxer-Kerry, Climate Change, Clinton, CO2, Copenhagen, Energy, Environment, EPA, Eradication, Fossil Fuels, Global Finance, Global Governance, Globalization, Gore, Health, Human Settlements, Kyoto, Legislation, livable cities, Maurice Strong, Millennium Development Goals, Natural Resource, NGO, Obama, Oil, Policies, Population, Poverty, President's Council on Sustainable Development, Redistribution of Wealth, Rio, Rio Declaration on Environment and Development, Soros, Sustainable development, transportation, UN Habitat, UNCED, United Nations, United Nations Conference on Environment and Development, Waxman-Markey
Sustainable Development or NWO?
NWO Or Sustainable Development? – Part 1
NWO Or Sustainable Development? – Part 2
- By Laurene Conner
A movement of vital proportion, ignored by the major media, kept off-limits from the general public, has been on the United Nations (UN) drawing board for well over ten years. This movement would nullify our Constitutional structure with its freedoms and prerogatives enshrined in the Bill...
Evaluating Progress on the UN Millennium Development Goals-Council on Foreign Relations
Evaluating Progress on the UN Millennium Development Goals (Video) – Council on Foreign Relations.
Click HERE for the transcript
Millennium Development Goals
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Budget battle brewing over trillion dollar lame-duck omnibus appropriations bill
While Republicans and Democrats fight for control of Congress, a behind-the-scenes budget fight is brewing over an omnibus appropriations bill that lawmakers may need to consider quickly upon their return after the midterm election.
Lobbyists and congressional aides say Democratic appropriators are mulling a 12-bill omnibus to fund the government in 2011 after the current stopgap measure expires...
Tags: 111th Congress, 2011, appropriations, Bill, Budget, Congress, continuing resolution, December, deficit, Democrats, earmarks, Elections, Federal Government, funding, Lame Duck, Legislation, Liberals, Lobbyists, majority, Mid Term, omnibus, Pork, programs, Progressives, speding, stopgap, Taxpayer, Trillion
Week in Review – Economic Analysis you won’t hear from the MSM
Peter Schiff on Currencies, Phillips curve, inflation target
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Barney Frank Redux — Part Three
The Dodd-Frank Wall Street Reform and Consumer Protection Act
Congressman Frank’s latest installment of awful legislation is the Dodd-Frank Wall Street Reform and Consumer Protection Act – co authored by retiring Senator Chris Dodd (D-CT) who is Mr. Frank’s counterpart in the Senate.
ABOUT CHRIS DODD:
Before the housing crisis, Senator Dodd received Sweetheart mortgage deals from...
Tags: ACORN, Barack Obama, Barney Frank, Clinton, COMMUNITY ORGANIZERS, Community Reinvestment Act, Countrywide, Crime Inc., crony capitalism, Darrell Issa, Democrats, derivatives. big government, Dodd-Frank Wall Street Reform and Consumer Protection Act, Elections, Elites, Elitists, Fannie Mae, Financial Reform, Finreg, Franklin Raines, Freddie Mac, Friends of Angelo, House of Representatives, housing, housing crisis, Joel Pollock, moral hazard, Nanny State, National Housing Trust Fund Act - 2007, Olympia Snowe, Progressives, Scott Brown, statists, subprime, Susan Collins, TARP, taxpayer funds, Too Big To Fail, White House
Barney Frank Redux — Part Two
ETHICALLY CHALLENGED:
Several “incidents” throughout his 3 decades in the House of Representatives have demonstrated the fact that Mr. Frank is indeed”ethically challenged.” Frank, who is the First Openly Gay member of Congress, once knowingly allowed a boyfriend to run a gay prostitution ring out of his Washington D.C. apartment and several other locations.
Frank was...
Tags: ACORN, Barack Obama, Barney Frank, Clinton, COMMUNITY ORGANIZERS, Community Reinvestment Act, Countrywide, Crime Inc., crony capitalism, Darrell Issa, Democrats, derivatives. big government, Dodd-Frank Wall Street Reform and Consumer Protection Act, Elections, Elites, Elitists, Fannie Mae, Financial Reform, Finreg, Franklin Raines, Freddie Mac, Friends of Angelo, House of Representatives, housing, housing crisis, Joel Pollock, moral hazard, Nanny State, National Housing Trust Fund Act - 2007, Olympia Snowe, Progressives, Scott Brown, statists, subprime, Susan Collins, TARP, taxpayer funds, Too Big To Fail, White House
Obama Donates $100 Billion to the United Nations
President Donates $100 Billion to the United Nations
BY PAUL L. WILLIAMS | OCTOBER 6, 2010
The U. S. State Department yesterday announced that the Obama Administration has agreed to contribute $4 billion to the United Nations Global Fund to fight AIDs, Tuberculosis, and Malaria from 2011 to 2013.
The $4 billion represents a 38% increase over the previous U.S. commitment to the fund.
United Nations...
Read George Soros’ Speech Where He Warned Of A Coming Austerity-Driven Deflationary Spiral
(This speech was made at Columbia University on October 5. Via @hwbiv)
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As you know I have written several books which serve to explain the crash of 2008. Two years have elapsed since then – it is time to bring the story up to date. That is what I propose to do today.
The theory I shall use is the same as in my previous books, so I shall not repeat it here....
