The internet has successfully exposed the Bilderberg Group which has been forced to issue press releases about their activities. That’s a breakthrough. Just don’t believe them.
In its candid assessment of the failure of the IMF and its partners to rescue Greece from its own foolishness, the IMF staff fails to mention the main lesson: free people left to their own devices can solve problems better than governments ever could.
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By focusing exclusively on the fiscal costs of the amnesty bill now before congress, the authors miss the larger cost: the loss of national sovereignty that this bill encourages.
The headlines were deceiving! Imagine that! I was so surprised!
This is a republishing of an article from last week which now includes some revisions and expansions and clarifications that my editor at The New American suggested before it is published in an upcoming print edition of that magazine.
The German model highly touted as the perfect solution to reviving economies has now been shown to be not only a myth but a fraud.
This is speculation on my part, but it does seem reasonable. Wall Street is anticipating something positive and it’s not in the economy. Maybe the Tobin tax has something to do with it.
There is a direct connection between fractional reserve banking and corruption. It’s playing out in full view in Cyprus today.
It’s awfully easy to make glib comments about these comparisons. So, call me easy.
The details of the deal are ugly. But the real cost is the loss of national sovereignty. Cyprus is now ruled by the Eurogroup, and is now just a vassal state.