Tag Archive for Fascism

Goldman Craps Has Largest Profits In History

The WSJ reports: NEW YORK (Dow Jones)–Goldman Sachs Group Inc. (GS) on Thursday delivered its richest quarterly profit in the investment bank’s 140-year history, driven in part because it restrained compensation amid a public outcry about excessive pay. The most profitable bank on Wall Street capped off a record year with quarterly earnings of nearly…

Government Is Too Big to Succeed

Ron Paul explains why this is the case: It is big government that gives out tax breaks to engineer behavior, often creating large pockets of malinvestments. It is government that created the FDIC and the Fed as lender of last resort which all encourages moral hazard. It is big government that gives bureaucrats the ability…

Fwank: Fowget The Filibustew

Huffpo reports: Rep. Barney Frank (D-Mass.) suggested that the Senate abolish the filibuster in recent interview with Air America Radio. “It is time to shut it down,” Frank said. “God didn’t create the filibuster, it’s part of the Senate rules.” He continued: “We have a serious constitutional problem. There has been a de facto amendment of…

Fake MA Poll Results Released By AP

update: Looks like Brown has won, which doesn’t excuse the highly suspect actions recorded below.  For all we know the uncovering in real-time of all these facts may have prevented something more nefarious from taking place. The Phoenix reports: This fully interactive map was released 8 hours prior to poll closings. The globe says it was…

Climategate 5.0 – Glaciers Not Melting

The Express reports: The International Panel on Climate Change was forced to admit its key claim that Himalayan glaciers would melt by 2035 was lifted from a 1999 magazine article. The report was based on an interview with a little-known Indian scientist who has since said his views were “speculation” and not backed up by…

A Lesson In Moral Hazard – Blaming Capitalism Is Wrong

Why blaming capitalism for the problems of fascist government policy is wrong: It doesn’t take a rocket scientist to figure out that when you back junk sub-prime loan packages with tax payer dollars, lenders have a massive incentive to make outrageous loan deals. The “fraud” is the moral hazard our government created when it backed…

Obama Czar: Infiltrate All 'Conspiracy Theorists'

WND reports: In a lengthy academic paper, President Obama’s regulatory czar, Cass Sunstein, argued the U.S. government should ban “conspiracy theorizing.” Among the beliefs Sunstein would ban is advocating that the theory of global warming is a deliberate fraud. Sunstein also recommended the government send agents to infiltrate “extremists who supply conspiracy theories” to disrupt the…

You're A Sharecropping Serf

When government puts a gun to your head because you didn’t pay your rent, we have lost the definition of private property in Amerika. Mises explains (more at link): Most social problems which perplex national leaders could be solved fairly simply by an increase in the amount and type of property owned. This would entail…