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Obama-nomics & Greece [link-list vanity]

Posted on 03/04/2010 8:19:10 AM PST by Arthur Wildfire! March

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Greece erupts as IMF prepares to wield axe (America’s Future)
http://www.freerepublic.com/focus/f-news/2504973/posts


151 posted on 05/02/2010 5:29:23 AM PDT by Arthur Wildfire! March (Obama's CCX air selling scam: $100 trillion in 10 years. See profile.)
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Greek protests turn violent
http://www.freerepublic.com/focus/news/2505151/posts


152 posted on 05/02/2010 1:03:50 PM PDT by Arthur Wildfire! March (Obama's CCX air selling scam: $100 trillion in 10 years. See profile.)
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Michelle Obama’s fashion designer: Going out of business...
http://www.nytimes.com/2010/05/01/us/politics/01maria.html?hp


153 posted on 05/02/2010 1:14:33 PM PDT by Arthur Wildfire! March (Obama's CCX air selling scam: $100 trillion in 10 years. See profile.)
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Obama, Promoting the General Welfare?

U.S. Missed Chances to Act on Oil Spill (Obama’s Katrina?)
http://www.freerepublic.com/focus/f-news/2504738/posts

ELEVEN DAYS LATE [Oil slick now a scandal]
http://www.freerepublic.com/focus/f-bloggers/2504881/posts


154 posted on 05/02/2010 1:45:28 PM PDT by Arthur Wildfire! March (Obama's CCX air selling scam: $100 trillion in 10 years. See profile.)
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To: Arthur Wildfire! March

Biden: We’re In A “Depression”
http://www.freerepublic.com/focus/f-news/2504079/posts

Obama Gives Unions a ‘Massive Payback’ with Executive Order, Contractors Claim
http://www.freerepublic.com/focus/f-news/2503706/posts

Bailout Bill Would Require Banks to Track and Report Personal Checking Accounts to Feds
http://www.freerepublic.com/focus/f-news/2503505/posts

Obama : Drop in GDP growth rate means we’re on the right track, or something
http://www.freerepublic.com/focus/f-news/2504148/posts

White House Declares Halt on New Offshore Drilling
http://www.freerepublic.com/focus/f-news/2503836/posts
[But he can’t stop other countries from drilling off our shore BP is a Britsih company. Then there is Mexico, Venesualia, Vietnam, Cuba, and other countries drilling off OUR shores.]


155 posted on 05/02/2010 2:16:22 PM PDT by Arthur Wildfire! March (Obama's CCX air selling scam: $100 trillion in 10 years. See profile.)
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CCX in depth research:

The smell of money ( Carbon Trading and the Money behind the Global Warming Hoax )
http://www.freerepublic.com/focus/f-chat/2505813/posts
http://www.freerepublic.com/%5Ehttp://joannenova.com.au/2010/05/the-smell-of-money

Spotlight on Gore ‘s Dual Role As an Advocate and Investor
New York Times, Nov 3, 2009, By JOHN M. BRODER
http://www.freerepublic.com/focus/chat/2505813/posts?page=27#27
Liz: Al Gore, and others, are chuckling all the way to their Swiss/offshore bank accounts.


156 posted on 05/04/2010 4:48:29 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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OIL SPILL SCANDAL ...

For those thinking of this from an economic perspective, posts began in thug-O-crat research at post 170. [links in profile.]


157 posted on 05/04/2010 5:05:43 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Question regarding Oil Spill: a new well could be dug deep beneath the sea in 90 days. Remember when rats complained that new oil rigs would take FIFTEEN YEARS? B.S. Just regulatory stumbling blocks.


158 posted on 05/04/2010 5:07:36 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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For more CCX research, it’s at thug-0-crat hit list. [link in profile.]


159 posted on 05/04/2010 5:16:16 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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U.S. Space Leadership Seen At Risk
http://www.freerepublic.com/focus/f-chat/2506003/posts


160 posted on 05/04/2010 5:41:38 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Merkel Calls For “Orderly Insolvencies” [Germany and Greece Meltdown]
http://www.freerepublic.com/focus/f-news/2506217/posts

That $421.8 Billion we ‘loaned’ out in March sure helped:

Greece Gets $146 Billion Rescue in EU, IMF Package (Update1 ...
May 3, 2010 ... Euro-region ministers agreed to a 110 billion-euro ($146 billion) rescue package for Greece to prevent a default and stop the worst crisis ...
www.bloomberg.com/apps/news?pid=20601087&sid=aqUKE

Total [most likely for all Europe] was over 400 billion ...
http://www.freerepublic.com/focus/chat/2464021/posts?page=121#121

Greek protests turn violent [We didn’t give them enough yet ???]
http://www.freerepublic.com/focus/news/2505151/posts


161 posted on 05/04/2010 6:49:43 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Biden: We’re In A “Depression”
http://www.freerepublic.com/focus/f-news/2504079/posts

Federal Government Outpaces Private Sector in Job Creation...
http://www.breitbart.com/article.php?id=CNG.f4ca4a183df2102e9ad9338f1c9b7c75.171&show_article=1
[To watch porno with tax-funded computers?]

European Central Bank President: Global Governance ‘extremely necessary’...
http://blogs.forbes.com/face-to-face/2010/04/29/ecb-president-favors-global-governance

Federal agency charged with rescuing failing pensions — failed its own audit!
http://www.publicintegrity.org/articles/entry/2061

WASTE? [Or we don’t trust the One?] U.S. has 71 million unused flu vaccine doses...
http://uk.reuters.com/article/idUKN0318959620100503

‘Vitamin bill’ sneaked into Wall St Reform legislation?
http://www.naturalnews.com/028687_Henry_Waxman_health_freedom.html

MOVE OVER, BANKERS: BIG PAYDAYS FOR CHIEFS OF TOP MEDIA COMPANIES...
http://www.nytimes.com/2010/05/03/business/media/03pay.html


162 posted on 05/04/2010 8:26:37 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Ambulance chasers and trial lawyers have a way of leeching our economy too. DNC is in their hip pocket.

STARBUCKS sued over hot tea alleged to cause burns...
http://www.reuters.com/article/idUSTRE64254J20100503?type=domesticNews
[Was there a warning-label-for-idiots on the cups, I wonder?]


163 posted on 05/04/2010 8:36:46 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Inflation up 2% in March...
http://news.yahoo.com/s/afp/20100503/bs_afp/useconomyinflation_20100503125400

LIST: 20 most stressed, least stressed counties in USA...
http://news.yahoo.com/s/ap/20100503/ap_on_bi_ge/us_stress_map_list


164 posted on 05/04/2010 8:48:26 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Obamacare encourages businesses to keep wages low
http://www.freerepublic.com/focus/f-bloggers/2506335/posts
[Businesses that pay their employees a smaller amount get a larger tax credit]


165 posted on 05/04/2010 9:09:29 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Recap on Greek Bailout DISASTER ...
http://www.freerepublic.com/focus/news/2507084/posts?page=40#40
$421.8 total, $146 Billion to Greece alone. Last March. Down rat hole.

Three dead as Greek strike grows violent (Eventually a strongman will have to quell this disorder)
http://www.freerepublic.com/focus/f-news/2507084/posts


166 posted on 05/05/2010 7:03:31 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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To: Arthur Wildfire! March

“Eventually a strongman will have to quell this disorder”

Be VERY careful with that observation...that’s what the ‘Rats are shooting for here...with ‘Bammy...hopefully before the fall “elections” ....


167 posted on 05/05/2010 7:37:16 AM PDT by mo
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To: mo

I had copied the headline, FRiend.


168 posted on 05/05/2010 8:15:59 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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CBO: Doc fix will cost more than anyone thought
http://www.freerepublic.com/focus/f-news/2507388/posts


169 posted on 05/05/2010 1:45:17 PM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Obama-Nomics & Greece [latest updates]

Bailout Bubble — a trillion for Greece? The Euro Bailout is doomed to fail
http://investigatingobama.blogspot.com/2010/05/beware-be-ready-big-crash-appears.html

Gold hits all-time high [very bad sign — we conservatives saw it coming years ago]
http://www.ft.com/cms/s/0/c43cc5fc-5d2b-11df-8373-00144feab49a.html

‘We are once again the schmucks of Europe!’ German media’s verdict as anger at Greek bailout swells...
http://www.dailymail.co.uk/news/worldnews/article-1277393/We-schmucks-Europe-German-medias-verdict-anger-Greek-bailout-swells.html

CNBC’s Rick Santelli Rips Key Democrat For Ignoring FANNIE/FREDDIE Reform...
http://gopleader.gov/News/DocumentSingle.aspx?DocumentID=184989

ONE LAST PUSH BEFORE FALL: Dems poised to move measures with high price tags...
http://thehill.com/homenews/senate/97089-democrats-poised-to-move-measures-with-high-price-tags

Obama wants federal agencies to hit the gas on hiring
http://www.freerepublic.com/focus/f-news/2510953/posts


170 posted on 05/12/2010 4:06:22 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Greece and GM: Too weak to fail [George Will]
http://www.freerepublic.com/focus/f-news/2512503/posts


171 posted on 05/13/2010 2:35:54 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Obama-nomics & Greece Update

Obama pushing $23 billion teachers union bailout
http://www.freerepublic.com/focus/f-news/2513627/posts

Top of Drudge:

Greece May Take Legal Steps Against U.S. Banks for Crisis...
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDxF1YfeViEc

Euro Breakup Concerns Grow...
http://www.bloomberg.com/apps/news?pid=20601087&sid=aqquuYOAN_sE

Germans lose faith...
http://www.timesonline.co.uk/tol/news/world/europe/article7127621.ece

Merkel: Rescue package ‘just buys time’...
http://www.breitbart.com/article.php?id=CNG.cdc149211d17e9292605abc47c6a574f.721&show_article=1


172 posted on 05/16/2010 2:05:07 PM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Palin on the Warpath

AZ governor, Palin criticize Holder for not reading law...
http://www.realclearpolitics.com/video/2010/05/16/az_governor_palin_criticize_ag_eric_holder_for_not_reading_law.html

Palin will try to help quiet furor on SB 1070 [AZ Immigration]
http://www.freerepublic.com/focus/f-news/2514263/posts
“Most recently, Palin encouraged an Illinois girls’ basketball team to “go rogue” after an administrator canceled its trip to Arizona.”

Palin takes aim at Dem women
http://www.freerepublic.com/focus/f-news/2514259/posts
[Thinking of Annie Oakly] “I kinda feel a connection to that tough, gun totin’ pioneer feminism,” she told the enthusiastic crowd of anti-abortion activists gathered to support the SBA List.

“For far too long, when people heard the word feminist, they thought of the faculty lounge at some East Coast woman’s college,” she said. “And no offense to them, they have their opinions and their voice and God bless ‘em, that’s great, but that’s not the only voice of women in America.”


173 posted on 05/16/2010 2:08:03 PM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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[Housing] Dropouts rise in gov’t loan modification program
http://www.freerepublic.com/focus/f-news/2515688/posts

Don Fredrick of The Obama Timeline & Judd Bagley on Naked Short Selling - Manuf. Crisis on Wall St.
http://www.freerepublic.com/focus/f-bloggers/2515542/posts

Assurances About GM/UAW Don’t Wash
http://www.freerepublic.com/focus/f-news/2515523/posts

Wall Street Killionaires are at it again
http://www.wnd.com/index.php?fa=PAGE.view&pageId=155185
Floyd Brown and Lee Troxler warn of speculators who ‘looted’ investors

Greece considers lawsuit against speculators
http://www.wnd.com/index.php?fa=PAGE.view&pageId=155229
Book exposes technique thought to have sparked economic plunge

Andrew Maguire: ‘Serious manipulation’ of gold, silver markets [WND’s Jerome Corsi]
http://www.wnd.com/index.php?fa=PAGE.view&pageId=153953
A London-based commodities trader claims a major New York bank is conducting serious manipulation of the silver and gold futures markets.

Three Greece Headlines [on Drudge]

France: ‘Let us not deceive ourselves’...
http://www.reuters.com/article/idUSLDE64G16U20100517

White House: ‘serious concerns’...
http://news.yahoo.com/s/ap/20100517/ap_on_go_pr_wh/us_obama_iran

Britain, Germany skeptical...
http://apnews.myway.com/article/20100517/D9FON9G01.html


174 posted on 05/18/2010 5:42:26 AM PDT by Arthur Wildfire! March (We knew deep down it was this bad. Devour ugly truths with glee -- truth is our weapon.)
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Broken Window Fallacy

French economist Frederic Bastiat


That Which is Seen, and That Which is Not Seen

by Frederic Bastiat, 1850

http://bastiat.org/en/twisatwins.html#broken_window

In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen: it is well for us, if they are foreseen. [snip] Hence it follows that the bad economist pursues a small present good, which will be followed by a great evil to come, while the true economist pursues a great good to come, - at the risk of a small present evil. [snip]

I. THE BROKEN WINDOW

[My words outside of brief quotes]

A brat breaks a window, and some economists might think, “Great. It creates work for the glazer.” So the glazer puts in a new window and earns six francs. “Stop there! your theory is confined to that which is seen; it takes no account of that which is not seen.” ... “It is not seen that as our shopkeeper has spent six francs upon one thing, he cannot spend them upon another.”

So there you go. True progess comes from a NET gain in humanity’s property. Progress is set back when property is lost, when labor is wasted, and when dreams are shattered like a broken window. Even the brat — he’s out breaking windows rather than learning a useful trade. The glazer is just restoring what was lost. The man buying the window needs to cut his budget and postpone genuine progress. Other people would have earned that six francs that would have advanced humanity’s net property.

Looking deeper: a misanthrope is glad to reduce humanity’s net property. A person who hates his fellow man hopes to manipulate others into stagnation and setbacks out of some selfish desire. He attempts to talk useful idiots into buying his contorted theories.


175 posted on 06/08/2010 8:10:37 AM PDT by Arthur Wildfire! March (Kagan ENDED Constitutional Law in Harvard: freerepublic.com/focus/f-news/2523089/posts)
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To: Arthur Wildfire! March

Weird and Wonderful US History

“In 1923, the United States produced 49% of all products worldwide. 6 In the years between 1919 and 1927, the American economy grew ten times as fast as in the years of 1900-1919. 7”

[Twenty years dominated by Teddy and Woodrow Wilson — 1900-1919. Even sharper than that — a depression that spilled into 1921. 1919 and 1927 ... sharper than that ... the Harding Recovery from 1921 policy / Roaring Twenties, leaping out from a depression through tax cuts AND spending cuts! It would be interesting to compare Teddy’s Panic of 1907 on through to Wilson’s depression into 1921 with Harding’s 1922 - 1927]

It is no wonder that this economic success attracted attention from other nations. The German public, dominated by middle class and intellectuals, never tired of praising the American accomplishments in economic issues. Even those from a socialist background, such as the Social Democrats and unionists saw the United States as a model for future German development. The US capitalist system seemed to create a population without the polarization into extreme left and right wings that was present throughout the whole Weimar Republic. Not only did it provide a solution for economical problems, but it also solved political problems. 8

The American economy was highly impressive to the Germans of the time. American practices which were believed to improve the economy streamed into Europe. The US was seen as a land of rationalisation and pragmatism. Two concepts were applied, Taylorism and Fordism.

Another expression for Taylorism is “scientific management”. Frederik Taylor, an engineer in the “Midvale Steel Company”, invented this kind of management even before the First World War. The kernel of his program was the division of labour in hundreds or thousands of exactly calculated small steps. This rationalisation was made possible by a scientification of management and production. The elimination of all useless steps led to an increase in production by forty times. 9

Fordism was invented by Henry C. Ford. His use of the assembly line in the production of his famous “Model T” car made it possible for him to produce fast and cheap automobiles in high numbers. This is the basis for mass consumption. Division of labour was also part of his philosophy. The “Model T” was produced in 7882 small steps.10 Labour became stricter and was determined by stop-watch and assembly line. [snip]

Fordism especially was warmly welcomed in Germany and found a supportive audience in the general public. It also spurred a big backdraft of secondary literature, examining and analysing Henry Ford’s writings, whose autobiography was soon to become Germany’s economic bible. 11 [snip]

http://www.nomediakings.org/malte/ha/ha_weiku.htm

5 Detlef Junker, “Die Aussenpolitik der USA 1920-1940”, in: Otmar Franz ed., Am Wendepunkt der europaeischen Geschichte (Goettingen, 1981), p. 202.
6 Hermand, p. 49.
7Ibid., p. 52.
8 Ibid., p. 49.
9 Ibid., p. 51.
10 Ibid., p. 52.
11 Mary Nolan, Visions of Modernity: American Business and Modernization of Germany (Oxford, 1994), pp. 30ff.

[And note that we were in a depression in 1920. The Harding Recovery.]


176 posted on 11/13/2010 8:50:20 AM PST by Arthur Wildfire! March (Our 2010 victory was won the Tea Party Way, not the RINO way.)
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