Say Goodbye to the Good Life

by Michael The Economic Collapse (December 24 2012) Will this be the last normal holiday season that Americans ever experience?  To many Americans, such a notion would be absolutely inconceivable.  After all, in the affluent areas of the country restaurants and malls are absolutely packed.  Beautiful holiday decorations are seemingly everywhere this time of the … Continue reading Say Goodbye to the Good Life

FDA Quietly Pushes Through Genetically Modified Salmon Over Christmas Break

by Anthony Gucciardi Natural Society (December 27 2012) While you were likely resting or enjoying time with friends and family over the Christmas break, the United States Food and Drug Administration was hard at work ramming through genetically modified salmon towards the final acceptance process. Despite the frankenfish actually being blocked by Congress last year … Continue reading FDA Quietly Pushes Through Genetically Modified Salmon Over Christmas Break

It’s Not a “Fiscal Cliff” …

It's the Descent into Lawlessness by George Washingon WashingtonsBlog (December 22 2012) It's Not a Tax or Spending Problem ... It's a Devolution Into Lawlessness The "fiscal cliff" is a myth. Instead, what we are facing is a descent into lawlessness. Wikipedia notes: In many situations, austerity programs are imposed on countries that were previously … Continue reading It’s Not a “Fiscal Cliff” …

Will 2013 Mark the Beginning of American Decline?

by Simon Johnson bloomberg.com (December 23 2012) "A modest man", Winston Churchill supposedly quipped about Clement Attlee, his successor as prime minister, "but then he has so much to be modest about". We should say the same about economists, particularly their ability to forecast anything in a useful and timely manner. Those predicting an imminent … Continue reading Will 2013 Mark the Beginning of American Decline?

The Fiscal Cliff is a Diversion

The Derivatives Tsunami and the Dollar Bubble by Paul Craig Roberts Institute for Political Economy (December 17 2012) The "fiscal cliff" is another hoax designed to shift the attention of policymakers, the media, and the attentive public, if any, from huge problems to small ones. The fiscal cliff is automatic spending cuts and tax increases … Continue reading The Fiscal Cliff is a Diversion