25. February 2010 by admin.

Usually, the Federal Reserve (which is a private bank run by both U.S. and foreign national bankers) sells our debt to third parties, like other countries.  However, in 2009, there weren’t enough—by far—entities willing to buy our debt.  So what do you do when you’re having a sale and only 20% of your items are purchased?

If you’re the Federal Reserve, you buy it (80% of our T-Bonds) from yourself.  This way, you provide the illusion to citizens that the economy is actually working and not simply a larger version of the Bernie Madoff Ponzi scheme.  But it is an illusion, nonetheless, and that’s what’s depressing as Hell.

Here’s a CNBC clip where this was actually discussed and called a “Ponzi Scheme”.

Here’s the article where I found out about this depressing state of affairs.

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24. February 2010 by admin.

Here’s a great post on why our current economic system is failing and why we need to find a better way….

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9. February 2010 by admin.

This is a photograph I shot at the Farmer’s Market not too far from where I live.  It was a rare sunny day, which might partially account for this woman’s look of bliss.

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9. February 2010 by admin.

“Collapse”:  a documentary about Michael Ruppert.  Ruppert’s story itself is interesting enough (former star LAPD Narcotics Detective who was asked to join the CIA and help smuggle drugs into the U.S., refused and became a journalist instead), but his views on the coming collapse of the age of oil and our way of life based on oil are the most compelling part of the documentary.  Don’t dismiss it as the rantings of some whack-job. 

Ruppert predicted the 2008 financial collapse 3 years in advance.  “It’s not that Bernie Madoff is a pyramid scheme…the whole economy is a pyramid scheme!”

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8. February 2010 by admin.

Here’s a photo from my upcoming photography book on classic American cars.  I’ll post details on where you can purchase the book, as well as more advance photos as I get closer to finishing in 03/2010.

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5. February 2010 by admin.

I predict this is going to be a big hit…a different kind of comic-book-based movie.

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2. February 2010 by admin.

Read this and ask yourself…’how much are we willing to give up in police, fire, social services, infrastructure, so that the U.S. can keep spending $600 BILLION a year on weapons, wars, and equipment we don’t need?

http://globaleconomicanalysis.blogspot.com/2010/01/massive-layoffs-coming-in-nyc-nevada.html

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2. February 2010 by admin.

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2. February 2010 by admin.

Thin line between the ‘haves’ and the ‘have-less’.

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