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Gore Flees in Panic from Chicago Book Signing
Copied fromlarouchepac.comI hope someone has a video of this!November 25, 2009 (LPAC)—Not since Henry Kissinger fled a team of LaRouche organizers, in the back of a delivery truck in New York City's Central Park in the early 1980s, has an obese fascist moved so fast to escape an angry crowd, as Al Gore did today in Chicago. Appearing at a bookstore in the downtown Loop, Gore was confronted by a team of demonstrators from a grass roots group called "We Are Change," as he was signing his latest fascist screed on the global warmi
Doom Loop?
Bailouts are like powerful painkilling drugs. They feel good immediately, but do enormous damage over time if abused.Politically, the pressure to avoid bailouts is very difficult to resist. In modern US history, Chrysler, Lockheed, Long Term Capital Management, and Savings and Loans have been graced with bailouts. Each bailout instance tends to be bigger - and more urgent - than the last. Economists tell us this is a moral hazard, (and here, and
Biased Media Reporting: National Public Radio
As I was driving north last Thursday afternoon listening to KTLK 100.3 FM it was encouraging to hear it reported that ten thousand people showed up at our nations Capitol to protest against the government takeover of the health care industry. It was reported that these people came from all across our country by any means possible. It was equally encouraging to hear the crowd chant "Kill the bill, Kill the bill." John Voight was also heard speaking about Liberty and Freedom, quoting our Constitution and the Founding Fathers.As I was nearing Sandstone and the signal was growing weak, the need to change stations soon arose. My addiction to talk radio led me to stop the tuner
Keynes, then Friedman, now Hayek
Amity Shlaes, senior fellow in economic history at the Council on Foreign Relations, is a Bloomberg News columnist.Her e- mail address is amityshlaes@ hotmail. com.Every economist has his day.World War II was the era of John Maynard Keynes, who taught that a few great minds can improve an economy. The 1990s were the era of Milton Friedman, when markets proved they had the capacity to slip past government and regulatory obstacles.The next few years? They belong to Hayek, and for that we can thank the effort to pass the health-care bill.Friedr
Bailout Nation
Bailouts are the new "normal". AP reports that one in five borrowers have been "reached", with permanent "mods" the next big challenge.I shudder to think what this means long term.This sort of program, once it has "reached" a large audience, does not end. Its constituency has a powerful voice, and politicians are not suicidal. What does it mean to have mortgages routinely "modified" by Uncle Sam? What lender will willingly originate a mortgage that is likely to be "modified"?
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