Now that the American financial sector is safe and unsound once again, has the threat of serious economic crisis genuinely passed? And has the structure of American capitalism actually improved? Or did the Fed merely dress a sow in lingerie and call her a raving beauty?
April 20th, 2010 | Eric J. Fry | 2 comments | ContinuedAll Posts Tagged With: "Paulson"
China’s Economy is Now Freer and More Competitive than the United States
Then, over the next two decades, whenever the Chinese stood up…Mao shot them down himself. Mao’s long march to power was a huge setback for human political progress – if there is any.
October 2nd, 2009 | Bill Bonner | 0 comments | Continued
A Nation of Patsies…in a World of Hurt
In the beginning, the U.S. government was specifically limited in what it could do. Now, very little remains that it can’t do. But in all matters – big or small…torturing people or taking their money – government leaders must pretend to be acting in the national interest. It’s a low-down, dirty business that usually attracts people of the same sort. People like George W. Bush and Joseph Biden…people with no sense or no principles – or neither. People who don’t know a lie when they hear it or…don’t mind telling one. That’s why we’re sorry to seem Obama in the trade; he seems like such a nice fellow…
January 20th, 2009 | Bill Bonner | 3 comments | Continued
