Financial Repression Spun as a Good Thing

While this article details financial repression, it argues that it is a good thing for nations to rob their lenders. The article notes: "the average real short-term interest rate paid by U.S. government between 1945 and 1980 was -3.5 percent". If that was true when the US government was routinely running budget surplusses, what are the (real) returns now? Once adjusted for inflation, todays real returns are far worse and getting harder to hide all the time. Financial repression is not a sign of being civilized as Reuters argues, rather it is a sign of a corrupt and desparate civilization rotting at its governing core.
BREAKINGVIEWS-Financial repression is here and may be helpful | Reuters:: uk.reuters.com/article/2012/01/09/idUKL6E8C53OQ201...20109
http://chumly.com/n/f54d0f

Post from greshambouma at CHUMLY

American Company Excluded From Bidding
American Company Excluded from Contract Bidding For Military Plane:: Hawker-Beechcraft does not even get to compete for military contract it already sunk 100 million into. Brazillian Embraer, owned in part by Soros, gets the contract without competition. Where is the press on this one? If this is not more evidence that America's biggest threat is internal, then what is? While Ron Paul is not the perfect candidate, he at least understands that our biggest threat is political rot in our capital, and has been fighting that rot for decades.
Obama Administration Sends Weapons Contract to Foreign Company with Ties to Iran | RedState:: www.redstate.com/aglanon/2011/11/21/obama-administ...-iran
http://chumly.com/n/f4b631

On Corporate Psychopaths

I think the professor needs to look at the political class in DC next. Neither the politicians nor the bad apples on Wall Street could destroy us without the help of the other, that is why our Constitution gave DC so little power/authority/jurisdiction.
Beware: Corporate Psychopaths Still Occupy Positions of Power:: readersupportednews.org/opinion2/279-82/9203-bewar...power
http://chumly.com/n/f3ec1b

Size of Debt Defaults Unprecedented

Check out this chart comparing the debt of the PIIGS with prior sovereign defaults (at least in recent history), and remember financial earthquakes cause financial tsunamis.
PIIGS Sovereign Debt.jpg (JPEG Image, 660 × 416 pixels):: www.caseyresearch.com/sites/default/files/PIIGS Sovereign Debt.jpg
http://chumly.com/n/f3e921

This is How the UN Works

UN aid and that distributed through our State Department always seems to do more damage than good. Here is an example. The Islmist government of Sudan has been committing genocide in what was Southern Sudan for decades. It separated and became a seperate country several years ago. Sudan is now attemting to retake several regions. People are being bombed and starved, so the UN wants to send aid into those regions. The Sudanese government, however, insists that it can only allow the aid to be distributed through them. This is like giving Hitler aid for the suffering French resistance. What fools we have become.
Sudan to UN humanitarian chief:"We accept aid, not foreign aid workers.” | Persecution Project Foundation:: persecutionproject.org/general/sudan-to-un-humanit...rkers
http://chumly.com/n/f3e87d

The Danger Debt Poses

The author notes: "In the first decade of this century, which was by no means a weak period economically, countries more than doubled the level of debt -- to an estimated grand total of $55 trillion by the end of 2011." The world is following our lead in this self destructive trend. The first page of this article is definitely worth the read.
Ponzi Planet: The Danger Debt Poses to the Western World - SPIEGEL ONLINE - News - International:: www.spiegel.de/international/world/0,1518,806772,0....html
http://chumly.com/n/f3cf60

Foreigners Selling Treasuries

Check out the charts posted in this article. It looks like a trend line has been broken. We have become dependent on foreign investors buying increasing amounts of our debt. It is part of what makes trade deficits possible, and it looks like they may be balking at the concept.
Foreigners Dump Record Amount Of US Treasurys In Past Month | ZeroHedge:: www.zerohedge.com/news/foreigners-dump-record-amou...month
http://chumly.com/n/f1cc65