budget deficit
The Two Sides of Precious Metals Propaganda
Propaganda is a form of control. To maximize that “control” it is just as important to dominate the bullish commentary on precious metals as it is to “lead the choir” on the bearish side. Thus the propagandists are highly motivated to get you to believe them about what is “causing” gold and/or silver to go higher on days the metals are rallying.
20Jul2011 | JeffNielson | 4 comments | ContinuedRhetoric on U.S. ‘Deficit-Reduction’ is Nonsense
Here is what is really taking place at the political circus in Washington. Republicans and Democrats are (supposedly) negotiating to reduce a small portion of future U.S. deficits, totaling $4 trillion over a period of many years. Suddenly this “Grand Bargain” doesn’t sound quite so grand, does it?
19Jul2011 | JeffNielson | 2 comments | ContinuedFiscal Suicide, Part II: A Swirling Motion
Medicare cuts (or lack thereof), government-sourced personal income, emergency loans to the states, and more. Russ discusses how it is hard to see how we’ll get by without some of this being renewed — and none of it is factored into the deficit projections.
19Jul2011 | Lee Adler- The Wall Street Examiner | 0 comments | ContinuedFiscal Suicide; The Point of No Return
The bottom line here is that the gravy train of no accountability, no consequences spending is over.
19Jul2011 | Lee Adler- The Wall Street Examiner | 1 comment | Continued