Goolsbee said a lack of transparency is dooming the bank bailouts in Europe. It’s creating more uncertainty and he thinks Europe may be doomed. But, he added that the US is in better shape than anyone else.
Nowhere in the Constitution will one find even the slightest hint of the office of “Czar,” much less the power of a czar to rule over the American people. Yet the Obama administration is rife with such officeholders, put in place as a way to enlarge the role of the president in the midst of system that was not meant to be enlarged upon in such a way.
Russia’s ultimate plan is to re-establish control over much of its former territories. This inevitably will lead Moscow and Washington back into a confrontation, negating any so-called reset, as Russian power throughout Eurasia is a direct threat to the U.S. ability to maintain its global influence.
“What do they want?” is a common refrain in the media these days. Left-wing talking
heads and progressive TV hosts are still scrambling to figure out exactly what
the “Occupy Wall Street” crowd is up to.
Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
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