Tag Archives: Paul

America’s 1% never had it so good. Another 10% or so are OK. Most others face harder than ever hard times with no end of misery in sight. Expect no change post-November, no matter who’s elected president or controls Congress. Economist Paul Craig Roberts calls America’s economy “dead.”

What can’t go on forever, won’t. Progressive Radio News Hour guest Bob Chapman warned investors for years. It’s just a matter of time. Houses built on sand collapse. American and European economies are no exception. They’re sick and getting sicker.

Another Greek crisis approaches, Chapman warns, whether “via austerity, demonstrations, military coup,” or perhaps the worst of all three if public rage erupts in violence.

Ireland, Portugal, Belgium, Spain and italy are next. BRIC giants China, India and Brazil are weakening. Pyrrhic victories conceal core meltdown trouble. Are policy makers “dumb enough to believe that austerity, lower wages and higher taxes bring prosperity?” What’s happening in Europe and America looks “surreal.” Recovery’s an illusion.

Another dirty secret is that France, Britain, and other EU countries also show weakness. “These problems are going to go on and on and on,” says Chapman.

Economist David Rosenberg also warns of trouble. Disturbing signs are everywhere. In America alone, consumer spending stagnated. Core capex shipments are down. The trade deficit’s widening. Mortgage applications are falling. Mortgage refinancing activity collapsed. Gas prices are heading for $4 a gallon on their way perhaps to 5.

This is what Occupy Wall Street is fighting for.

Read more: http://www.veteranstoday.com/2012/03/31/papering

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Like Iowa, more dirty tricks in Maine to insure Romney inevitability. Paul refuses to concede.

In an effort to insure a Romney nomination, it appears he and the republican establishment have resorted to more cheating and dirty tricks.

Last night the Ron Paul campaign sent an email to supporters regarding the caucus results from Maine. Below is a portion of the comments by Paul’s campaign manager John Tate.

“Ron Paul will win the most delegates out of Maine tonight.

In fact, he will probably even win the ‘beauty contest’ straw poll the media has already called for Mitt Romney – even before all the votes have been tallied.

In Washington County – where Ron Paul was incredibly strong – the caucus was delayed until next week just so the votes wouldn’t be reported by the national media today.

Occupy Wall Street thinks this is as horrible as horrible can get.

Read more: http://www.bluestatepress.com/politics5/news_024.htm

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