U.S. Decline, Sloth Look a Lot Like End of Rome

Mark Fisher, bloomberg.com,  03/30/2010

Historians cite the late second century as the turning point of the Roman Empire, when the once- proud, feared society began its descent into infamy.

As the ruling class was undermined by civil wars and attacks by outsiders, the Romans’ respect for law and social institutions began to erode. In the end, a combination of political and economic mistakes led to the empire’s downfall.

The U.S. today is a mirror image of the Roman Empire as it tipped into chaos. Whether we blame our bloated government, a greedy elite or a lethargic population, the similarities between the two foreshadow a gruesome future. Read more»

Money Good

Doug Noland, www.prudentbear.com, 04/09/2010

Instead of inflationism being recognized as the problem – the force behind the boom and unavoidable bust – more extreme inflationism is instead viewed as the solution. 

The long-standing U.S. national policy of promoting homeownership – and rising home prices – was fundamental to the perception of mortgage Credit “moneyness.”

The massive issuance of government “money” has always been inflationism’s trump card.  It’s now in play… Read more»

From the folks who you brought ethanol:

Entertaining, yes; though discouraging, as the quality of U.S. leadership decays along with
prospects for our financial system and our prosperity. Click Here To See Video

Ron Paul: Failure of dollar will dwarf current crisis

Edwards & Kane, 01/07/09
President-elect Barack Obama has started warning that getting the country out of its current economic hole may mean trillion-dollar deficits for years to come- but Rep. Ron Paul has very
different ideas.

Click Here To See Video

US as a Skier

Bernanke’s Credit Crunch Cereal

All Right Madoff

Buying A House

New Dollar Bill

Civil Consumption Corps