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Jim C.
Member since May 2012
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The Smog of Fraud

- James Howard Kunstler -

For 3/4 of this article I was prepared to give Kunstler a rare thumbs up. It seemed he had, for once, limited an article to the discussion of a problem without tying it to some pet cause of his. But no: he did a 180 added and this, "By the way, the reason trust and credit are gone is because oil is no longer cheap and world economies can’t grow anymore. They can’t afford to run the day-to-day operations of a techno-industrial society. They can’t afford to run the day-to-day operations of a techno-industrial society."

So bankster fraud, government spending, and the machinations of the FED really have nothing to do with our present economic situation.

Commented 3721 days ago

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Beginning of the headline :Team Obama pulled a cute one last week nominating Blythe Masters, JP Morgan’s commodity chief, to an advisory committee of the Commodity Futures Trading Commission (CFTC) which supposedly regulates activities on the paper trades in corn, pork bellies, cocoa, coffee, wheat, corn — oh, and gold, too, by the way, in which JP Morgan has been suspected of massive gold (and silver) market manipulations and other misconduct lately. That would include the 2011 MF Global Fiasco in which nearly a billion... Read More

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