When the government and government connected institutions function as the private sector there is no powerful alternative to them. You are strong on the particulars but have trouble seeing the meta picture that is represented by the Eagle circling the chicken in the yard. Happy New Year. I've got to prepare the community center for our Nuwatiequa so I won't look again until Monday. We have an all night ceremony tonight where we will be celebrating the past but imagining the future year into being through a community Council Meeting that runs to Sunrise tomorrow and the New Year.
REH From: futurework-boun...@lists.uwaterloo.ca [mailto:futurework-boun...@lists.uwaterloo.ca] On Behalf Of Steve Kurtz Sent: Saturday, September 07, 2013 6:24 AM To: Futurework list; Ottawa Dissenters Subject: [Futurework] The Fed Has Wasted Trillions and the US Remains in Depression Even part-time jobs are tougher to get in the US now. Printing fiat does not create natural wealth nor provide more well-being. It merely reprices things; and in this case the bad investments (bonds, mtges, other loans) that should have gone to zero were purchased BY THE FED at bogus prices to bail out the power elite. Hierarchy at work! The free lunch to them is at the expense of the National Debt. I posted 2 pieces explaining this by Charles Hugh Smith, and there was no response. Steve http://www.zerohedge.com/contributed/2013-09-06/fed-has-wasted-trillions-and -us-remains-depression
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