Comments on: Nobel Prize Winning Economist: Crisis As Bad As Great Depression Or Worse

By: charleydan

charleydan — Mon, 12 Jan 2009 17:00:48 +0000

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes

When people begin anticipating inflation, it doesn’t do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
Paul A. Volcker

Inflation is thought of as a cruel, and maybe the cruelest, tax because it hits in a many-sectored way, in an unplanned way, and it hits the people on a fixed income hardest.
Quotation of Paul A Volcker

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
Alan Greenspan

Whatever you tax, you get less of.
Alan Greenspan

“I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce [the debt] any more.” -
– Alan greenspan

“Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!” -
– Alan greenspan

Pretty much says it all

By: grandma

grandma — Mon, 22 Sep 2008 12:25:55 +0000

No 28- Carl,
You are so right. I first read ” Protocols of the Elect Elders of Zion” some 30 years ago. It has amazed me to watch their written plan come to fruition. I’m glad this is all just a bad dream. Ha.

By: Ardie

Ardie — Mon, 22 Sep 2008 05:35:48 +0000

Sorry reich-wingers but “We the People” IS a socialist statement (or communitarian if you like). “We the financial institution and the Robber Barons” is a fascist statement and it’s undemocratic to boot. It is time We the People took our country back from the fascist overlords.

By: Glenn

Glenn — Sun, 21 Sep 2008 12:09:33 +0000

“Do not put your trust in nobles, nor in the son of earthling man, to whom no salvation belongs. His spirit [life-force] goes out, he goes back to his ground; in that day his thoughts do perish.” (Ps. 146:3, 4) No human leader is immortal. His dead body ultimately disintegrates and returns to the ground, from which man originally was taken. (Gen. 2:7; 3:19) The eventuality of death undermines confidence in human leadership, if nothing else does.

WHY HUMAN LEADERSHIP MUST FAIL

There are basic reasons why human leadership must fail. For one thing, mankind’s Creator says: “It does not belong to man who is walking even to direct his step.” (Jer. 10:23) But human leaders have been trying to direct their steps while ignoring God and his Word, the Bible. World conditions, however, testify to the truthfulness of what the Creator said.

By: winsone

winsone — Sat, 20 Sep 2008 19:36:40 +0000

hilarious that people think this is the fault of “socialism”. hilarious.

By: Kevin Rogers

Kevin Rogers — Sat, 20 Sep 2008 12:03:32 +0000

Norway pulled out?? That’s fucking great! Maybe I’ll move there instead of Russia.

What is our country turning into???

By: www.myspace.com/mattmosleymovies

www.myspace.com/mattmosleymovies — Fri, 19 Sep 2008 14:41:39 +0000

Sorry but today a nobel Prize winner saying something does mean shit.

Henry Kissenger got one in the 70’s and Bush/Cheney got the prize in 2002 for their “work” after 9/11.

By: Zealand

Zealand — Fri, 19 Sep 2008 08:45:49 +0000

Awesome interveiw, I’ve made copies from Prison Planet TV for a couple of friends.
Anyone who wants to support Alex Jones’ efforts needs to put their money where their mouth is and become a member of Prison Planet TV. It’s the least you can do to help support our troops at the tip of the spear.

By: NoBozos

NoBozos — Fri, 19 Sep 2008 03:10:55 +0000

Stiglitz and Paul Craig Roberts tell it just like it is! What we have is a crumbling socialist government with crazymen in charge. They are pilfering the economy and raping the American taxpayer. They need a diversion to get attention off them so they can continue the looting. American Idol and football fans will wake up someday to the harsh light of reality, and they will realize what suckers they have been after it is too late.

By: WIGGINS

WIGGINS — Thu, 18 Sep 2008 20:34:51 +0000

Phil B @25
I think you’ll find Norway pulled out of the EU. Probably the wisest move they ever made.