Both The Market and Government Are Irrational

One of the great economic myths is that markets are rational. Not a day passes without this myth being disproved scores of times, but the myth persists. For example, today (March 14) Bank of America/Merrill Lynch reported that “yesterday US markets started the day off with a strong rally after the solid retail sales report. . . . tailwinds are…

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Washington’s high-powered terrorist supporters

Glenn Greenwald demonstrates that not only the president but also the Washington elite are above the law. http://www.salon.com/2012/03/12/washingtons_high_powered_terrorist_supporters/singleton/

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Dennis Kucinich and “Wackiness”

US Representative Dennis Kucinich’s defeat in a Democratic primary is more evidence that americans are incapable of recognizing leadership. As the few leaders are eliminated by redistricting and by electoral fraud, the ability of americans to reclaim their liberty and economy diminishes. Glenn Greenwald’s account of the presstitutes’ view of Kucinich and what it reveals about the Washington Establishment is…

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