A new study shows that homeownership can actually increase unemployment in that it is inhospitable to innovation and job creation. Being tied to a home you cannot sell severely crimps your ability to find a new job. Home interest deductibility is inherently unfair to renters. Yet homeownership’s reputation has not …
Podcast: Play in new window | Download (12.9MB) | Embed
There are four main areas to consider: Awareness (or Attention), Illusion, Fragmentation and Ego. As Krishnamurti taught, Attention is Everything. Without Attention, we are not ourselves. The great attributes of the United States and the way in which they have been squandered. Bill Bonner’s conversation with Neil Barofsky, whistleblower extraordinaire. …
Podcast: Play in new window | Download (13.2MB) | Embed
Nobody ever seems to wonder why this execrable institution even exists! The economy was far healthier – without inflation – until the day the Fed was created 100 years ago in 1913. It is the bankers’ bank. Why should it worry about you? More from Nigel Farage questioning the very …
Podcast: Play in new window | Download (0.0KB) | Embed
An account of Bush’s lies and the ways in which the government was able to fool people into believing that the war was costing a fraction of the reality. Waste, corruption, stupidity, arrogance… they’re all here in spades. Even today public money is still being paid to the civilian contractors …
Podcast: Play in new window | Download (13.2MB) | Embed
Lots of websites, anecdotes from recent expatriates, helpful hints to teaching English as a foreign language and other useful information… Where does the money go that the Fed prints? The everything-is-contained syndrome is again being bandied about by the politicians. Of course, nothing could be further from the truth. Europe …
Podcast: Play in new window | Download (0.0KB) | Embed
The storm clouds are gathering. Two weeks ago it was France sounding the alarm bells. Last week it was Holland. This week Australia announces that it is in trouble. The economic collapse of China is causing real problems here in Asia. The debts and deficits in the U.S. are about …
Podcast: Play in new window | Download (12.5MB) | Embed
Unhappiness, fear, stress, anger, depression: great pain epitomizes America today. The addictions and drugs are all a sad and pathetic attempt to find a way out. Listen to some harrowing statistics. The Boston Drama: the hallmark of a society hungry for stimulation where everyone dutifully plays their part. Escapism at …
Podcast: Play in new window | Download (12.5MB) | Embed
The meaning of austerity: a consequence – not a punishment. The example of Italy. How and why it must cut its deficit. What they can reasonably expect from other countries (not much). Why debt will be the death of us all. U.S households are still heavily in debt. The banks …
Podcast: Play in new window | Download (12.4MB) | Embed
The major European banks are, in effect, insolvent. We are simply awaiting an ‘event’ which will bring one of them down, causing a cascade of the rest of them. The ECB (European Central Bank) is well aware of this, which is why they refuse to divulge the names of banks …
Podcast: Play in new window | Download (12.1MB) | Embed
An in-depth analysis of this monster, along with the hope that it will be rejected for what it is: another ploy to secure markets for the U.S. It is entirely one-sided as various Malaysian spokespeople have observed. The politicians, however, tend to have different “objectives”. We shall see… Jeffrey Sachs …
Podcast: Play in new window | Download (12.1MB) | Embed
How the greatest growth in U.S. history was made possible before the advent of income tax, currently 100 years old. The most important inventions ever made took place without the existence of income tax. The importance of luck in life. Quantitative Easing, Japanese style. More attacks on David Stockman and …
Podcast: Play in new window | Download (12.5MB) | Embed
The truth about the Cyprus bank horror. “It’s just a business”… How governments and the regulators come running to the banks’ help – at the expense of anybody. Taking over customers’ deposits was not just a one-time result of a sudden, unexpected crisis; it’s been planned at least since December, …
Podcast: Play in new window | Download (11.0MB) | Embed
Report on the Richard Martin Meet-Up Group’s meeting in New Brunswick yesterday. How derivatives are starting to contaminate the system and their role in the Cyprus crisis. Government attitudes to the safety of your deposits are not necessarily what you might like to think. A vivid description of economic life …
Podcast: Play in new window | Download (12.7MB) | Embed
The next meeting will be on Sunday, 7th April, 2013 at 2 p.m. in New Brunswick, NJ. Please note the venue: 84 Somerset Street, located in the building of the Catholic Center at Rutgers University, just ½ a block from the railroad station. Please contact Jack for further details and let him …
It was the bankers who caused the American Revolution, not the tea drinkers! The same kinds of banker are setting the country up today to cause another potential revolution – for real. Benjamin Franklin, John Adams, Thomas Jefferson and others warned of this at the time – and were ignored. …
Podcast: Play in new window | Download (12.7MB) | Embed