"A lie told often enough becomes the truth." – Lenin
"Great things are not accomplished by those who yield to trends and fads and popular opinion." ~ Jack Kerouac
"Collective canteens, free food, that is communism." ~ Mao
"Food Stamp enrollment has jumped 65.2 percent over the last four years."
"all you have to do is examine the historic method used all over the world by others who have problems similar to yours." ~ Malcolm X
"Revolution is based on land. Land is the basis of all independence.”~ Malcom X
"physics teaches you to reason from first principles rather than by analogy." ~ Elon Musk
Research:
Ben Dyson – banks create 97% of all new money ~ Banks ~ BBC
Does Inequality Lead to a Financial Crisis? ` Border and Meissner ~ ideas.repec
- "Credit booms heighten the probability of a banking crisis, but we find no evidence that a rise in top income shares leads to credit booms"
Farm land prices often rise even when commodites fall ~ WSJ
a good bet for the next bubble
“The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics” ~ Book Reviews: Amazon
Mental contrasting ~ pschy-it.com
U.S.
Government Spending drives 3rd Quarter GDP Growth Driven ~ Reason
- ‘If the government increases spending by a dollar – by raising taxes, taking on more debt, or printing more money – GDP increases by a dollar.’
Yet, GDP is what the planners seek to optimize #fail
Prepare to hear the broken window fallacy arguments: that the economy is better off because of #Sandy ~ http://t.co/1YXxhhoD
Elon Musk interview ~ Wired
- ‘Big aerospace companies are incredibly risk averse; they also outsource everything, says Musk.
- ‘We have essentially no patents at Space X. If we published patents, it would be farcical. The Chinese would just them as a recipe book.’
World:
Japanese and Foreign cars still dominate U.S. cars in Consumer Reports surveys ~ WSJ
Global dealmaking plunged 27% since June 30 to $743 billion from the first six months of 2012 ~ Bloomberg
protectionism a factor? #war
UBS on the $EEM bond bubble~ businessinsider 
Android had 64 percent of the smartphone software market in the second quarter, up from 43 percent a year earlier, according to Gartner Inc
Spain retail sales decimated by VAT hike ~ Reuters
The Bundesbank in the role of net debtor. ~ twitter
Germany is more likely to privately endorse printing the more credit exposure their banking system absorbs. This eventually flows to blow a real estate bubble
China:
"There can be no compromise at the moment, coming from China. Leaders would be seen to be weak" ~ Reuters
Since 1949, #China has been involved in 23 territorial disputes. China has used force in 6 of these disputes #war ~ WSJ
"The Great Leap Forward aimed to make China an industrial giant—instead it killed 45 million" The country’s (cont) ~ twitlonger
- "Communist cadres in the provinces competed for Mao’s attention and praise"
this motivates some politicians
Popularity: 3% [?]