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Showing posts from December, 2013

Fed Fake Taper Means Loose Money Forever

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Fed Fake Taper Means Loose Money Foreverby Fintan Dunne, 19th Dec 2013 @ 11pm ET

The latest Taper Caper has been a propaganda-enabled total misdirection.

In truth, the Fed's feeble Taper was an admission of defeat, wrapped in a cloak of token austerity. In truth, it was the final capitulation to the new abnormal. A guarantee of broken markets and stealth confiscation from savers for the foreseeable future.

It was not the beginning of the end to loose money. It was the entrenchment of that policy.

To uncover the truth of the Federal Open Market Committee statement, watch the modifying words - not the impressive-sounding financial phrases.

For example, words like "if" and "however", give the lie to the Fed's headline plan to continue to Taper by degrees:
If incoming information broadly supports the Committee’s expectation of ongoing improvement in labor market conditions and inflation moving back toward its longer-run objective, the Committee will likely reduc…

Zuma Should Stand Down, says Mbeki

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Zuma Should Stand Down, says Mbeki
Promises 'Decisive' Move to Rescue an 'Astray' ANCby Fintan Dunne, 12th December 2013.

Former South African president, Thabo Mbeki has intimated that the current president Jacob Zumashould step aside, in the light of corruption allegations.

Reminded by Channel4's Jon Snow, that Mbeki himself had "gone quietly" when challenged by Zuma, Snow asked if the same logic applied now.

Mbeki responded that "if a president found himself in a similar situation" as he[Mbeki] once had, then it would be better to stand aside in the interests of the nation.

Pressed further in the TV interview on whether action would be taken within the ANC to address these issues, Mbeki said that the ANC membership was still inspired by Mandela's ideals, and that a "decisive" move would take place to ensure that the ANC does not go "astray".

Mbeki's comments to the UK national broadcaster mark the first time he has signa…

Mandela's Conscience Lives: In Thabo Mbeki

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Mandela's Conscience Lives:
In Thabo Mbekiby Fintan Dunne, 10th December 2013.
[Thabo Mbeki's dissident Aids stance is supported by] "febrile New York journalist Celia Farber; former marketing executive John Lauritsen; Irishman and arch conspiracy theorist Fintan Dunne.." "The Triumph of Unreason," Mail & Guardian, 19 April 2002.
When former South African president, Thabo Mbeki arrived to a hero's welcome at the FNB stadium, in Soweto today, for Nelson Mandela's celebration memorial service - he was, in effect, bestowed by the crowd with the mantle of Mandela's Conscience.

They stood to chant "Mbeki, Mbeki," with some making bicycling movements with their arms to signal their desire to 'rotate' away from current ANC leader, Jacob Zuma and his deeply corrupted South African presidency.

Even the notoriously anti-Mbeki, Mail and Guardian's associate editor @phillipdewet had to admit: 
"Well I never. Mbeki just got the loude…

Audio: Will We 'Droid Our Economy To Death?

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Are advancing technology, job automation, outsourcing and globalization leading us into an economic implosion? 

Martin Ford argues that without reform, technological unemployment across all job types will collapse demand in global mass consumer markets - triggering self-feeding cycles of yet more job losses.



Listen[mp3]: Martin Ford with Fintan Dunne
Discussion Here >
Martin Ford is the founder of a Silicon Valley-based software development firm, with over 25 years experience in the fields of computer design and software development. He has written for The Atlantic, Slate, The Huffington Post and has contributed to NPR. "The Lights in the Tunnel" shows how accelerating technology is likely to have a highly disruptive influence on our economy in the near future--and may well already be a significant factor in the current global crisis.