The boom-bust cycle is provoked
by government-engineered credit
expansions and the inevitable
corrections.
Responding to a recession
with another artificial credit
expansion postpones the recovery
and engenders, well, more boom
and bust.
The history
of U.S. recessions confirms this.
The dot.com bubble
that burst in 1999 was
followed by new monetary
stimulus almost immediately.
It did not alter
the traumatic recovery process-
which is why 40 percent of the largest
bankruptcy filings between 1980 and
the middle of this decade occurred after
the beginning of 2001.
The stimulus
eventually inflated another bubble.
As Joseph Calandro shows
in his book "Applied Value Investing,"
the housing market began to take off
in the second half of 2001, pushed by
"easy money" policies that proved unable
to reignite the productive economy.
The response
to the continuing recession
was even more stimulus.
The housing market
eventually went wild.
And here we are
http://www.newswithviews.com/guest_opinion/guest174.htm
Public-private partnerships,
a. k. a. economic fascism must
be exposed and disbanded ;
When freedom warriors
defend the system of modern
capitalism they often undermine
the principals of free enterprise,
secured by the ideal of private property.
This happens as the "defenders"
often play into globalist hands by
virtue of furthering public-private
partnership economics.
Public-private partnership
is the "new economy" brandished
by the agents of modern globalism
under Agenda 21.
The succeeding effort
to abolish private property is the
primary cause for the continuing
collapse of freedom in America.
George Washington warned;
"Private property and freedom
are inseparable."
As freedom fades,
along with American
sovereignty, the notion
of unalienable rights will
become erased from
American consciousness.
We cannot let this happen!
Public-private partnerships
and Sustainable Development
are in your community.
Today, without public awareness
of Agenda 21, the prospects for
free enterprise and for freedom
do look bleak
http://www.newswithviews.com/Shaw/michael127.htm
Exposing
The Satanic Fascist
Socialist Commie World Order
http://sovereigntysrealms.blogspot.com/