Chuck Spinney: Afghan Fraud, Permanent War, VERY Expensive – Robert Steele: $2 Trillion a Year for DoD is Criminally Insane

Obama may want out of Afghanistan, but he is under to pressure to stay, and the Military – Industrial – Congressional Complex (MICC) still has a budgetary interest in maintaining perpetual war, be it cold or hot ( for reasons I explained here). The bloom is off the Karzai rose (as Amy Davidson explained in her 11 Jan …

David Isenberg: Trillions Later, No Lessons Learned on Reconstruction Economics

The Ghost of Contracting Past Huffington Post,21 December 2012 A report was released earlier this week by the Washington, D.C.-based Center for Strategic and Budgetary assessments that offers some useful observations on how well the United States has learned to effectively utilize PMSC. Sadly, it appears the U.S. has not yet absorbed the lessons it …

Yoda: $16 Trillion Or So – Opportunity Costs & Integrity Lost

QE For the People: What Else Could We Buy With $29 Trillion?   (September 24, 2012) Central banks could be helping communities instead of enriching predatory, parasitic “too big to fail” banks and financial feudalism. In a system that depends on lies and the credulity of the citizenry, the greatest lie is that the Federal …

Gold Transformer: Federal Reserve Transparency Ploy, End of the Middle Period in Predatory Central Banking — Fed Cannot Account for $9 Trillion + Meta-RECAP

  Ben Bernanke’s Fed Transparency … Transparent Ploy? Monday, September 24, 2012 – by Staff Report Under Ben Bernanke, a more open and forceful Federal Reserve … In what might be his final years as chairman of the Federal Reserve, Ben S. Bernanke is transforming the U.S. central bank, seeking to shed its reclusive habits …

Josh Kilbourn: Breaking Faith – $1 Trillion Student Debt Bubble Bursting — Unemployment Rate in US for 18-24 is 46%

The First Crack: $270 Billion In Student Loans Are At Least 30 Days Delinquent Back in late 2006 and early 2007 a few (soon to be very rich) people were warning anyone who cared to listen, about what cracks in the subprime facade meant for the housing sector and the credit bubble in general. They …