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POPSEconomics in One Clipby
Rustee Yesterday 11:04 PM 
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One reason that Bastiat's example has power is that it applies not just in one area of policy but all areas. If it isn't true that breaking windows creates wealth, it is not true that government spending and inflating is a boon to the economy. It only ends up draining wealth from the private sector, which is the only source of wealth creation.
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POPSWhere Does Money Come From? "Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a power somewhere -- so organized, so subtle, so watchful, so interlocked, so complete, so pervasive -- that they better not speak above their breath when they speak in condemnation of it." -Woodrow Wilson Where does money come from? Why doesn't your government own it's own money? Why does your government borrow all it's money from private banks at interest? What is "fractional reserve banking?" Our money system is a big fucking ponzi scheme, based on debt. IOUs. And IOUs taken out against IOUs. This is how the housing market collapsed, massive numbers of people unable (or too fucking smart) to continue paying the debt on houses that ad less value than the debt itself. If you use money and carry any kind of debt, you need to watch this video.
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POPSButtock-clenching at the bus stop Tory MP Philip Davies lashed out at the move. He asked: ‘Is this April 1st? The Government is virtually bankrupt and yet it is spending its last few pounds encouraging people to do Pilates at bus stops. ‘It is the nanny state gone completely mad and a shocking waste of taxpayers’ money.’
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POPSIN Unclaimed Money $320 million Indiana unclaimed money goes to the state permanently after 25 years. All residents should do a search for unclaimed money in Indiana now.
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POPSYour 6:1 Open Thread The comments from these troops is pretty compelling. And these guys are the ones fighting for us. Too bad we don't give a shit.
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POPSSaudi Arabia wins 9/11 court battle I am still wondering about the Saudi / Bush connection. The Bin Laden family were supposedly staying with old Bush when the attacks happened. They were then flown out when the sky was off limits to all but the air force. And now this remarkable bit of politics.
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POPSGeorge Carlin Quotes Give a man a fish and he will eat for a day. Teach him how to fish, and he will sit in a boat and drink beer all day.
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POPSObama funnels federal money to top campaign contributors While the Adler Planetarium earmarks look normal on the surface, there is a catch. The Chairman and two of the Vice Chairman of the Adler Planetarium Board of Trustees raised a total of almost $250,000 for Sen. Obama’s 2008 Presidential campaign. The Adler Planetarium was probably pleasantly surprised when they found that their earmark increased by $2.7 million dollars, in other words, by a factor of ten. The Chairman of the Board of Trustees, Frank Clark, stands out amongst Obama supporters. On Sen. Obama’s website, Mr. Clark is listed as a bundler who raised in excess of $200,000 for the Senator’s Presidential campaign. In 2004, Mr. Clark donated $5,000 to the then State Senator Obama’s U.S. Senate bid. In 2005, Mr. Clark became the Chairman of the Board at Adler Planetarium, and in 2006 Sen. Obama earmarked $300,000 to the Planetarium.
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POPSUnclaimed Money Search More people should check with their individual states for unclaimed property money- they may have unclaimed property checks in their name and this means extra cash. A big help in times like these.
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POPSBillions of Dollars Unclaimed Cash unclaimed property money piling-up in State Treasuries across the US because owners aren't aware they're missing money. Over $30 billion owed to millions of residents in the US!
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POPSPelosi Invests In Energy Scheme and Water Grab By T. Boone Pickens Ken Kramer, director of the Texas Sierra Club said, “Water is a resource, yet in some respects it is a commodity. It’s as essential to human life as air. That puts water in a different class.” Pelosi #dontgo Bombshell: MONEY Money. It would appear that the driving force behind Madam Speaker’s quick and forceful adjournment of Congress is money. According to Michigan Taxes Too Much blog, Madam Speaker has a substantial amount of money invested in Clean Energy Fuels Corporation. Clean Energy Fuels Corporation is a business venture started by none other than T. Boone Pickens. Clean Energy Fuels Corp, stands to gain substantially from the higher prices of gasoline and are even flaunting it on their website. http://dontgomovement.com/2008/08/11/pelosi-dontgo-bombshell-money/
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POPSUnclaimed Money Over $30 billion worth of state unclaimed property sitting in the various Treasury Departments in the US. The money piling-up because most owners of unclaimed funds aren't aware they have money waiting for them.
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POPS25%+ of all Pentagon money is unaccounted for Why Bush & Co. love war. Little known fact: George Herbert Walker, grandfather of George Bush Sr. and George Bush Jr, besides being a major financier to the Nazis along with his son-in-law Prescott Bush, was also appointed supervisor of military contracts by Woodrow Wilson. Interestingly enough, it's much easier to find out details of the family's dealings with the Nazis than it is to uncover the simple, biographical fact that the Bush dynasty has been hardwired into the finances of the Pentagon since Day One. Ripping off the nation via the Pentagon is a four generation old business for this crew. No wonder they're so good at it. 9/11 helped then both cover their tracks and take things to a new level. Wow, that's a pretty good scam for some people...I wonder where all that tax money goes? It's bad enough how they rip us off legally, let alone down the rabbit hole to...?
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POPSIraq Could Have $79 Billion Budget Surplus - Report The GAO said Iraq had an estimated cumulative budget surplus of about $29 billion from 2005 to 2007 and could have another surplus of up to $50 billion this year. The expected surplus could be lower if Iraq passes stalled legislation for a $22 billion supplemental budget for 2008 - and if the government then executes the budget. The report also estimated that this year Iraq could generate $67 billion to $79 billion in oil sales. Other US officials previously had said they expected the oil windfall to be about $70 billion.
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POPSBritish crime lords rule £40 billion underworld “British gangs are quite unlike the Italian Mafia model or the Turkish groups,” he said. “There are no set ranks, rules and structures. They are more fluid, flexible and opportunist.” Many foreign gangs active in Britain are based overseas and exploit the 11,000-mile coastline and security weaknesses at sea ports to smuggle drugs, guns and counterfeit goods into the country. Much of the media coverage of gangs has concentrated on turf wars and feuds, but serious criminal activity is focused on making money.
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