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Wednesday, December 3
by
amazngdrx
on Wed 03 Dec 2008 11:45 PM CST
Descent into the Maelstrom.
Deflation is rearing its depressionary head. The tipping point between recession into depression is approaching.
A maelstrom of falling prices and profits and layoffs powers itself, one by one industries enter the event horizon and plunge into bankruptcy, the memory of the corporate entity lingers after chapter 11.
Individual fortunes are gone for good, thanks to tighter individual bankruptcy laws, lobbied in by credit card companies disguised as banks, too big to fail. more »
by
amazngdrx
on Wed 03 Dec 2008 12:58 AM CST
This interview is really great! Tom says:
'...it's about national power -- not power so we can stomp all over the rest of the world, but power so we can actually be where we need to be as a country, to lead the world they way we need to lead the world and also to pass on what we need to pass on for the next generation."'
My advice, use the force Tom! more »
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