Outside the Market

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  • Building A Better Monetary System: Part II

    148 Reads | 2 Comments | June 6, 2013

    In Part I; readers received most of the brutal truth about the rapidly deteriorating and nearly hopeless situations facing the major economies of the Western world. Our nations are all either bankrupt or insolvent, and ruled by corrupt governments who long ago stopped serving the interests of their own people. Worse still, from past experience (i.e. their own corrupt mismanagement) we have...

  • Building A Better Monetary System: Part I

    136 Reads | 0 Comments | June 3, 2013

    In attempting to remedy any particular problem; human beings are generally resourceful creatures. Thus when we tackle a particular issue and fail to come up with an adequate solution it is generally indicative of one of two flaws: defective execution of a plan, or a failure to correctly/completely define the problem. Tactical problems in attempting to implement a particular strategy are an...

  • China Juggernaut Shows No Signs Of Slowing

    167 Reads | 2 Comments | May 28, 2013

    Among my many pet-peeves concerning the business news reporting by the mainstream media is the apparent inability among this entire cadre of writers to either perform or even comprehend simple arithmetic. Nowhere is this mathematical illiteracy more-flagrant than with mainstream babble about “China’s slowing economy.” More and more frequently, this is coupled with suggestions...

  • Canada’s $24 Billion Oil-Subsidy To The U.S.

    104 Reads | 0 Comments | May 26, 2013

    It has already been reported that Canada’s tar-sands oil exports to the U.S. are at a heavily discounted price. The size of that discount is generally stated as averaging $30/barrel. At the current North American quote for crude at around $97/barrel; this discount exceeds 30%. However, rarely (if ever) is the horrific, total magnitude of this oil subsidy to the U.S. ever presented to...

  • The U.S. Energy-Independence Fantasty, Part II: Supply

    144 Reads | 0 Comments | May 22, 2013

    In Part I, readers were confronted with some of the mythology surrounding the made-for-propaganda fantasy of “U.S. energy independence.” It primarily dealt with the demand-side of the energy consumption equation. The basic dynamic of our oil-dependent economies was presented: for industrialized economies to grow there must be growth in oil consumption. What this means is that the...

  • The U.S. Energy-Independence Fantasy, Part I: Demand

    163 Reads | 1 Comment | May 19, 2013

    In the 21st century Corporate Media, where “black is white” and “up is down”; perverse reporting of economic data is par for the course. However, nowhere will one find a larger mass of hyperbole and deception than with respect to the epic myth of supposedly emerging U.S. “energy independence.” First let’s outline this simplistic fantasy. Some intrepid...

  • The World Paper Council

    60 Reads | 0 Comments | May 16, 2013

    Once upon a time, an entity called the “World Gold Council” was created. It was supposed to be an industry trade-group, which (like all industry trade-groups) promotes the health and growth of their industry. But that’s not how it turned out. To understand the World Gold Council, one need do little more than examine its history. It was created in 1987. Was this the beginning...

  • U.S Retail Depression is ‘Good News’

    57 Reads | 0 Comments | May 13, 2013

    Perverse reporting of economic data by the Corporate Media is nothing new. However, what is newsworthy is when that same Corporate Media explicitly acknowledges such perversity. Such open manipulation of the news was on display today. The context is the accelerating Depression in the U.S. retail sector; which as the propaganda machine itself regularly acknowledges, represents more than ¾...