Those interested, first go to...
http://market-ticker.org/archives/84...e-America.html
Second, to......
http://market-ticker.org/
Both articles concern "The Bezzle" - that is, our government's refusal to uphold the law and force the truth to be disclosed both publicly and to investors.
About "The Bezzle":
There’s a name for the part of the cycle we’re in — It’s called the “bezzle.”
Richard Parker of Harvard’s Kennedy School knows all about it. Professor Parker good to have you with us.
PARKER: Delighted to be here.
VIGELAND: So, tell us. What is the “bezzle?”
PARKER: The “bezzle’s” a term that was coined by the American economist John Kenneth Galbraith in a book called “The Great Crash: 1929” which he wrote in the middle of the 1950s. What he recognized was that at any given time there is a certain amount of embezzlement going on in the economy. Now this falsely inflates the sense of the total wealth of the economy at that moment. Because, not only does the embezzler now have substantial resources under his control but the embezzled does not yet know that he or she has lost those resources. And so there’s, in effect, a kind of double counting of wealth of both the victim and the victimizer. And the inventory of that duplicity is what Ken called the bezzle.
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No matter how bad you think it is, it will be 1,000,000 times worse.
Radioactive mutants. Radroaches. A barren wasteland with scorched trees and horrid scrub brush will hid the mangled corpses and gnawed bones of the lucky - those who died early.
This is the reality. Get used to it. I voted for McCain.
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