Category: U.S. Politics
I think this is rather pithy - A Word in the Ear of the Future-Seekers — Modernity is not the bridge; it is the abyss.
Fine Persecution — Every society has before it an ideal of the kind of society it ought to be, and every society, in order to uphold that ideal, needs to persecute those within it who are at odds with that ideal. Once again, however, the deep mendacity of liberalistic society manifests itself in that it denies the persecution which it carries out against its hated enemies, namely, those at odds with its ideal. This denial of the persecuted status of its enemies — along with the ridicule of them when they claim it — are additional elements for the intensifying of their persecution.
Specify, or Be Damned — Individualism does not specify itself to be in keeping with any particular society, or even with the existence of society at all, but rather it addresses itself only to an unspecified individuality. Such unspecification about what an individual should be is precisely at the heart of individualism’s boast about its being the friend and not the foe of the individual’s freely seeking to be and to do whatever he chooses. “Do what thou wilt”, it says, whereto it may add the black-box phrase, “so long as it harms none”. Now, given a teaching which says that everyone may do as he pleases, irrespective of all truth, reason, goodness, morality, tradition, authority, obedience, bonds, and so forth, “so long as it harms none”, and which, by its boasted lights, does not specify the kind of society which should be upheld, or even that any should be upheld, how is it that anyone could then come to the belief that it might after all stand as a pillar of any society, let alone a particular one, rather than being, as in truth it is, the rot upon all? One might say that here we are at the brink of sheer madness, inbequeathed through many years of listening to silly tales. But leaving aside an understanding of the teaching itself, which might conceivably have taken any name, the very name which it does carry gives us a clue to its drift, namely, that it seeks to uphold the unspecified individual, and not any society, specified or unspecified.
But he who is unable to live in society, or who has no need because he is sufficient for himself, must be either a beast or a god: he is no part of a state. 
The liberal concept of man as selfstanding being, free to set his own moral ends, is one of the biggest untruths ever told — and yet folk swallow it whole, whereat we might take it that they are greedy for something.
The conformity that is forged today through the atomized individualism that strips men of their personhood has little to do with the collective identity for which men have always yearned. The conformity today is stopgap and takeover of this natural yearning. The atomised individual is stripped bare of his humanity —which has hitherto been actualised in society —and left adrift with his “freely-formed” and “chosen” opinions, which are in truth nothing of the kind. He cannot think for himself, only of himself, as he is suffering a loss. He rebels against conformity in conformity with everyone else.
Individualism foreshadows mass-collectivism and the herd of ersatz ‘individuals’. With authorities and societies broken down, nothing stands in the way of pressing individual units of alienated humanity, hitherto existing as persons, into a mass, each homogen- ised unit shaped to fit and imprinted with a set of political ideas and economic desires.
1] Aristotle, Politica, Bk.I: 1253a:28-9, tr. B. Jowett, in The Works of Aristotle, Vol.X (Oxford: Clarendon Press, 1921).
Posted by Guest Blogger on Sunday, March 22, 2015 at 01:32 AM in Conservatism, Libertarianism, Political Philosophy, Popular Culture, Social liberalism, The American right, U.S. Politics
Susan Lindauer, peace activist, 9/11 activist, former CIA asset, and true American patriot, talks to DanielS and GW about power, politics and corruption, immigration, and the future of America and the West. You cannot fail to learn something new from an hour’s conservation with this remarkable woman..
Posted by Guessedworker on Thursday, January 22, 2015 at 07:07 PM in 9/11, Activism, Awakenings, Free Speech, Global Elitism, Immigration and Politics, MR Radio, That Question Again, U.S. Politics, War on Terror
As European(White) Nationalists, we all know that the wake of the World Wars has not birthed favorable circumstances for our people. Thus, we are decidedly less satisfied than Max Hastings that a marked separatism from Jewish power and influence was not achieved, its necessity not even understood; and along with that that a pervasive liberalism should have won-out as consequence, potentially auguring the final chapter for Europeans in entirety.
Was it “hubris” for Poland to want its nation back? I rather think not. It’s called ethno-nationalism and it is that which we should support as opposed to internationalism. Germany was still huge after Versailles. On the Polish border, all it had lost were Posen, Bromberg and Thorn. Danzig became neutral. The Max Hastings account introduces yet more discussion of Versailles to make it more understandable as an effort at justice, as it always appeared when looking at the territorial divisions. However, there have been a couple of parties who want me to run strong anti-Polish propaganda.
The large problem with that is that for those of us who view White Nationalist media as our veritable news source now (finding other, anti-White media wholly intolerable), a hypotrophied unanimity with Nazism and its antecedent regime’s military campaigns is what we get: for whatever reasons, but probably because America is so German- American that a “by-golly, Hitler was absolutely right!” perspective is all too convenient (and the most popular and economically supported of any WN perspective) in the wake of Jewish and Neo-liberal destruction; and all the more motivated with guilt trips of World War II being most pressing upon them; their having least perspective on anything but a direct desire to throw guilt trips off as entire fabrication: nuances of perspective and history are cast aside, and ultimately, the unfortunate difficulty they have in seeing our family relations and the more relative and complex justice of the circumstance seeds potential inter-European conflict, if not war. Seeds sown oblivious to the fact that we do not care to lay guilt trips upon them, certainly not subsequent generations, they go ahead and try to lay guilt trips upon us for events before our fathers lives even. Just as they want it understood that they and their forefathers were not ex-nihilo evil, but had reasons for their wars, so too those of “Allied” descent wish to claim the same.
Yes, there were corrupt forces manipulating the circumstances, but there were also justly reasoned motives. The circumstances were a great deal more complicated and justified from an Allied perspective than The Hitler contingent of WN will ever admit. That’s a problem if you want to treat WN as your media. Because Nazi Germany and Kaiser Germany were not pure and sheer victims, as the salient contingent of WN wish to claim. But so long as their childish and Jewish style of argumentation is what is being served in WN discourse, I am left no choice but to balance things off in the service of truth. There are several sites out there for those who want to take a “Hitler only good everyone else bad” perspective. You will not hear that the German regimes did have choices: Polish, Belarusian, Ukrainian and other Nationalisms, even the British, of course, could have been aligned, willing and able to fight Soviet incursions (had done so already in some instances).
Until there are other, or more, WN sites which care for the truth and represent events in the context of their nuance and balance, I must continue to highlight discussions such as that from Max Hastings. In fact, there is much there that one would never hear and learn about if the now standard WN position on several sites - “Germany’s war efforts only good, their people only victims” - were the only perspective heard; and there is a great deal of intimidation that it be the only perspective heard in WN, to the point where the opposite of PC is in effect, to where it is a veritable taboo to say anything negative about Nazi Germany and its predecessors and anything good about the Allies and their predecessors. In truth, of course, there are many things for Germans to be proud of, and some things to not be so proud of. For some reason, that is too complex a fact for some to cope with. Those of us who are sick of that childish unanimity might find Max Hastings discussion refreshing and informative.
There are thoughts on responsibility in World War I which echo very much that of WWII. Thoughts on Versailles foreign to WN discourse. And of course the great taboo in WN, to suggest that a German military could have done anything worth resisting. It was of course noble to burn the library of Leuven (they just had to do that, didn’t they?); to do whatever I am not allowed to speak about to Belgian civilians there, in Dinant and elsewhere, to French and other civilians; in Kalisz as well. No, Germany was always a perfect nation, nobody can say otherwise; if you want to blame anybody, conveniently blame Poland as Hitler and Goebbels suggested, or as Friedrich the Great might have proposed of his then vanquished neighbor.
Posted by DanielS on Wednesday, December 17, 2014 at 03:57 AM in British Politics, Education, European Nationalism, Political analysis, Revisionism, The American right, The Proposition Nation, U.S. Politics, White Genocide: Europe, White Nationalism
Posted by DanielS on Monday, December 15, 2014 at 03:37 AM in Activism, Anti-racism and white genocide, European culture, European Nationalism, Journalism, Linguistics, Media, Popular Culture, Psychology, Race realism, U.S. Politics, White Genocide: America
Paul Sperry, Hoover Institution media fellow and author of “The Great American Bank Robbery,” which exposes the racial politics behind the mortgage crisis - government attempt to increase minority home-ownership instigated the sub-prime housing crisis.
Posted by DanielS on Saturday, November 15, 2014 at 04:04 AM in Activism, Anti-racism and white genocide, Awakenings, Genetics & Human Bio-Diversity, Globalisation, Immigration and Politics, Marxism & Culture War, No particular place to go, Popular Culture, Social liberalism, That Question Again, The Proposition Nation, U.S. Politics, White Communities & Micro-Economies, White Genocide Project, White Genocide: America, White Nationalism
I’m waiting to hear or read what’s not to like about this guy. Though I reserve the right to change my mind, and admit that I am not disposed and have not been looking far and wide for what not to like about him, from what I have heard (some interviews and some text), so far he seems alright.
Greg Johnson criticizes him for wasting his time, but I don’t see where Ransdell has said that standard political channels were the only means that he would ever seek - and it is clearly only a strategy to get heard. Moreover, he is also explicit in not recommending or insisting upon this strategy for everyone and all places.
Ok, he is associated with VNN and Stormfront, inspired by Rockwell and to a lesser extent by Pierce, and there may be (probably is) some guilt by association with them and other opinions on those discussion forums, but so far, from what I have heard, he himself has not said anything that I find objectionable. It would be interesting to hear what MR readers think.
Posted by DanielS on Thursday, October 16, 2014 at 09:38 PM in Activism, Media, Political analysis, Political Philosophy, Popular Culture, Psychology, That Question Again, U.S. Politics, White Nationalism
The nobly inclined, missteps, the ill-advised and the misnamed.
MR’s commentariat survey European/White Nationalist exponents.
It’d “be good (to have) a post critiquing far right nationalist movements and leaders:”
“or any other high profile organisations or individuals you can think of.”
I would be quick to add William Pierce among others.
Rather than relying on extant articles surveying these peoples and platforms, we may look at these matters afresh with the interest of MR commentariat.
Taking as a point of departure the terminology that JamesUK’s adopted upon broaching the topic, what jumped-out as salient and perhaps in need of re-naming or re-framing was The Order designated as “Right-Wing Extremist.”
...“right wing extremists like The Order”
There are also parallels with “The Sons of The Revolution” who fought for independence from Britain; we might go on to discuss them among other guerrilla campaigns which fought for independence. That is, naturally, revolution and the taking or re-taking of a nation can entail “extreme” activities according to the status-quo and powers that be.
But to begin discussion, a comparison of Bob Mathews and Józef Piłsudski is relevant to normalization as the parallels are clear, yet Piłsudski is not stigmatized, he is widely accepted a nationalist hero.
Posted by DanielS on Wednesday, September 10, 2014 at 11:24 AM in Activism, Anti-racism and white genocide, Awakenings, European Nationalism, Far Right, Law & Order, Liberalism & the Left, Marxism & Culture War, U.S. Politics, White Nationalism
“Attorney of the damned”, author of “Defensive Racism” dies imprisoned by ZOG
“Get the story out folks” - Stan Hess
From: Cyndi Steele, Sent: Thursday, September 04, 2014 8:35 PM
“The past 4 years Ed and my family have been living in a nightmare. Today, my greatest fear has come to life or maybe I should say death. Please read the message below that is being posted on the Free Edgar Steele website and sent to all of his supporters as I type this. It is with great heartbreak and devastation that I send you this news.”
Posted by DanielS on Thursday, September 4, 2014 at 11:25 PM in Activism, Anti-racism and white genocide, Demographics, Far Right, Global Elitism, Law, Law & Order, Libertarianism, Marxism & Culture War, Obituaries, Race realism, The American right, U.S. Politics, White Communities & Micro-Economies, White Nationalism
Something’s very fishy when the mainstream’s exposing TNB in this manner.
What does this implicate for separatists from centralized government?
Some White Nationalists note training programs for US Police conducted in Israel.
While we are (in 299 words) addressing David Duke and his single greatest cause issue - Jewish power and influence - with his admonition against their strategy of divide-and-conquer, we should ask..
Is it not possible that our traitorous White plutocrats would be happy to have us fight a war against that which is also their greatest enemy - Jewish power and biocultural patterns - and use us as cannon fodder?
What, after all, have they done for us?
What have they done to merit our loyalty?
What have they done to fight Jewish power and influence? mass non-White immigration into European peoples’ habitats? the destruction of European cultures and people?
Posted by DanielS on Friday, August 15, 2014 at 06:04 AM in Activism, Anti-racism and white genocide, Awakenings, Business & Industry, Crusade against Discrimination in Britain, Ethnicity and Ethnic Genetic Interests, European Nationalism, European Union, Far Right, Genetics & Human Bio-Diversity, Global Elitism, Globalisation, Immigration, Immigration and Politics, New Right, No particular place to go, Political Philosophy, The American right, U.S. Politics, White Genocide: Europe, White Nationalism, World Affairs
Texas Arcane: Kwanstainia, UKandia, Kanookistan, and the OZealands
By Robert Reis
I was led to Texas Arcane by a link at http://hawaiianlibertarian.blogspot.com/ .
What follows are excerpts from Texas Arcane’s ruminations at his http://vault-co.blogspot.com/ since 2007.
He has enlightened me and caused me to think about the world in new ways.
Extensive quotations are place between parallel lines, e.g. ===.
Posted by Robert Reis on Wednesday, March 26, 2014 at 01:50 AM in Australian Politics, Awakenings, British Politics, European culture, History, Immigration and Politics, New Zealand Politics, The Proposition Nation, U.S. Politics, White Genocide: America
Let’s start with acknowledged instances of the use of nuclear weapons and some officially unacknowledged ones.
Posted by R-news on Sunday, December 8, 2013 at 03:29 PM in Books, Education, Global Elitism, History, Media, Military Matters, Political analysis, Science & Technology, That Question Again, U.S. Politics, War on Terror, World Affairs
According to Salvador Astucia, the singlemost important reason behind the assassination of JFK was JFK’s attempt to establish détente with the Soviet Union. Let’s see why this was a big issue.
Posted by R-news on Wednesday, November 27, 2013 at 01:54 PM in Books, Economics & Finance, Education, Global Elitism, History, Media, Military Matters, Political analysis, That Question Again, U.S. Politics, World Affairs
J.P. Mroz has written a three-part essay titled Will the Real Wikipedia Please Stand Up?: http://www.ctka.net/2010/wiki.html.
The essay is related to the futility of trying to correct blatant disinformation on Wikipedia pages regarding the JFK assassination. What is the “real Wikipedia” according to Mroz? It’s simply what Wikipedia claims to be: a wiki edited by the general public, and one that maintains a neutral viewpoint. Mroz’s problems at Wikipedia certainly haven’t stemmed from his being in the minority. In the U.S., surveys have shown that two-thirds to three-fourths of the population doesn’t buy the lone assassin/Oswald claim. So how does one explain Wikipedia “neutrality”?
Posted by R-news on Saturday, November 23, 2013 at 03:57 PM in Books, Education, Global Elitism, History, Media, Political analysis, That Question Again, U.S. Politics, World Affairs
The previous parts established that JFK was killed by at least three hitmen: Lucien Sarti and the other two likely François Chiappe and Jean-Paul Angeletti. Hired guns are mercenaries, and have no personal stake in the matter. This part addresses the people who hired these hitmen.
The following factors would’ve motivated the murder of JFK:
Posted by R-news on Friday, November 22, 2013 at 11:28 AM in Books, Education, Global Elitism, History, Media, Political analysis, That Question Again, U.S. Politics, World Affairs
This part addresses the assassins of JFK.
JFK’s would-be assassination was revealed a month before his murder. The revealer was U.S. army cryptographer Eugene B. Dinkin. An early source of this information is Bloody Treason by Noel Twyman, and it’s mentioned in LBJ, the Mastermind of the JFK Assassination by Phillip Nelson. The following excerpts from Nelson’s book are found on pages 360-362:
What happened to Dinkin? From Phillip Nelson we have:
Posted by R-news on Thursday, November 21, 2013 at 02:28 PM in Books, Education, Global Elitism, History, Media, Political analysis, That Question Again, U.S. Politics, World Affairs
The 50th anniversary of JFK’s murder is on Nov. 22, 2013. Some believe that before 9/11, the JFK murder was the greatest game-changing event in the century that has passed. I don’t know whether this assertion is correct, but the event had major significance, and it’s time to take a look at the JFK murder.
Part 1 addresses whether the official story about who killed JFK is correct.
Posted by R-news on Wednesday, November 20, 2013 at 02:01 PM in Books, Education, Global Elitism, History, Media, Political analysis, That Question Again, U.S. Politics, World Affairs
by Leon Haller
On Tuesday June 11, 2013, at 2:15pm EST, the United States Senate is going to begin the process of destroying America as we have known it. At this time, the Senate will be voting on Senate Bill 744, which is the first step in granting a “path to citizenship” to the estimated 30 MILLION illegal aliens (99%+ non-white) occupying our country. Given horrendous other provisions in the bill dramatically increasing legal immigration, in addition to the insanely generous “family reunification” provisions already present in American immigration policy, this is the first step in the last stage (begun in 1965) of what will be the certain white minoritization of the US (with this bill, by 2020-25), to be followed by the collapse of the USA into brutal white persecution (starting 2030-35) if not actual genocide (by 2040-45, and no later than 2050).
Think Rhodesia/South Africa as our White American future.
[Of course, the Fall of White America is going to be an event of world-historical import for all the European peoples, especially in light of the economic as well as domestic racial (and indigenous demographic decline) problems in Europe today. Given how European governments are idiotically slashing their defense budgets in desperate attempts to avoid the day of reckoning with their own failed socialist welfare states, who will defend Old Europe when the young, fecund and ideologically radicalizing Maghreb rises up and looks northward, and America has disappeared?]
To move forward S.744 needs 60 “Yes” votes.
WE CAN DEFEAT THIS AMNESTY TODAY!
There are 45 Republican Senators. At least 4 are traitors on the scale of Judas Iscariot (McCain, Graham, Flake and, of course, Rubio). But if the others hang tough, or if we can augment their number with a few rural state Democrats, we can stop this treason cold!
It depends on the plain people of America showing their patriotism - NOW!!
Call as many Senators (esp Republicans) as possible, telling them to vote NO today on moving forward on the S.744 amnesty bill. I have called 31 so far (not to mention past email messages), along with my two worthless CA Democrats.
Toll free number for Capitol switchboard (they will connect you to whichever Senate offices you ask for) is:
Here are the Senators. I have eliminated both the worthless against us (eg, Schumer, McCain), and the exceptional with us (eg, Sessions, Cruz), and bolded the most important remaining ones to call (“important” because they are most amenable to influence; ie, either they haven’t firmly committed to Yes or No, or they are moderate Democrats / liberal Republicans who need to hear grass-roots opposition; or they are retiring and might do the right thing for the American working class; or they are Rubio and Graham, the former of whom is now waffling on his own bill, the latter of whom is up for re-election next year).
GW has expressed the constraint:
DanielS has expressed the constraint:
An approach offered by John Harland is to admit the historicity of Jesus in His essential mythic image as descendant of God evidenced in his own over-ruling of texts with direct bodily connection with God as Father, but to deny the historicity of the extant texts—deny them as yet another means by which dastards attempt to interpose themselves between the God-heritage of individuals and their Father, in spirit and flesh.
Ridicule of Harland’s own editing of the texts to suit his view may be conducted only at the sacrifice of the two constraints establishing the context of this presentation. Offer a superior approach if you don’t like Harland’s—either that or declare folly the entire effort to connect with the spiritual force of Christianity.
Click this link for a pdf document containing part of Harland’s account starting with “The Germans” (in the anthropological sense meaning what many identify as Celtic and Nordic pagans of the pre-Christian era), “The Catholic Church Promotes Judeo-Christianity”, “The First Breaking Apart of the Church Serpent” (regarding Henry VIII and Martin Luther), “A Further Break From the Serpent” (regarding the establishment of America), “The Strange Phenomenon of ‘Money-Mad’ Americans” (regarding the closing of the frontier and replacement of Nature and Nature’s God with money-based “culture”), “The American Dream” (the commodification, by conspirators, of the American spiritual renaissance), “The German Reich” (the parallel processes occurring in what became the nation state known as “Germany” during the 1800s leading up to WW I), “The World Picture After WW I” (the situation leading up to WW II) and the concluding section of this pdf document is “The Second World War”.
The entire book is “Word Controlled Humans” by John Harland, ISBN 0-914752-12-X available from Sovereign Press, 326 Harris Road, Rochester, WA 98579 (with which I have no business or personal relationship).
Posted by James Bowery on Wednesday, March 13, 2013 at 08:37 PM in Anthropology, Archeology, Books, Christianity, Conservatism, European culture, History, National Socialism, Political Philosophy, Psychology, Revisionism, Social Sciences, The Ontology Project, U.S. Politics
Notwithstanding the vast amount of straitening post-election commentary that has appeared across the right-wing media, I thought it might be in order to offer one or two thoughts of my own. Apologies now to anyone who doesn’t mind if they never read another word about this sorry issue!
As every politically-minded person has surely realised, the impressive block-voting of non-whites has put demographics at the centre of political calculation. The GOP in its current form is already electorally obsolete. Two-thirds of a static white electorate will never again be sufficient to command an electoral majority. The one-third of white Americans, particularly single women, voting Democrat were already gestured towards by the GOP’s rejection of Bachman, Cain, Santorum, Gingrich, and the libertarian Constitutionalist Ron Paul. Romney was supposed a flip-flopper, a RINO, and therefore electable to all those Republican voters lost in 2008. Now he is the point from which the party has to migrate to find a majority. It has to reach out to blacks and Hispanics, and it cannot even rely any more on conservative minorities like Alan West.
For mainstream political observers the interesting question is how the GOP will adapt to this new reality and retain its present constituencies. Nationalists, however, already know that the constant pursuit of conservative movements is not principle but relevance. Ultimately, it’s about power, and nothing is likely to change this time. The party managers will take the Christian Right for granted. After all, where can it go without entirely marginalising itself? The new party line will say little that is critical of illegal migrants, abortion, or homosexual politics. It will trumpet a more anti-statist and economically liberal platform. This, in turn, will redefine the political centre, and narrow the national debate even further, and that will generate a new bout of radicalism on the left.
Now let’s look for a few aspects in this of particular interest to nationalists.
Four years ago Barack Hussein Obama II was elected to the office of President of the United States of America. It was something new, and while everybody in White Nationalism saw the “hope” nonsense and the “change” nonsense for what it was, by no means every White Nationalist was unhappy about Obama’s victory. Some even voted for him.
There was, of course, another, darker, grittier hope of change, born in the belief that, inevitably, white Americans would be pushed closer to, and perhaps even beyond, what they can bear. The hand of federal government control would grow heavy. The economy would slump. The taxes would increase. The racial injustice would mount. Everything in the white American life would become worse, and not by a little but a lot. Anger, frustration and cynicism would take hold. A search for alternatives beyond the GOP, beyond the prescribed news of the media, would take hold too, and WN’s long hoped-for change in the somnolence of white America would come closer.
Well, we got the Tea Party and Arizona SB 1070, I suppose. But tomorrow the incumbent is expected by most onlookers to secure his second term. So what do WNs expect “worse-wise” from that, and how do they assess the viability of the “worse is better” scenario? Are we seeing any movement at all in the white American thrall to the mainstream? What, after all, would it look like? How long would it take to become obvious? And what, if anything, can be expected to develop in the next four years?
Harold Armstead Covington (born September 14, 1953 in Burlington, North Carolina) is an American white supremacist, political activist, and novelist. He advocates the creation of an “Aryan homeland” in the Pacific Northwest region of the United States.
In 1974, he worked for a construction company in Johannesburg, South Africa for about six months, and then went to Rhodesia and joined the Rhodesian Army. In 1976 he was deported from Rhodesia for his activities with the proto-NS Rhodesia White People’s Party, along with two of his fellow Americans, Eric Thomson and Jeffrey Spencer. He was deported on the personal orders of Ian Smith.
In 2000, Covington came out openly for territorial White separatism in the form of the Northwest Imperative.
The Northwest Imperative is based on the conviction, that the United States of America in its present form is doomed, and that it is necessary to the physical survival of the White race that a Homeland be established.
I’ve taken flak for describing Ron Paul as controlled opposition. Here I’ll discuss his stance on money. I was pointed to the following overview of Ron Paul on the money issue to correct my alleged misrepresentation of his stances.
Ron Paul argues against more regulation [on the part of the government] and pitches for a free market economy by saying that the Fed should not be given more power, whereas giving the Fed more power means less regulation by the government as the Federal Reserve banks are fully private; the more power the Fed has, the greater the influence of the “free market.”
Ron Paul addresses the housing bubble by saying that Congress and the Fed encouraged the housing industry... finally the bubble burst and “we” [government] try to [pursue stupid policies] such as stimulating the housing market, cash for clunkers.... as a result “we” have no confidence in the market economy.
Reality check: the housing bubble and its busting was caused by the bankers a.k.a. the “free market”:
Boom: generously give out loans, which are funded out of nothing, to earn interest off of nothing...
Laughing all the way to the bank: make money by selling debt that can’t be paid off to investors, make money by selling insurance against the probability of defaults, make money by gambling on the probability of defaults...
Bust: loan less and cause a recession; acquire houses for pennies on the dollar.
Another reality check: The only money created by the government comprises of coins. Stimulating the housing market and cash for clunkers is just the bankers getting the government and hence the people more under debt.
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