Great Quotes

“When exposing crimes becomes a criminal act, you are ruled by criminals.”

the group Anonymous

". . economics cannot be separated from the political and social system within which it is embedded."

http://en.wikipedia.org/wiki/Institutional_economics

"At some point you need to ask: stock market crash? What stock market? How is it still really a stock market if it hinges to such a large extent on the Fed pumping money into Wall Street banks? At the very least, you might question if the S&P still reflects an actual market at all, if that market is supposed to reflect what goes on in the economy, and obviously doesn’t. You might want to ask what purpose such a largely illusionary stock market has, what its use is within the larger economy. And while you’re at it, you might also want to answer what use the financial system as a whole is to the real economy, if all it does is squeeze money out of it."

http://www.nakedcapitalism.com/2013/11/ilargi-deflation-a-stock-market-crash-and-then-christmas.html

It has been a stunning metamorphosis: The peak of the bubble, the apogee of all the craziness that was maligned and ridiculed, has become, abracadabra, a target for the housing “recovery.” The “healing process” won’t be complete until the prior bubble in home values has been outdone around the country. This is the level of insanity to which the Fed has driven this country.

 http://www.testosteronepit.com/home/2013/12/31/cracks-forming-in-housing-bubble-ii-but-this-time-its-differ.html