Sunday, October 5, 2014

The real truth of the matter is

The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson.

Franklin Delano Roosevelt

Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.

Ron Paul

My favorite number is right at the top of the BLS table and it’s 155.9 million. That is the civilian labor force number for September and it compares to 154.9 million reported for October 2008 way back when the financial crisis was just erupting. The reason that rather tepid gain of 1 million labor force participants over the course of six years is important is that during the same period the working age civilian population (over 16 years) rose from 234.6 million to 248.4 million—-or by 14 million in round terms.

That’s right, the labor force grew by only 7% of the gain in adult population. That explains, of course, why the labor force participation rate of 66.0% back at the time of the crisis has plunged to a 36-year low of 62.7% in September. Or to put it another way, the employment-to-population ratio of 59.0% last month compared to just under 62% six years ago and 64.2% in the year 2000.

David Stockman

It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

Henry Ford

In fact, even the current administration now is releasing recent reports indicating that climate change is real, that global warming is occurring, that it is heavily influenced by man-made objects and that it is something we cannot ignore any longer.

Ron Kind

Meanwhile:

Light snow followed a cold front into the Chicago area Saturday morning, the third earliest we've seen a trace of the stuff dating back to 1881.

A band of rain and snow started spreading across northern Illinois shortly before 7 a.m., according to the National Weather Service.

For Chicago, it's the third earliest snow on record.  The earliest traces of snow dating back to 1881 are Sept. 25, 1928 and Sept. 25, 1944.

Chicago Tribune

The first fall of snow is not only an event, it is a magical event. You go to bed in one kind of a world and wake up in another quite different, and if this is not enchantment then where is it to be found?

J. B. Priestley

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison