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Read through the most famous quotes by topic #collaps
I think the best president - because he changed the whole mood of the country, the whole economy of the country, and stood up to Communism... that was continuing its causes around the world, and backed them off and caused them to collapse - and that was Ronald Reagan. ↗
Man steps on an ant when he can't catch the fly. ↗
#economic-collapse #environmentalism #extinction #gaede #globalization
It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with. ↗
#continuing #crisis #dealing #eight #end
He tans into burning while the opening fanfare to "Peaches en Regalia" flows over him, the bugle call for a hippie army that marched at the peak of the American parabola, that moment when physics held its breath to allow levitation, a small reward before the descent. The hippies knew it then, Maggot Boy Johnson thinks; they couldn't build it into words but they could feel it; a floating in the stomach as history shifted direction. They stopped, hey, what's that sound, and knew that the spiny skyscrapers reflected in the river, the chasms of concrete, the wide streets and sidewalks, the power lines cutting into the hills and mountains above missile silos, the highways drawing lines across the blank plains under enormous skies, the pupil of God's eye, would be the ruins that their grandchildren wandered among, the reminders that once there was always water in the faucet, there was electricity all the time, and America was prying off the shackles of its past. The vision opened up to them and winked out again, and those it blinded staggered through their lives unable to see anything else, while the rest of them wondered if they had only dreamed it. ↗
The American share of the crisis began with grossly improper mortgages provided to wholly unqualified borrowers, all directly caused and encouraged by government distortion of and interference in the market. The government’s market deformation and market intervention was in turn the result of two factors: political favouritism and Leftist ideology, on the one hand; and upon the other, corruption: the blatant cooption of such Friends of Angelo as Mr Dodd and of such bien-pensant Lefties as Mr Frank. The stability and efficiency of any market is directly proportional to the amount and trustworthiness of market information. The Yank Congress, for blatantly partisan and ideological reasons, gave out false information to the market, pushing lenders into making bad loans and giving out, with the appropriate winks and nudges, that Fannie (will Americans ever realise how that sounds) and Freddie, imperfectly quangoised, were ‘really just as good as the Treasury’ and were in any case ‘too big to [be let] fail’: which, as it happens, was untrue. Similarly, this moronic mantra of ‘too big to fail’ was chanted desperately and loudly to drown out the warning sounds of various financial institutions on the brink and of the automobile industry. Incomprehensible sums of public money were thrown at these corporations so that they could avoid bankruptcy, and have succeeded only in privatising profit whilst socialising risk. ↗
Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent. ↗
Initially charged with assaulting a police officer and resisting arrest I was held for 36 hours, was beaten by cops and made to stand spread eagled against the cell wall for 12 hours with no food or water, until I collapsed. Everyone was strip searched on the way in. ↗
#arrest #assaulting #beaten #cell #charged
