Never has so much accurate and impartial information been so thoroughly ignored by the general public as in the current econmic downturn. There are numerous sites on the Internet that have been accurately predicting the steady decline of the world economy while government cheerleaders and corrupt “journalists” have been encouraging the public to smoke green shoots. As a public service, I will post a few links that are the equivalent of the “red pill” in the Matrix.
Stirling Newberry at Firedog Lake
If you have the least interest in understanding the magnitude and direction of the economic turmoil around us, you owe it to yourself to swallow the Red Pill and visit these sites. Otherwise, you will be trapped in a Matrix dream characterized by this ridiculous headline from today’s New York Times business section:
“June Sales at Ford Fall Less Than G.M. or Chrysler”
By contrast, here is a quote from Cafe Americain that shows the attitude of the Red Pill blogs:
We are on the record in the opinion that the Obama economic team is ineffective, backward-thinking, compromised, and possibly corrupt. They are serving the corporate banks and not the people. They should be replaced starting with Larry Summers who is a Greenspan and Rubin crony and the core of failure on the team. Tim Geithner should follow to find better employment for his talents, possibly as a salesman of men’s suits.