BrookesNews 14th Oct 2008

BrookesNews Update

How central banks destabilized the world' s economies
http://brookesnews.com/081310crisis.html
A step-by-step explanation of what caused the financial crisis. It is impossible to understand the present economic turmoil without knowledge of the economic fallacies upon which the central banks base their monetary policies. To fully comprehend the situation we also need to see why these dangerous fallacies have been adopted and are now generally accepted without question by the economics profession

The Reserve's reckless monetary policy caused the financial crisis
http://brookesnews.com/081310rbacrisis.html
It is becoming pretty clear that the Reserve really does not know what it is doing. It gives a reckless monetary expansion, it then changes to a deflationary policy after which it implements a reflationary policy. And just to ram home the point that it is without any theoretical moorings it slashes interest rates because it does not know what else it should do.

Why Obanomics = Hoovernomics
http://brookesnews.com/081310obanomics.html
Hoover's economic views is that they are not much different from Obama's. Hoover believed in protectionism, so does Obama, Hoover believed that higher taxes were necessary, so does Obama. Hoover believed in greater government intervention in the market place. So does Obama. Hoover believed in protecting money wages no matter what, so does Obama

Biden's Secret Diplomacy
http://brookesnews.com/081310bidenkgb.html
A KGB file reveals that Biden was another Democrat who wanted to cosy up to the Soviets. This liar told the Soviets he only pretended to care about Russian dissidents so as to impress the folks back home. There is no doubt about it. He and Obama were made for each other

Obama's henchmen and the rise of commufascism
http://brookesnews.com/081310obamacensorship.html
The willingness of the Obama campaign to use state power, to censor dissent even before Obama holds the actual power he seeks is deeply troubling. If he are willing to trample on the right to free speech now what would he be like if in the Oval Office?

Time to erase the carbon emissions trading nightmare
http://brookesnews.com/081310emissionstrading.html
The Rudd Government is planning to impose a destructive carbon tax on the industry. Premier of Queensland should act now to protect industry from this economic lunacy

The bailout of abominations
http://brookesnews.com/081310financialcrisis.html
Socialism has finally arrived, thanks to the shameful collaboration of the people's representatives, under the guise of saving one and all from a phony financial catastrophe. a Chicken Little tale that worked. If you have any doubts, simply have a look at the Emergency Economic Stabilization Act of 2008

What If Obama doesn't have America's best interests at heart?
http://brookesnews.com/081310obamasocialism.html
What if Obama doesn't have America's best interest at heart? What if his candidacy has to do with the willful and radical recreation of the country, one that embraces Marxist ideals? What if the "change we can believe in" is directed subversion of the Republic in favor of the sort of socialist state that America-haters like Bill Ayers have been dreaming of since the Sixties?

How much of this anger is the media's fault?
http://brookesnews.com/081310medialies.html
Is it really a surprise that individuals prone to support McCain that have been following the election closely enough to read alternative, or new media are outraged right now? It's certainly no surprise to me that the lop-sided coverage breeding so much frustration among so many would now attempt to turn that frustration into yet another negative against John McCain and his supporters