Politico is reporting that newly installed Treasury Secretary Timothy Geithner issued new rules Tuesday restricting contacts with lobbyists – and then hired Mark Patterson, who was a registered lobbyist for Goldman Sachs from 2005 until April of 2008, to be his top aide.

I guess we are supposed to think that do as I say not as I do is change to believe in.

There it is.

In The Know: Should The Government Stop Dumping Money Into A Giant Hole?

Financial expert Mike Shedlock (Mish) says in his blog today…

“There is no official definition of depression. Here is mine. When the U-6 unemployment rate rises above 12.5 in conjunction with a stock market that is down close to 50%, it’s an economic depression. We are in one.”

Click on image for more detail.

Now commercial real estate is looking for a taxpayer bailout.

George Orwell was ahead of his time for sure.

Bernie Madoff who made off with billions of dollars is nothing, in terms of ponzi schemes, compared to what is to come. “The biggest ponzi scheme is social security” says Ron Paul and is reiterated by Max Kesier in the following two videos:

and not only social security but the basically the US and world economy…

Click here

Just a note on the numbers in the graph below… 96.34% of all statistics are made up on the spot (o;