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Plato’s Cave: Are the wheels coming off the economy as Obama pushes for another stimulus?

Posted by Greg L on June 14, 2010 · Leave a Comment

The philosopher Plato once offered an allegory about a cave where prisoners are chained down and forced to look upon the front wall of a cave unable to turn their heads. To the back of the prisoners lies a puppeteer casting shadows upon the wall which the prisoners perceive as reality mainly because they can’t … Continue reading →

Filed under Economics, Financial Crisis · Tagged with Economic Collapse, Economic Stimulus Plan, Plato's Cave

Reading the Tea Leaves: A Hard Rain and Trouble Seen Ahead (Possible Economic Collapse)

Posted by Greg L on May 18, 2010 · Leave a Comment

Richard Russell is a well respected publisher of an investment newsletter known as the Dow Theory Letters which cover domestic and foreign securities and commodities markets. He’s one of these guys who everyone in the investment industry listens to and he let loose with some commentary today that has made a number of people … Continue reading →

Filed under Financial Crisis · Tagged with bailouts, Economic Collapse, Richard Russell

“If we remain poor and dependent, the riches of other men will not avail us. If we are ignorant, the intelligence of other men will do but little for us. If we are foolish, the wisdom of other men will not guide us. If we are wasteful of time and money, the economy of other men will only make our destitution the more disgraceful and hurtful. “
Frederick Douglass
“If you form the habit of going by what you hear others say about someone, or going by what others think about someone, instead of searching that thing out for yourself and seeing for yourself, you will be walking west when you think you’re going east, and you will be walking east when you think you’re going west. This generation, especially of our people, has a burden, more so than any other time in history. The most important thing we can learn to do today is think for ourselves.”
Malcolm X
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Plato’s Cave: Are the wheels coming off the economy as Obama pushes for another stimulus?

Reading the Tea Leaves: A Hard Rain and Trouble Seen Ahead (Possible Economic Collapse)

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