John Williams: Recovery faked by phony government numbers
Gold Anti-Trust Action Committee Inc.
(1) Sociopaths have no conscience or sincere empathy with others. They are fundamentally conniving, and will lie without hesitation to achieve their goals. They have no qualms or regrets about having hurt others. They can, of course, pretend they do. Some are very good at this. They may, however, exhibit Jekyll and Hyde personalities, being charming in public but flying into rages behind closed doors. The shallowness of their emotional lives makes love impossible. They are capable of marriage as they can pretend; but then ruin their spouse’s life, and that of any children involved.
(2) Sociopaths believe their wants are a completely different level from those of others, and will use or step on others to get what they want. They believe the ends justify the means. As we just said, they will kill to advance their goals or to protect their interests if they believe they can get away with it.
(3) Sociopaths see themselves—implicitly if not explicitly—as superior, because they don’t have “emotional” or “juvenile” ethics problems. They’re above all that, beyond good and evil. Again, though, they can pretend, and sound very convincing.
(4) Sociopaths are unable to accept responsibility if things go wrong. They never apologize for anything.
(5) The sociopathic notion of property rights runs something like this: what’s mine is mine, and what’s yours is mine, too, if I want it. They will defend government (or anyone else’s) measures that seize other people’s property if they believe they will reap benefits.
(6) When disaster strikes, sociopaths in power become unhinged and lash out with an attack against the wrong target. Example: Bill Clinton would order an overseas bombing to detract attention from whatever trouble he was in over here (lying under oath to a grand jury, in one instance). Example: 19 Saudis are blamed for flying planes into the Twin Towers on 9/11. The Bush II regime attacks Iraq.
(7) Sociopaths enjoy bullying and inflicting pain on others. They will spread libelous rumors, and for sport will pass off unfounded allegations as true in order to hurt someone they regard as a foe. This is particularly true in ideological quarrels, although sociopathy itself knows no ideology.
Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated.
"When the European banking system crashes (and it will) it is going to reverberate around the globe. The epicenter of the next great financial crisis is going to be in Europe, and it is getting closer with each passing day."
“But we expect that to pass through the system, and assuming no new shocks in the oil sector, inflation ought to moderate to about 2 percent later this year.”
"We, the Federal Reserve, have spent 30 years building up credibility for low and stable inflation, which has proved extremely valuable in that we’ve been able to take strong accommodative actions in the last four, five years to support the economy."
"Sadly, just like back in 2008, most people will never even see this next crisis coming."