The Real World News and Commentary – September 2, 2012

In the ferment within today’s Republican Party, there’s a growing realization that America’s system of fiat money is part of the economic problem.

http://www.gata.org/node/11703

The Sound of Music – Trailer [1965] [38th Oscar Best Picture]

http://www.youtube.com/watch?v=KuWsQSntFf0

“Our states are in trouble and no amount of budget gimmicks, political posturing or hiding bills will fix the massive debt that they face,” said Bob Williams, president of State Budget Solutions. “Drastic reforms, innovations and political courage are needed to put our states back on the road to fiscal survival.”

http://in.reuters.com/article/2012/08/28/usa-states-debt-idINL2E8JS6ZT20120828

I’m not sure that the leadership is alert enough to be able to implement the gold standard again, but they should really consider, at least, returning to something like the gold exchange standard.”

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/9/1_Art_Cashin_files/Art%20Cashin%209%3A1%3A2012.mp3

Ben Bernanke should return the Fed to its golden roots

http://www.washingtonpost.com/opinions/ben-bernanke-should-return-the-fed-to-its-golden-roots/2012/08/30/033bd9f0-f2d5-11e1-892d-bc92fee603a7_story.html

Obama breaks vacation, keeps Bernanke at Fed

http://www.youtube.com/watch?v=oOzWqyCUba4

Jim Rogers Discusses Bernanke Reappointment-Fed Policy

http://www.youtube.com/watch?v=vYmglkYzZxI

Danny Kaye – Hans Christian Andersen

http://www.youtube.com/watch?v=-ZYzbkk5X4M

Alison Krauss – The scarlet tide

http://www.youtube.com/watch?v=Kwl08VdIeFs

Risk #3 by Doug Noland

http://www.prudentbear.com/index.php/creditbubblebulletinview?art_id=10702

BEIJING–Customers are taking longer to make payments and even defaulting on debt in a number of China’s industries, particularly machinery, coal and steel, and there is a risk of this spreading to other sectors

http://www.nasdaq.com/article/china-says-payment-delays-defaults-may-worsen-20120829-00001

Italians now spend more each week to fill their tanks than they do to feed their families

http://www.bloomberg.com/news/2012-08-30/italians-squeezed-by-9-50-a-gallon-gas-face-costly-drive-home.html

World food prices jumped 10 percent in July-World Bank

http://in.reuters.com/article/2012/08/30/worldbank-food-prices-idINL2E8JU7WS20120830

In Police Shooting of Miners, South Africa Charges Miners

http://www.nytimes.com/2012/08/31/world/africa/south-africa-to-charge-marikana-miners-in-deadly-unrest.html?_r=2&nl=todaysheadlines&emc=edit_th_20120831

Toby Keith – Red Solo Cup

http://www.youtube.com/watch?v=BKZqGJONH68

A Lightning War for Liberty

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. – Ernest Hemingway

http://libertyblitzkrieg.com/2012/08/21/attention-u-s-military-you-are-being-demonized-this-is-an-extremely-important-article/

Obama back at Fort Bliss, vows to help troops ‘fully participate in our economy’

http://firstread.nbcnews.com/_news/2012/08/31/13595875-obama-back-at-fort-bliss-vows-to-help-troops-fully-participate-in-our-economy?lite

The Band Perry – You Lie

http://www.youtube.com/watch?v=jOvIamIqh4A

Godfather Luna Mezz ‘O Mare

http://www.youtube.com/watch?v=kmW3xVYQcPE&feature=related

The Funnies

http://www.caseyresearch.com/gsd/sites/default/files/Battle%20of%20Long%20Island.jpg

http://www.caseyresearch.com/gsd/sites/default/files/Hurricane%20Obama.jpg

http://www.caseyresearch.com/gsd/sites/default/files/resize/I%20can%20do%20this-468×356.jpg

http://www.caseyresearch.com/gsd/sites/default/files/resize/Hurricane-454×293.jpg