The talking-heads in the mainstream media spend so much of their time talking out of both sides of their mouths that they have clearly become oblivious to the extent of that double-talk. This is the only rational explanation as to the insistence of the mainstream media in repeating the same self-contradictions.

In Part I, I rebutted one of the great myths of the mainstream media: that the terminal debt-problems facing Western economies are/were the consequence of reckless spending. I pointed out how the reality was that in fact we were in the midst of the worst revenue crisis in the history of our economies, and then in Part II I described some of the symptoms of that crisis.

In Part I, I rebutted one of the great myths of the mainstream media: that the terminal debt-problems facing Western economies are/were the consequence of reckless spending. I pointed out how the reality was that in fact we were in the midst of the worst revenue crisis in the history of our economies, and then in Part II I described some of the symptoms of that crisis.

Gold is a barbarous relic.

Even most ordinary people who rarely pay any attention to topics in the realm of economics will be familiar with this expression. Like most of the Big Lies from the media propaganda machine, our governments have made sure that most of us have heard this one enough times to have it burned into our psyches.

Gold is a barbarous relic.

Even most ordinary people who rarely pay any attention to topics in the realm of economics will be familiar with this expression. Like most of the Big Lies from the media propaganda machine, our governments have made sure that most of us have heard this one enough times to have it burned into our psyches.

In Part I it was necessary to spend most of my time/energy dispelling the fiction from the mainstream media that the debt-crisis afflicting most major Western economies is due to government over-spending. As I demonstrated with a combination of unequivocal charts, clear logic, and simple arithmetic; the U.S. economy is clearly in the grip of the worst revenue crisis in its entire history.

While some may argue my criticism of the insipid mainstream media is too extreme, my rebuttal is simple: “don’t shoot the messenger.” It’s not simply that these media drones are wrong consistently – indeed, almost unfailingly – but in many instances their reporting on issues is literally 180 degrees opposite to the facts.

I’ve had enough. Day after day of 100% manure from these propagandists. It’s time to shout out that “the Emperors are wearing no clothes.”

For three years we have had to listen to B.S. Bernanke (yes, his initials really are “B.S.”) drone on and on about the mythical “U.S. economic recovery.” I recently pointed out with an abundance of long-term charts and elementary reasoning that it wasn’t even theoretically possible for the crippled U.S. economy to be growing.

In Part I, I presented readers with the premise that the next rally for the precious metals sector would be triggered by either some significant “event” or (worse) a full-fledged market crash. Indeed, I suggested to readers that with gold and silver seemingly “trapped” (by the banksters) in a trading range that the sector needed a catalyst of this nature to break the metals free from this manipulation inertia.