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Citizens in Hungary have located and destroyed 1000 acres of cornfields that were found to be grown with GMO seeds supplied by Monsanto.  In Hungary, GMO seeds are banned along with other GM ingredients. Health-explorer.com reports: According to Upriser, “Almost 1000 acres of maize found to have been ground with genetically modified seeds have been destroyed throughout Hungary, deputy state secretary of the Ministry of Rural Development Lajos Bognar said.

Hayman Capital founder Kyle Bass sat down recently for a conversation with Maria Bartiromo and Gary Kaminsky on Wall Street Week. He covered a variety of topics such as NIRP, income inequality, and the U.S. presidential race. As our regular readers know, Kyle correctly predicted the housing crisis, and is now calling for the yuan to be dramatically devalued.

Submitted by Koos Jansen via AllChinaReview.com,

Submitted by David Stockman via Contra Corner blog,

We use the term “Keynesian” loosely to stand for economic interventionists of all schools. The followers of JM Keynes and Milton Friedman alike fit that category. So do some of the more rabid supply siders who claim the power to stimulate ultra-high economic growth with the tools of tax policy alone.

The common denominator is economic statism. That is, the assumption that the state, including its central banking branch, is indispensable to economic progress and prosperity.

Paul Krugman Is Proof That To Be Successful Even As An “Objective” Academic You Must Serve The One Percent

Edited Transcript of A Real News Network Interview With Michael Hudson and Bill Black