A Woman on the Ten Dollar Bill? Why I Prefer Hillary on the Twenty.

The Treasury Secretary wants a woman on the ten dollar bill and I would rather not disgrace any woman I admire with a Federal Reserve note. Treasury Secretary Jack Lew says he is removing Alexander Hamilton from the ten dollar bill and putting a woman on it. I have heard people suggest women such as Susan B. Anthony the pro-life suffragette. I’m sure Lew has someone much less wholesome in mind. I hope so. I think Susan B. Anthony was a good person. Why would I want to smear her name by associating Read more […]

David Stockman on Ben Bernanke and the Federal Reserve

Video: David Stockman interviewed on the baleful record of Ben Bernanke and our economy. The video embedded below is a must-see interview!! Please… I beg you… watch it. Are you concerned about “income inequality”? You should be, and you absolutely must understand why it’s gotten so massive. As David Stockman brilliantly explains here it’s not because of a failure of Capitalism, but a coup d’état by Central Banks in league with governments around the world. [See also, “David Stockman Read more […]

No Fear of God among Bankers and Politicians

When the fear of God departs, you’d better be ready for the consequences. Western elites from Washington, DC, to New York, to London and Brussels have made sport of lawlessness in recent years, and because general and economic education has been so dumbed down, most citizens have no clue how much those in power have robbed us in the guise of “rescuing” us. As Jeremy Warner writes for the Telegraph: Like common brigands, central banks have been acting outside the law… by driving up the value Read more […]

New European Central Bank Policy: Not Even Ben Bernanke Was This Insane

Last night, in our Church prayer meeting, one of the topics mentioned was how difficult it is these days for people on fixed-incomes to survive (what with food prices up 20-30% in the recent past). I didn’t say it—I restrained myself—but my blood was gently boiling because one of the main culprits is systemically unjust economic policy. Savers are being brutally punished so that high-flying bankers can keep their mega-bonuses. Now today… this. From Bloomberg.com: “Draghi May Enter Read more […]

Ben Bernanke’s Honorarium Shows Us How Janet Yellen Will “Succeed” As Fed Chair

As Alan Greenspan and Ben Bernanke have both demonstrated, the number one job of the Chairman/woman/person at the Federal Reserve is to sound intelligent and unruffled. Period. As with any scam, the trickster’s main challenge is to never let the marks see him sweat. Go back on Youtube and watch Ron Paul interrogate Ben Bernanke and notice how “Helicopter Ben” always seems totally confident in his own intelligence, knowledge, and methods. No matter how badly Bernanke’s ideas failed, even Read more […]

Ben Bernanke Pretends To Explain The Reason For The Recession

The scariest thing about reading this report is to consider that Ben Bernanke might truly believe what he says—that his economic blindness is so deep he is authentically incapable of seeing reality. From Zero Hedge: So what was the reason, according to the man who was easily the most powerful person in the world for nearly a decade? Ready? “Overconfidence.” (no, not “weather”) Yup. That’s it. “The United States became ‘overconfident,’ he said of the period before the September Read more […]

Washington Times On Barack Obama, The Wall Street President

The story starts off giving far too much credit to the President: Despite his best efforts, the president who vowed to conquer Wall Street and revive opportunity for everyday Americans on Main Street has this to show for his first five years in office: U.S. stock markets are in record territory, posting 30 percent gains just last year, and Wall Street is home once again to the biggest concentration of billionaires on earth, while wages for the middle class have barely kept up with inflation. No Read more […]

Media Whitewashes A Century Of Unconstitutional One-Percenter Domination Via Federal Reserve

One hundred years ago Congress passed the Federal Reserve Act. The Washington Post published a book excerpt about the creation of the law. But that doesn’t mean it says much about deliberations in Congress. The law wasn’t created b y Congress. The law was created by a secret meeting of the wealthiest of the wealthiest American bankers. We are supposed to believe that this is all entirely good for the country. The mustachioed man in the silk top hat strode to his private railcar parked at a New Read more […]

One Man With The Power To Make Markets Jump And Dive: Proof Of Government Control

What is a clear indication that you don’t live with free markets? One is that when a bureaucrat speaks it has a huge impact on the value of the stock market, in either direction. From the Bloomberg editors: “Explain Yourself, Ben.” One day soon, perhaps at its meeting this week, the Federal Reserve will decide to curtail monthly bond purchases aimed at reviving the U.S. economy. When it does, it had better be careful with the message it sends to markets. […] If the Fed starts to taper Read more […]

Now Official: Obama Wants to Delete the “Obama” from “Obamacare”

If anyone doubts the President is embarrassed by the Affordable Care Act they merely need to pay attention to what he has said recently in defending it. According to CNS News: He didn’t use the word “Obamacare” once on Tuesday in talking about his health care law, but he mentioned the “Affordable Care Act” seven times. “So, look, I am confident that the model that we built, which works off of the existing private insurance system, is one that will succeed,” Obama told the Wall Street Journal’s Read more […]

Former Fed Reserve Official Apologizes For Quantitative Easing

This is great confirmation for what real economists have been saying about the Federal Reserve for some time, and especially about Ben Bernanke’s strategy. Andrew Huszar writes: I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I’ve come to recognize the Read more […]

Mainstream Media Doesn’t Want You To Stare Directly At Our Economy

What a lovely headline from the Associated Press at the L. A. Times website! “U. S. economy adds 204,000 jobs in October” And then the teaser tells us that the media is even willing to weaken their mantra about how the government “shut down” (as if!) hurt the economy: “The burst of hiring comes despite the 16-day government shutdown…” And then a slight bit of bad news: “The unemployment rate ticks up to 7.3%.” But even that bit of bad news is soon dispelled: The U.S. economy added Read more […]