Iceland Is Fighting the Banks but Could Do Better

Though they would do better with a sound monetary theory, it is great that SOMEONE is fighting the banks! The Daily Bell has a great piece out, “Iceland vs Banksters.” Iceland’s government is considering a revolutionary monetary proposal – removing the power of commercial banks to create money and handing it to the central bank. The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling centrist Progress Party, Read more […]

Hollywood Conspires with Saudis to Produce Propaganda Against American Energy

Would Hollywood mega-stars, and movers and shakers, be willing to sell out the United States and her economic well-being for Arab cash, and a bogus environmental cause? Why, yes… yes, apparently they have no problem with that. Ed Begley, Jr., Mariel Hemingway, award-winning producer/director… exposed. James O’Keefe Premieres “Expose: Hollywood’s War on US Energy” at Cannes Hollywood celebrities caught on hidden camera accepting money from “Middle Eastern oil interests” In a blockbuster Read more […]

Inflation Is A Policy, Not An Accident

Why are prices at the grocery store getting higher, while the package and portion sizes are getting smaller? From the Ludwig Von Mises Institute of Canada: “Central Bankers: Inflation Is God’s Work” Inflation is always somebody else’s fault. Ludwig von Mises called out finger pointing central bankers and politicians decades ago in his book, Economic Policy. “The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements Read more […]

Another Bank Limits Withdrawals: Is Your Deposit Account Safe?

The rumblings are coming from all over the world… banks limiting cash withdrawals… threats of default in major investment vehicles… ATMs mysteriously all ceasing to operate… widespread discussion of destabilized financial systems and currencies, as fallout from the original Federal Reserve taper… From Zero Hedge: “Russian Bank Halts All Cash Withdrawals.” It would appear the fears of a global bank run are spreading. From HSBC’s limiting large cash withdrawals (for your own good) Read more […]

Washington Post: The Embedded Tick On The Potomac Keeps Swelling

Here is an animated map from the Crony Chronicles blog showing how the median household incomes in the counties around Washington DC have risen over the last 42 years. It is like watching a giant tick on the nation swell with blood. The Washington Post reports today: So much money to be had if you know where to look. The avalanche of cash that made Washington rich in the last decade has transformed the culture of a once staid capital and created a new wave of well-heeled insiders. The winners Read more […]

Village Voice Forced to Give Up Child Prostitution Ad Revenue

A recent article in The Hill reported that the Senate passed a resolution to force the Village Voice to take down its “adult entertainment” classifieds section. According to the resolution, the section is often used to promote child sex trafficking. The Senate condemned the Village Voice for being so concerned about money that it had lost its moral compass. Something had to be done to protect the children, so the Senate stepped in. And then I scrolled down to the comments. The top comment Read more […]

Obamacare Is Just Another Solyndra

When Conservatives think of “socialized medicine” they tend of think of wishful thinking, good intentions gone bad. I’ve been told more than once that if you’re young and don’t find socialism attractive you don’t have a heart, but if you’re old and find socialism attractive you don’t have a head. But what we need to realize is that if you are old and want socialism it is probably because you don’t have a heart but do have a head for figuring out how to buy friends and influence Read more […]

Betting on Romney

Yet another indicator of the rising star of Mitt Romney is the most recently released information from the online predicting source, Intrade. What makes the Intrade info so important is that it is not based on any public polling or leading question media survey. It is strictly based on where real people are laying real money. Like the Halloween mask numbers, Intrade is not based on pundit speculation or political posturing; the numbers measure the reaction of the free market. Like any trading Read more […]