Commercial banks, our federal government and our central bank, the Federal Reserve … each supposedly an independent agent free to act in pursuit of its own agenda … are locked in an unbreakable, incestuous embrace. Each of them is dependent on the … Continue reading
Excellent news, Jose and Hans and Dieter and Pierre! The Greeks have been saved at the eleventh hour once again by the combined genius of the greatest financial and political minds in Europe. All Hail! Another Nobel Prize surely waits in the … Continue reading
A research group named Prognos AG ran a study to assess the damage, the fallout, if any of the PIIGS were to bail out of the EuroZone. They imagined a range of possible outcomes, ranging from Greece leaving by itself to … Continue reading
I am guilty. Mea culpa, mea culpa. Even someone like me … who labors daily to clear way the obfuscating clutter of politically correct language and expose the hard reality of things, one who is conscious of the propaganda … can … Continue reading
US Federal Reserve Chairman Ben Bernanke gave a speech last week. It was hard for me to tell if he didn’t really believe some of the things he was saying and was saying them solely for political purposes, or if … Continue reading
If you drive anything with a gasoline engine and at least half a dozen cylinders, at some point in your cloistered life you’ve thought about a road trip. And at some point in that wind-in-your-hair, screw-the-world mental contemplation you entertained the notion … Continue reading
Give it a second to load. … Continue reading
At the risk of being called a crank, put me on record as not buying this housing recovery. I think that graphic below is a false card. Not saying up isn’t better than down, but all things housing must be kept … Continue reading
I can’t say anything that would add to this first video, below. Not a damned word. This was taken in Alexandria, Virginia. Wealthy, well educated town. Beaucoup federal employees live there. Oy. Cleaning up the beautiful 1940s era Remington 1100 Grandpa willed … Continue reading