Is someone plotting a coup?
I couldn’t make this up if I tried. (click below for more videos) The Patriot Act “A Satanic Bargain” - Judge Napolitano
Judge Andrew Napolitano is the Sr. legal analyst at Fox News, but I promise you will forgive him after you watch these videos. (click below to watch more videos) Is oil up because gold is down?
I had a thought the other day… it could be crazy, but it also could just be crazy enough to ring true. Central bankers are up to their old gold manipulation tricks again; however, unlike in the past when oil supplies could be increased at will by domestic or foreign suppliers, their attempts to fake strength in the dollar by punishing gold has instead shifted wealth to oil and food. The Fed is powerless to prevent oil prices from rising as peak production arrives and the more they destroy gold as an alternative to dollars the more they inflate the price of oil and endanger the American economy. The Fed has no Cred
Of course I’m not referring to credit, the Fed has plenty of trees, but they are completely void of credibility. Bernanke didn’t see the subprime mess coming so why should I care how long he thinks it will continue to ravage the American economy? He’s not exactly an impartial observer. The subprime crisis is not a failure of market
I’m getting tired of hearing people like George Soros happily declare subprime proves “free market fundamentalism” will ruin the financial sector. How anybody can describe a system in which the price of money is fixed by a few secretive men in a marble palace “free” or “market” is beyond me. This crisis is not a failure of market, it’s a failure of government. Inflation is not caused by declining interest rates
Many on the street have accepted a common misconception that threatens to ruin your portfolio. They want you to believe a temporary end to Fed rate cuts will somehow indicate a shift to hawkishness with regards to inflation. That’s total nonsense. Interest rates do not need to be in continual decline to influence inflation, simply maintaining interest rates at a low level will do the trick. Inflation is not caused by the slope of rate changes, it is literally the new money pumped into the system. The fabulous life of John McCain
He thinks America’s economic problems are “psychological”… just another clueless politician. Nouriel Roubini visits Canada to talk depression
This TVO interview is from April, 2008. (click below to see the rest of this video) |
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