Last call
It’s early morning and the bar is about to close, but until it does, all the booze you need to wipe away your pain will continue to flow. There’s no need to worry, Ben “the bartender” Bernanke will hook you up. Ron Paul vs. Ben Bernanke
On this momentous day, following the lead of Robert Mugabe’s Zimbabwe, Bernanke is expected to drop the discount rate below official CPI and give a final blow to any American dumb enough to consider US dollars a store of value. Forget what you’ve been told, savings are so 1929. I thought this collection of one sided debates between Dr. Ron Paul and uncle Ben would be appropriate. (click below to see more videos) Fix the price of gold? Think again.
Many have long suspected government and central bank manipulation of gold prices, but in this case, as all others, eventually the market overwhelms incompetent bankers. A watchdog group is now claiming that half the American gold reserve has been sold in a failed attempt to end the rally by flooding global markets with excess supply. Gold mining halted in South Africa
What’s that in the sky? A bird? A plane? No, it’s the price of gold! Sucker Rally
I watched Mad Money with Jim Cramer yesterday and was shocked to see how bullish he appears to be, all of a sudden. In the morning he released a video online saying the Fed is stupid, behind the curve and should be investigated. He also dropped a bomb on America’s largest bank, saying that if Citigroup had to mark-to-market their entire inventory they would probably declare bankruptcy. Be on guard against “New Deal 2″ and useless stimulus packages
The fallout over this economic crisis may include disastrous impulsive reactions against free market capitalism. The enemies of freedom will argue that greed caused the subprime mess, therefore we need a new system that punishes those disgusting greedy corporations to benefit suffering innocent working poor families. I have already seen several editorials blaming a lack of regulation and demanding the government reign in the evil bastards on Wall Street. Everybody panic!
As stock markets around the world descend into oblivion on this joyous holiday, I thought I would take the opportunity to remind everyone that bankers will never let their empires slip away into the abyss. The Federal Reserve: fourth branch of government?
In previous commentaries I have scolded the Federal Reserve’s indecision and the Federal Government’s spending habits. Recently in the article Bernanke fiddles while Wall Street burns I solicited rational explanations for their behavior. The response has not been overwhelming, but today I came across the following document from the Federal Reserve Bank of St. Louis that peaked my curiosity. The Money Masters
The history of America’s struggle against European international bankers and essential background for the understanding of our current economic crisis. The most important documentary for those interested in truth. (click below for the rest of this video) Bernanke fiddles while Wall Street burns
Do something you idiot. It’s incredible how a Professor who earned much of his fame by criticizing the Federal Reserve’s ineffective communication strategy is proving to be one of the most incompetent communicators in recent history. |
Highest Rated
|
