Director | November 12, 2010
Federal Reserve Bank Chairman Bernanke’s quantitative easing (purchase of Treasury bonds) inflates money supply, threatens devaluation of dollar, supports Democrats’ overspending, skews normal distribution of interest rates. Future Fed Treasury purchases threaten to plunge the world into permanent currency war. The permanent crisis props up corrupt socialist governments in Europe and the United States, giving […]
Director | November 9, 2010
KickThemAllOut has a new video, The Secret of Oz, a great documentary on the history of the U.S. banking system. How bankers cause depressions and recessions. Why central banks are evil. And, why gold-backed money isn’t the answer.
Director | August 13, 2010
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” Ludwig von Mises Today […]
Director | July 29, 2010
We’re just musing today over economic events of the last couple of weeks. There is some good economic news. European banks mostly passed their stress tests, so Europe is feeling more confident in its short-term credit flows. The euro is bouncing up against the dollar. Many big corporations reported high profits, so the stock market […]
Director | July 11, 2010
The Afghanistan scandal: Nita Lowey (D) figures out that the war in Afghanistan is corrupt, proposes withholding funding. Nancy Pelosi also figures it out: “I was just there for Mother’s Day, in Afghanistan, that weekend, and traveled into the country even more remotely than Kandahar,” Pelosi said in an interview in her office. “And the […]
Director | May 11, 2010
The agenda of social destruction began a couple of centuries ago, but most historians read the history of the nineteenth century as economic progress rather than social destruction. Social destruction really gains momentum under feminism. Feminism is the most efficient destroyer of societies except for the Communist dictatorship engaging in mass murder. We expect the […]
Director | May 3, 2010
Goldman has been charged with fraud in a civil suit and is currently under Justice Department investigation. At the same time, the Dodd financial regulation bill is coming before Congress. Many financial commentators seem to think it’s OK for Goldman to bundle fraudulent mortgages together as long as there is a customer. But the naked […]
