Fooled Again!

This has been an unbelievable week in the markets. Just when it began to look like the European Union was on the verge of breakup (or at least a significant restructuring), six major central banks pledged – in unison – to provide whatever liquidity banks need to remain solvent. Central banks essentially told the markets […]

Death of the Dollar

“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which the check is drawn. When the Federal Reserve writes a check it is creating money.” -The Federal Reserve, Putting It Simply, […]

The Beginning of the End

Nelson Aldrich

By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are under the control of Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed […]

Dread The Fed

Value of One Dollar From 1913

The beginning of the end for the United States economy started with the inception of the Federal Reserve, the United States Central Bank, some 98 years ago. The Fed as it’s called, is a private bank, separate from (and presumably not under the control of) the federal government. The Federal Reserve has the power to […]