1 of 4812345678910...Last »

Tag Archives: Federal Reserve

Rand Paul Responds to Politico ‘Hit Piece’ Criticizing His Position on the Fed

If you want to read the piece to which Senator Paul is responding it is HERE.

Basically the bankers are coming with all guns for the guy who might expose the central bank racket they’ve been running for a very very long time. If everyday people were to actually learn of the things the Federal Reserve has done, indeed why it exists (to backstop the big banks – with the wealth of the American people – and to keep the debt game rolling) there is the chance that the American people might just call bullsh*t on the institution. The bankers, the banking “shamans,” can’t have that. Their power is unfathomable to the average person and that is how they would like to keep it.

Read More

The “Audit the Fed” bill currently in Congress has the central bank scared

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 control of the Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed of their covert activities. It is true that the committee hearings and activities are closed to the public; but at least the people’s representatives in Congress insure some accountability for these secret agencies.
It is little known, however, that there is a federal agency that tops the others in secrecy by a country mile. The Federal Reserve System is accountable to no one; it has no budget; it is subject to no audit; and no Congressional committee knows of, or can truly supervise, its operations. The Federal Reserve, virtually in total control of the nation’s vital monetary system, is accountable to nobody – and this strange situation, if acknowledged at all, is invariably trumpeted as a virtue. – Murray N. Rothbard from The Case Against the Fed

Read More

The world is headed for another debt ‘heart attack’

Debt is addictive. Once one gets on the stuff it is nearly impossible to get off of. And like all hard drugs, sooner or later debt will extract its toll. It certainly did in 2008. But instead of getting sober and real after that fateful year the world went on a binge instead. Not a very healthy thing to do. There will be pain, likely quite a lot of pain when the debt stops “working.”

When will reality come calling? It already has in many parts of the globe. But even the instability we see now is likely only a precursor of what is on the way.

Read More

Old guys at Koch conference (not apparently the Kochs) had a problem with Rand Paul’s style, and jeans

I personally am a big fan of suits. They are functional and most people look good in them. A well tailored suit is about as comfortable as one can get. I like a nice tie and wear cuff links when the occasion warrants. Saying that I have no problem if a presidential candidate, at a forum in Las Vegas of all places chooses not to wear a tie and also chooses to wear jeans.

That’s what Rand did at a recent event, and some of the old boys at the forum didn’t much care for it. As the below article reports many of the Republican silverbacks are much more comfortable with a “Romney type.”

That’s a huge problem if the GOP actually wants to win the presidency.

Read More

1 of 4812345678910...Last »