Yellen opposes the people auditing the Fed, says Federal Reserve officials need safe spaces to make decisions

Audit the Fed and then end it.

Yellen and the Fed bankers think they’ve weathered the storm. That the shamans of the “Temple” will be able to shuffle around in the shadows of the financial Vatican hidden from the view of the people they impact for another generation. They believe that they are above the public, and that the Fed’s actions, which impact the world dramatically, don’t need the kind of scrutiny one might expect in a free society.

Read More

Ron Paul explains the Subprime mortgage crisis and predicts the dollar collapse (VIDEO)

If you REALLY want to understand what happened in 2008 read Meltdown by Tom Woods. It’s not a tome. Quick read and common sense.

Everyday people would be wise to understand the basics of what is called “Austrian Economics.” The Austrians, not the people who run the Fed, or bobble along on CNBC and Bloomberg were the ones who were right about The Crash we saw in 2008 (and the Great Depression for that matter).

Read More

Fed official in effect says that competition and lower prices for consumers are bad for the economy and must be offset by Fed policy!

Yeah, I mean who wants lower prices and a higher standard of living anyway right? Screw that. We want higher prices and less for each dollar we earn. That’s much better.

Read More

JIM ROGERS: The worst crash in our lifetime is coming, “Later this year or next.”

We still haven’t felt the full wrath of the ghost of 2008. There is still more to pay. Many of us of course already have paid dearly, but the banking system has not paid the way it must. Which means that WE, the non-bankers will pay again.

Keeping powder dry is always smart, if possible. It’s not for many Americans. Which makes any potential crash highly destabilizing. Then add in the current political risk in the USA.

Watch Puerto Rico.

Read More