Why Do Former Goldman Sachs Bankers Keep Landing Top Slots at the Federal Reserve?

I will note this again because it should be noted again and again. Goldman Sachs should be dead. Door nail. Kaput. Finito. Gone. A piece of history. Expired.

But Goldman Sachs, Government Sachs, lives because it got bailed out by you the taxpayer. You’re the one who felt the brunt of the Great Recession. You who lost your home. You who moved in with the kids to make ends meet. You who went on food stamps quietly in desperation.

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Another challenge to King Dollar, Chinese yuan to gain “reserve” currency status

The Ultimate Crony Capitalist State, China, has seen some challenges as of late. It’s economy is trending down. It’s brand new shipping facility in Tianjin blew up in spectacular fashion. The “Chinese Miracle” has taken a real hit in the eyes of the world.

But that the IMF is letting the Chinese currency into the exclusive club of currencies with “special drawing rights” is a coup. Technically the yuan will soon have the same status in terms of international business as the pound,

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Museum of corruption to open in NY, Focus on kickbacks and cronyism, Albany’s “renewable resource”

I like the way this professor thinks. Why not create a tourist destination which makes use of New York State’s seemingly unending corruption? There’ll always be something new to explore, and New Yorkers and other folks from all around will be able to come and learn in detail about the underbelly of the Empire State.

Seriously, it’s a great idea. In fact someone ought to do one in Downtown Washington DC. I’d bet it would be a solid draw.

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How the Federal Government Continues To Victimize American Indians

As we have said before, there is no group who has gotten a more rotten deal from the US government than the American Indians. And that deal continues to this day. Many American Indians live in the last pockets of the 3rd world in the United States. Under the direct watch of Washington bureaucrats of course. (Who are often paid nicely.)

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Hotel, Cars for Biden’s Thanksgiving Trip to Italy and Croatia Cost $307,118

How nice for him. I hear Rome is lovely this time of year. And how nice that Biden gets to bring his family with him on the taxpayer’s dime. I mean if Mrs. Obama can do it in China, why not the Vice President in Italy? It’s only the taxpayer’s money. There is a certain style to which one becomes accustomed when Vice President of course.

Such respect for the taxpayer. Good ole’ “middle class Joe.”

(From The Washington Beacon)

Hotel rooms and car service for Vice President Joe Biden’s Thanksgiving trip to Rome and Croatia cost over $300,000,

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VA will let officials keep taxpayer money they stole

The VA system is single payer healthcare. Now imagine the fraud and abuse we see here magnified exponentially and you have what some people want in this country. In the name of “justice.”

The below is truly disgusting. This is the sort of thing which makes people completely distrustful of government. Remember, these alleged fraudsters get to keep hundreds of thousands of dollars allegedly taken from the taxpayer, but some of our veterans can’t even get in to see a doctor so they can be treated for sickness.

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Report: Top Politico reporter trades favors for access (To Chelsea Clinton?)

Politico’s beat.

The crony media is not a new topic here and the news that one of Politico’s top dogs promised to be extra special nice to Chelsea Clinton in an interview doesn’t surprise us. It probably doesn’t surprise our readers either. But it is worth noting how cuddly the generally liberal but often excellent website is, with, well, politicos. I have been to a few Politico functions. “Lovefest” is too strong a word,

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Washington Post: Inside the Clinton Donor Network

OK future Washington hacks – Dem, GOP and otherwise, this is how you do it. Actually, it’s probably best that you skip this article now that I think about it.

The rest of our readers however, the ones who are actually sane, who would never willingly spend their lives in a blind quest for power, should read this article. Bill and Hillary have raised $3 billion in their careers. That’s a hell of a lot of money and it all came from people who wanted something.

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Statist Brookings Institution is afraid that people actually want a simplified tax code

I love this. The old fashioned 20th Century statism just drips from the attached piece. Vanessa Williamson, fellow at Brookings, arguably the most prestigious statist think tank in Washington, is afraid that people will actually like the idea of closing loop holes in the tax code. She recognizes correctly that if the tax code is simplified, if things are made more simple and more efficient, the government won’t be able to take as much from the citizenry. That is precisely  of course why we need to simplify the tax code.

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A Furious Ralph Nader Calls Out The Fed As “Tribune To Plutocratic, Crony Capitalism”; Janet Yellen Responds

We have a few really liberal (the American “modern” kind) favorites and Ralph Nader is one of them.

We like him not because he agrees with us on everything, he certainly doesn’t, but he has a moral compass. He has a deeply developed sense of right and wrong. This is something too many in the political world both on the Left and Right simply do not have.

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Poll: 1 in 3 Independent and Republican voters see the government as an “enemy”

Many people see the federal government as not reflecting their views at all. Some see the unending expansion of the state into every nook and cranny of life, and the gaming of the government by powerful corporate and political interests, as a real threat. Indeed that our massive government is encroaching on the things many Americans hold particularly dear, independence, for some – faith, economic liberty, liberty generally, privacy, and so on.

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