The Federal Reserve

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The Bankruptcy of The United States – James Traficant (1993)

Over the next month or so, we want to talk about just how the once prosperous United States has been methodically transformed into a quasi-socialist, hyper-Keynesian nation of unfathomable debt. This theme will include The Act of 1871, which some say turned the US into a corporation, the passage of the 14th amendment, which some say prohibits Congress from repudiating the federal debt in any way, and the Emergency Banking Act of March 9, 1933, which undermined the gold standard…

Trickle Down Economics Vs. Keynesianism Theory, Which One Really Works?

Now that Ronald Reagan has been dead for almost 10 years, people (primarily crazy liberals) are back to attacking his presidency and more so his trickle down economics or Reaganomics as it's known as.  I've sat back and heard the BS attacks on his philosophy for economic growth and I am just appalled by the absolute lack of knowledge on this subject that most detractors have.  I mean, at least know what you are talking about before you attack it. Rather…

Price of Oil? Not Supply/Demand. It’s Debt!

Alright, so to start I was alive during the Bush years where oil ran up in price.  Of course, all liberals out there constantly attacked the Presidnet for the rising price of oil because he was an "Oil Man" as they referred.  Of course, claims that Bush had anything secret to do with the rising price of oil was ludicrous at best and showed that liberals and anyone who blamed him directly was in fact wrong.  It is funny that…

The Federal Reserve’s Current Trifecta of Super Bubbles

Over the past couple months, it has almost become amusing how Ben Bernake and his merry band of capricious money printers have tried to deflect blame for the effects of their reckless monetary policy. This policy of course known as 'QE2', which began in November 2010. Quantitative easing (QE) is an unconventional monetary policy used by some central banks to stimulate their economy. The central bank creates money which it uses to buy government bonds and other financial assets, in…

Federal Reserve: Facts and Myths

Was I a lucky boy today, when I ran across this awesome article by a supposed PhD in Economics.  To be exact, Edward Flaherty, Ph.D. Department of Economics College of Charleston, S.C.  This guy is so delusional and so liberal that he actually produces a document of lies and tries to make it factual based on his education and by syndicating his factless article on many sites.  I will now debunk his debunking! Dr. Flaherty wrote: Facts: Yes, the Federal Reserve banks…

Fed dictator Bernanke needs to be toppled – Paul B. Farrell, MarketWatch

Fed dictator Bernanke needs to be toppled Commentary: Forget Mubarak, it’s Fed reign of terror that must end-Paul B. Farrell, , MarketWatch.Com Feb. 15, 2011, 12:01 a.m. EST 1. Commodity price inflation will soon end the Fed dictatorship Hoenig consistently “cast his lonely ballot against the indefinite reign of easy money. Eight meetings, eight no votes … an unyielding point of view, one that has become ever more relevant now that rising commodity prices have put inflation worries back on…

“Quantitative Easing” – Can We Inflate Our Way To Prosperity ?

Does "Quantitative Easing" Really Accomplish Anything ?  Yes, if you are trying to hide toxic debts, but it will do nothing for the economy at large. The Fed is terribly afraid of deflation (i.e. declining asset prices), as this would magnify the enormous bad debt problems of all their banker friends. As such, the Fed is desperate to create inflation in any asset class they can and their last resort is 'Quantitative easing' (i.e. printing worthless paper to buy government…

Ron Paul: Asset-buy program ‘hasn’t done anything for Main Street’

By Zachary Roth from Yahoo! bloggers "I'm not calling for the violent overthrow of the federal reserve system," Rep. Ron Paul (pictured) has told Yahoo!. Well, that's a relief. Instead, Paul, the Texas Republican who now chairs the congressional panel overseeing the Federal Reserve, said he simply wants "a real discussion on monetary policy." But it's perhaps not surprising that Paul used an interview Wednesday with Dan Gross and Aaron Task of Yahoo! Finance's Tech Ticker (watch video below) to offer reassurance…

Biggest Scam in World History Exposed: $16 Trillion to Foriegn Banks From The Fed?

Dr. Mercola Interviews Rep. Ron Paul  The greatest scam in history has been exposed -- and has largely been ignored by the media. In fact, it’s still going on. The specifics of a secret taxpayer funded “backdoor bailout” organized by unelected bankers have been revealed. The data release revealed “emergency lending programs” that doled out $12.3 trillion in taxpayer money ($16 trillion according to Dr. Ron Paul) -- and Congress didn’t know any of the details. According to the Public…

Rand Paul introduces bill to audit Federal Reserve

Thank you Rand Paul ! At least it's a good start, we'll see if anything constructive comes of it this time. Prognosis ----> Doubtful :( http://finance.yahoo.com/news/Rand-Paul-introduces-bill-to-apf-974384139.html?x=0 FRANKFORT, Ky. (AP) -- Republican U.S. Sen. Rand Paul of Kentucky has followed through on a campaign promise by filing legislation calling for a full audit of the Federal Reserve. Paul filed the bill Wednesday. It is similar to a measure pushed by his father, Republican U.S. Rep. Ron Paul of Texas. Republican Sens.…