Blog Archives

Secretary of Treasury: Our Monetary System Is A Ponzi Scheme

dollar magnified

Jack Lew is the Secretary of the Treasury. He took over after the tax cheat Tim Geithner left. Secretary Lew is campaigning for an increased debt ceiling, along with the establishment Republicans, Democrats and pundits in the media. To them,

Posted in Corruption, Debt, Economy, Federal Reserve, LIberalism, Media Tagged with: , , , ,

The Federal Reserve Shows They Know The Obama Economy Is Dead

helicopter ben

The big news yesterday was that the Federal Reserve was not going to “taper” their 85 billion dollars worth of bond purchases every month. The “money printing” will continue. The “Quantitative Easing” program that Federal Reserve Chairman Ben Bernanke cooked

Posted in Economy, Federal Reserve, Media Tagged with: , , , ,

McCain: Hillary Clinton v. Rand Paul Would Be “Tough Choice” In 2016

mccain clinton

Just exactly what is the Republican Party supposed to stand for if Hillary Clinton looks attractive to any former GOP Presidential candidate in a race against another Republican? Yet McCain said, “It’s gonna be a tough choice.” The writer of

Posted in 2016 Election, Banking, Email Featured, Federal Reserve, Foreign Policy, Military, National Security, Terrorism Tagged with: , , ,

Idiot Economics “Research” Claims McDonald’s Can Double Salaries If It Wants To

mcdonalds big mac meal

The latest brilliance claims that McDonald’s could double all wages if they only add about 17 cents to every dollar they charge in price. Thus, a Big Mac would only go up 68 cents. The report keeps it vague, but

Posted in Business, Economy, Federal Reserve, Jobs Tagged with: ,

Shameless: G. W. Bush Claims Snowden Hurt The Country

bush obama morph

Instead of listing all the things that Edward Snowden has done, let’s try to list some things he hasn’t done. Edward Snowden never shoved interest rates into the floor and picked a replacement Federal Reserve Chairman who pretending there was

Posted in Email Featured, Federal Reserve, Foreign Policy, Government Control, Middle East, National Security, Patriotism, Terrorism, War Tagged with: , ,

Are We About To See The Next Stage Of Our Financial Crisis Through Pensions?

broken piggy bank

New rules are likely about to precipitate another financial crisis. The point of origin is pensions. Part of the problem is that these pensions were far too luxurious.  According to Fox Business News, for example, “…cushy pension stories continue to

Posted in Banking, Debt, Entitlements, Federal Reserve Tagged with: , , , , ,

New York Times Admits Bank Lobbyists Write Laws For Banks

Bank Robbery

We all knew this was going on, I hope, but it is nice to see a story in the New York Times actually admit to it: “Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial

Posted in Banking, Business, Corporate Welfare, Economy, Federal Reserve, Law Tagged with: , , ,

The Political System Supports Predatory Lenders

money trap

After going through the economic crisis it amazes me that we still have a “payday loan” industry in this country. But we do. This was not a natural development of the market. Historically, it has never been a good idea

Posted in Business, Corporate Welfare, Debt, Economy, Entitlements, Federal Reserve Tagged with: , ,

Middle Class Adapting To State-Sponsored Serfdom While Pols Prosper

david petraeus

FoxNews released a report yesterday on the 16th quarterly Allstate-National Journal Heartland Monitor Poll. The headline was appropriate: “Middle Class Resigned To Stagnation.” “Here, 54% of those surveyed defined the middle class as those who could still keep up with

Posted in Banking, Business, Corporate Welfare, Economy, Entitlements, Federal Reserve, Government Control, Jobs, LIberalism, Media, Middle East, Taxes Tagged with: , ,

Taxpayers Held Hostage By Obama’s FHA Lies

FHA-graphic

It’s official. The recovering US housing market, under the Obama Administration, is going to need a $1 billion dollar bailout and soon. No wonder the President was late with his budget. Once again the leaches running our federal government are

Posted in Banking, Corporate Welfare, Debt, Entitlements, Federal Reserve Tagged with: , ,

Republicans Need To Rebrand For Rationality, Not Democrat Conformity

fork-in-the-road

The Republican Party has obviously lost a lot of respect in the populace since 2000. Everyone in the media and in the chattering beltway class is saying that, to win back respect, Republicans must behave in a way that (just

Posted in Banking, Federal Reserve, Politics, War Tagged with: , , ,

From Dumb To Dumber: Obama Proposes Subprime Housing Bubble

bubble housing

It is not every day that I have to admit that I have over-estimated the intelligence of politicians, economists, and “journalists” (I should probably have also used quotation marks for the so-called economists). But today is such a day: The

Posted in Banking, Business, Debt, Federal Reserve, Government Control, Jobs Tagged with: , , , , ,