Ron Paul Only Hope to Prevent U.S. Hyperinflation
Posted by admin / Under Federal Reserve System
We have one Congressman in Washington today, Ron Paul, who understands that inflation is the biggest threat to our economy and how the Federal Reserve and our fiat money system is the root cause of all our economic problems.
Published on Monday 8th of March 2010 12:52:44 AM
Nobel Winning Economist -Federal Reserve is corrupt.
Posted by admin / Under Federal Reserve System
Joseph Stiglitz - former head economist at the International Monetary Fund (IMF) and a nobel-prize winner - said yesterday that the very structure of the Federal Reserve system is so fraught with conflicts that it is "corrupt" and undermines democracy.
Published on Monday 8th of March 2010 12:52:44 AM
Start a Rothbardian Bankrun
Posted by admin / Under Federal Reserve System
They do not understand that it is the entire system of fractional reserve banking, which has been cartelized, regulated and bailed out by the Federal Reserve System for nearly a century, that is mainly at fault for the financial meltdown
Published on Monday 8th of March 2010 12:52:44 AM
Fed's Fisher Wants To Break Up Big Firms
Posted by admin / Under Federal Reserve System
Dallas Federal Reserve Bank President Richard Fisher said today that he would advocate a plan to break up large firms that pose a systemic risk to the economy. While many policymakers in Washington believe that regulation needs to ensure that firms can fail, far fewer are willing to break them up to accomplish that end.
Published on Monday 8th of March 2010 12:52:44 AM
What's Shaking at the Federal Reserve
Posted by admin / Under Federal Reserve System
Donald L. Kohn’s Bio from the FRB site.Looks like it’s spring cleaning time at the Governors Board of the Federal Reserve System:Resignation of Vice Chairman Donald L. KohnJust goes to show, when in doubt, jump ship!Or as the media will report: “Federal Reserve’s Donald L. Kohn To Resign”.
Published on Monday 8th of March 2010 12:52:44 AM
"Well, if I called the wrong number, why did you answer the phone?"
This Day In History
Gnadenhutten massacre: nearly 100 Native American converts to Christianity were murdered by militiamen during the American Revolution in revenge for raids carried out by other Native Americans (1782)
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