Thomas Jefferson said, “Agriculture, manufacturers, commerce and navigation, the four pillars of our prosperity, are the most thriving when left most free to individual enterprise.”
Post Tagged with: "inflation"
American Embarrassment in Seoul
Has there ever been a major economic summit where a U.S. President and his Treasury Secretary were as thoroughly rebuffed as they were at this week’s G-20 meeting in Seoul? We can’t think of one. ~ WSJ
What’s Next? Buckle Up
The Republican Party, with the help of the Tea Party, swept the House of Representatives with a massive pickup of at least 60 seats. The Federal Reserve made another historic announcement with its $600-billion “Quantitative Easing” program (QE2). The October non-farm payroll number came in at a positive 151,000, and the unemployment number remained elevated at 9.6 percent for the month. All of this transpired in the course of one week. So, what’s next? Hold on to your seats.
Germany calls US Fed action ‘clueless’ at G20
Germany’s undiplomatic outbursts against U.S. policy, calling it “clueless” before a G20 summit, show growing estrangement on economics as America’s focus shifts away from transatlantic ties to domestic challenges and Asia. ~ Reuters
The Creature From Jekyll Island
They met in secret because of a long-standing public distrust of big bankers, money trusts, and Wall Street brokers. They were known as the “First Names Club,” and another Ben—Benjamin Strong, the Fed chairman in the 1920s—later joined the First Names Club.
Soros Bets on U.S. Financial Collapse
The Fed’s QE2 is in alignment with George Soros’s agenda to destroy global capitalism.” The decline of the dollar “is what George Soros wants and what he has proposed in the past,” he noted.
Ben Bernanke and QE must be STOPPED
This video details why, in about 2 minutes. Pass it around.
Federal Reserve celebrates 100 years of enslaving America
Dramatic election has zero influence on powerful Federal Reserve as demonstrated by its announcement November 3rd to monetize the debt after telling congress it would not.
The Fed is running the country right into the ground as a result of their ignorance
I don’t believe there is a more serious threat to the country than this unelected, unsupervised group of bankers running the country. They are running the country right into the ground as a result of their ignorance. – Monty Pelerin’s World
The Fed’s “War on Wealth” and the Risk of Default
Federal Reserve plan to buy $600 billion of U.S. Government securities “borders on the criminal” because the impact will be the devaluation of the dollar by 20 percent and the destruction of $10 trillion of household net worth.