During fiscal year 2012, $359,796,008,919.49 that had been forcibly extracted from American taxpayers was transferred into other hands. Most of it ended up in the pockets of the global elite. So what did the American people get in return for that 359 billion dollars? Nothing at (Read More...)
Category: Federal Reserve
Should we just assume that Barack Obama is going to do everything wrong? Today he renominated “Helicopter” Ben Bernanke for another term as chairman of the Federal Reserve. By doing so, Obama has put his big, fat stamp of approval on incredibly stupid monetary policies that are pulverizing the once powerful U.S. economy into oblivion.
Not that Barack Obama or anyone else in the U.S. government has much control over the Federal Reserve at all. You see, the “Federal Reserve” is about as (Read More...)