The Fed Buying More Assets Until Unemployment Falls Is Like a Medieval Doctor Bleeding a Patient with Leeches Until His Iron Deficiency Goes Away Fed Policy Raising – Rather than Reducing – Unemployment
The Federal Reserve announced today that it will keep on buying $85 billion dollars worth of assets until unemployment improves.
By: Randall Hill
The dreaded sequester is beginning to wreak havoc across the fruited plain… Just kidding!
The Obama administration has done everything it can to make the pain of the so-called “sequester” felt far and wide.
The White House is closed for tours, but can afford a celebrity concert.
Obama cronies force rangers at national parks to [...]
By: Randall Hill
It’s time to pay the piper in California.
For decades, Californians have tried to build a utopian state, complete with zero emissions, non-enforcement of immigration laws and annual gay-pride parades, paid for of course with punitive taxes on business. The fun will soon come to an end for many big-spending cities in California.
By: Ellen Brown at Globalresearch.ca
Can They Do That?
Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay. (See here and here.) But until now the bank has been [...]
Reclaiming the Founding Fathers’ Vision of Prosperity
To understand the core problem in America today, we have to look back to the very founding of our country.
The Founding Fathers fought for liberty and justice. But they also fought for a sound economy and freedom from the tyranny of big banks:
“[It was] [...]
By: Terence P. Jeffrey at CNSNews.com
The Congressional Budget Office is now projecting that the U.S. economy will never achieve full employment during the eight years Barack Obama serves as president.
That would make Obama the only American president during the post-World War II era who never presided over a year in which the U.S. [...]
By: Mac Slavo at SHTFPlan.com
We’ve seen it time and again over the last five years. Governments overstepping their authority and punishing their people because of the actions of elite banking conglomerates, dirty politicians and bought-off regulators.
Iceland, Greece, Ireland, Hungary, Argentina, Spain, and Portugal have all been pillaged in the name of purported recovery [...]
By: Lisa Bedford at thesurvivalmom.com
Some of us have become quite pessimistic about the future of America. Dystopian novels, movies, and TV shows become instant hits as we wonder, will the future be more like The Road or Hunger Games? Will my kids grow up in a free world or one in which their freedoms [...]
By: Dr. Paul Craig Roberts at GlobalResearch.ca
Over a decade during which the US economy was decimated by jobs offshoring, economists and other PR shills for offshoring corporations said that the US did not need the millions of lost manufacturing jobs and should be glad that the “dirty fingernail” jobs were gone.
America, we [...]
By: Celia Bigelow of cnsnews.com
How many jobs could have been created in the last four years with the amount of money spent on the Obama family?
It’s been estimated that it costs taxpayers $1.4 billion each year to fund the Obama family budget. If the estimation is accurate, the total cost to the American [...]
By: Paul Joseph Watson & Alex Jones of infowars.com
A revolution has been launched against rationality and truth. Those who question authority are instantly derided as “conspiracy theorists” simply for coming to logical conclusions based on the evidence in front of them. The term “conspiracy theory” has been harnessed into a pejorative weapon with which [...]
(CNSNews.com) – The impending sequester did not prevent the Transportation Security Administration (TSA) from acting in late February to seal a $50-million deal to purchase new uniforms for its agents–uniforms that will be partly manufactured in Mexico.
By: Mac Slavo of SHTFPlan.com
Last month President Obama made it a point to outline the ever stronger state of our Union.
“Our housing market is healing, our stock market is rebounding, and consumers, patients, and homeowners enjoy stronger protections than ever before,” said Obama of a US economy that, according to the President’s numbers, [...]
Waste and Fraud Are the Real Causes of the Deficit
With sequestration set to go into effect in a few days, everyone is talking about it (via Google trends).
Sequestration means across-the-board cuts in government spending, split 50%-50% between the military and domestic spending.
As this post will show, the hypocrisy surrounding the [...]