Don’t Get Fooled By Election Year Propaganda!

Treasury Secretary Janet Yellen is spouting off again, with more political baloney! Martin Armstrong highlights her recent remarks about IRS funding: “…. The proposal will redirect $14.3 billion in funds to Israel instead of doubling the IRS, angering Treasury Secretary Janet Yellen, who insists America has money for two wars and a standing IRS army. …. ‘We cannot let our […]

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Moody’s Cries Wolf – Nobody Pays Attention!

Moody’s rating service lowered its outlook on the US credit rating to “negative” from “stable”. This is not a ratings downgrade; but rather a warning of things to come. This follows actual downgrades in the US credit ratings from Fitch and S&P Global Ratings. Yahoo Finance reports: “The key driver of the outlook change to negative is Moody’s assessment that […]

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The Wolves Are Devouring The Sheep

The Fed leaped into action when the Silicon Valley Bank (SVB) failed, and Congress quickly agreed they were derelict in their duties. No one asked why the Fed doesn’t act to keep us safe? The Fed’s website tells us: “What is the purpose of the Federal Reserve System? The Federal Reserve System,…’the Fed,’ is the central bank of the United […]

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The Fed “Doth Protest Too Much.”

In 2010, The Huffington Post reported: “WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system. ‘If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved,’ Bernanke said Thursday while […]

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An Economic Showdown is Looming

The Keynesians and the Capitalists are heading for an economic showdown at the O.K. Corral. Keynesians believe the central government should control the economic levers affecting the masses. The economy can’t be entirely left up to the free market. Big government believers want the “leaders” determining the winners and losers. Controlling reallocation of wealth preserves the power of the political […]

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