About this Site

During the Middle Ages the Church and State were the two supreme powers. Today it is the Banks and the State. Why the change? Let's face it. Money is so much more tangible and this-worldly than faith.

Most people just don't have the patience anymore to wait for their reward in the afterlife. They want it now and their battle-cry has become, "We want it all and we want it now."

The politicians and bankers have their own unique rallying cry which is somewhat reminiscent of pigs at the trough and sounds something like, "Gimme, gimme, gimme."

Readers who pay close attention will note I'm not very fond of fiat money or the governments that print it. Nor are academic economists among my favorite people.

Notes

September 1, 2011

The Federal Reserve has a sneaky plan for QE3

This would be smoke and mirrors on a monumental scale, a whole new chapter to the Fed’s ongoing con game.

Wednesday, August 31, 2011

From Bruce Krasting:

Go back a week to an article in the New York Times. The guts of this story is that the Administration is working on a plan to ReFi residential mortgages on a massive scale.

Read article here.

Filed under economy economics politics refinance refi residential mortgages Federal Reserve Fed central bank central planning academic economists Bernanke Ron Paul Libertarian