The Federal Reserve is waging a jihad against the savers and retirees in the United States, and the central bank must end this practice, stresses David Stockman, former Reagan budget director and bestselling author of “The Great Deformation.” Speaking in an interview with the Fox Business Network on Wednesday, Stockman explained “that the jig is […]
Archives for September 2015
Jim Rogers urges Janet Yellen to resign, end the Federal Reserve
Tomorrow is one of the biggest days in United States central banking history. Federal Reserve Chair Janet Yellen will either raise interest rates for the first time since 2006 or the Federal Open Market Committee (FOMC) will decide to hold off on any rate hike once again. Jim Rogers, chairman of Rogers Holdings and co-founder […]
What the Federal Reserve will be looking at during rate hike debate
We will find out this week if the Federal Reserve will raise interest rates or keep at them at near zero. The Federal Open Market Committee (FOMC) will be taking a look at these Federal Reserve Economic Data (FRED) numbers. This is just a part of the equation, though, without the Chinese financial crisis. It’s […]
Economist lays the smackdown on Paul Krugman in 2012 video
Pedro Schwartz, an economics professor, is speaking in this 2012 video deriding the values of Keynesian economics. He discusses how a country needs to save and have sound money without a central bank. This is completely different to the ideas presented by the likes of Lord Keynes and Krugman, who want debt, spending and central […]
Yikes: Bernie Sanders wants to implement an $18 trillion tax hike over 10 years
Bernie Sanders, an Independent Vermont senator and self-identified socialist, wants to increase the size of government. Not just increase, but astronomically, exponentially expand the size and scope of the federal government. The size: $18 trillion worth over the next 10 years. This is making both sides of the political aisle shake their heads. Not in […]