It’s Halloween! That means it’s time to be scared, but not of monsters and goblins. Instead, we should be scared of the monsters and goblins over in Washington (or in my case, Ottawa). These guys have made the nation’s finances look terrifying and there isn’t any hope for the future. As the sheriff in “Halloween” […]
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Tom Woods: Citizen, do not question the Fed
I read Tom Woods’ blog every day, and gems like this post are a big reason why. Dr. Woods sums up what a ridiculous infographic called “A Visual Guide To The Federal Reserve” spells out: Check out this graphic on the Federal Reserve. Let me summarize it for you: the Fed is run by super-smart […]
Commerce Department finds Americans cut saving to spend more
This type of news never really surprises me anymore. Since the recession began, I have been doing numerous articles from different sources that cite a paucity of saving, an increase in spending and not enough income generation. It seems people don’t care about the future and actual capital investment. The Commerce Department released a report […]
Would you get a tattoo of a politician for $15,000?
ABC News reported late last week that Indiana man Eric Hartsburg got a tattoo of Republican nominee Mitt Romney’s logo on the side of his head. He apparently auctioned off the space of his head for $15,000 and it was paid for by an anonymous Republican eBay user. Hartsburg said that he is a Republican […]
Germany doesn’t trust the Federal Reserve with its gold reserves
My colleague over at Digital Journal reported on a very interesting story consisting of gold, Germany and the United States Federal Reserve System – these are certainly topics that ECN enjoys. Anyway, the German government had ordered the Bundesbank, the nation’s central bank, perform an audit of its gold reserves at the Fed. Apparently, a […]