September Politics

September Politics
First off, as others have noted, where have all the anti-war protestors gone? “When will they ever learn, when will they ever learn?” My suspicions are many of them would have lauded the wars in Iraq and Afghanistan as a noble effort had Obama or Clinton been president, not all mind you,...

America in Denial: The Federal Reserve System

America in Denial: The Federal Reserve System
INTRODUCTION “The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.” Those are the words written at the top of the official website of the Federal Reserve . The funny thing is, on a Yahoo! search for “Federal...

Why We Won’t See Much of a Recovery

Why We Won’t See Much of a Recovery
As we trundle on through the current recession I continue to be amazed at how otherwise smart folk talk about green shoots and recovery.  At any given moment one can find a talking head on CNBC absolutely convinced and trying to convince you that recovery is right around the corner. Just once I’d...