The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

I Do Not Have A Federal Reserve Alter Ego

by Smitty Just want to make that perfectly clear. Also, I am not a US Representative from New Jersey. As for what’s driving teen unemployment, I think that an economy parked in the toilet bowl is the main culprit. via Marginal Revolution

Shock And XAU

by Smitty (via Galt’s Girl) It isn’t clear whether this will be more than a promotional stunt: However, the Swiss Stock Exchange has not been deterred from new involvement with the yellow metal. Together with Scoach Switzerland, the stock exchange for structured products, the management has the plan to introduce the listing and trading of […]

Games As A Teaching Opportunity

by Smitty (via Paceset999) At the Chicago Toy and Game Fair: This year we picked up the new version of the old classic, Monopoly.  It’s pretty cool how the board is now round, they have replaced all the paper money (remember the pink 500’s?) with credit cards, the properties are (terribly realistically) priced in the […]

Least Shocking 1.2 Teravolt Discharge Ever: The Federal Reserve Is A Conspiracy Against The Public

by Smitty (via Reboot Congress on Twitter) Yeah, had to look up the SI prefix on that one. Tyler Durden over at Zero Hedge reveals something you’ve more or less suspected, but didn’t want to go all tinfoil hat about, emphasis original: . . .Wall Street’s (not to mention the rest of the world’s) biggest […]

What I Would Argue Is That This Shows the Federal Reserve as Antithetical to the Constitution

by Smitty Senator Sanders (D-upe) underscores that from the mouth of bozos truth occasionally escapes: “You can argue that the chairman of the Fed is more important than the president of the United States, but very few Americans understand what the Fed does,” says Sen. Bernie Sanders, a Vermont independent who successfully pushed for the […]

Charlie Sheen Agrees With Smitty

“I would disband the Fed, like now. Shut that motherf****r down now, and send the I.R.S. to prison.” — Charlie Sheen, in his “Violent Torpedo of Truth” show Tuesday in Washington, D.C. While I’d have a hard time picturing Smitty banging seven-gram rocks of cocaine and cohabiting with two porn “goddesses,” when it comes to […]

Federal Reserve Offers Increased Kinetic Mumbojumbo Action (KMA)

by Smitty It’s almost as if (a) people are gaining the impression that central banking is the all-time winner in the Faustian bargain sweepstakes, and (b) the word about the peasants gathering pitchforks and torches is reaching fairly high places. The Wall Street Journal reports that quantitative easer-geezer Ben Bernanke in April will start holding […]

The Federal Reserve: What, Me Transparent?

by Smitty (via Insty) Taking one eye off the ObamaCare debacle for a minute, one of the things that is going to make restoring the Constitution to full vigor a challenge is the lack of reasonable monetary policy. Bloomberg reports that Ben Bernanke, the dude behind the financial curtain, might have to let you know […]

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