Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts

Sunday, December 12, 2010

Just How Many Jobs Did The Stimulus Create?
















"According to recovery.gov, the President's website designed to track the stimulus plan, the $800 Billion plus porkulous bill passed in February 2009 is responsible for 3,348,813 jobs. According to a new analysis conducted by the San Fransisco office of the Federal Reserve, the president's projection is off by only 3,348,813 jobs. That's correct The American Recovery and Reinvestment Act of 2009 created exactly zero permanent jobs.

Zero permanent jobs?"

Wednesday, November 17, 2010

The Global Debt Clock

"The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception."
-- Friedrich Hayek
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HERE.
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Maybe I should move back to Vietnam where the debt per person is $500 versus $29K+ here........

Wednesday, November 10, 2010

Fed Will 'Self Destruct,' Policy 'Deeply Flawed'

The Federal Reserve is “self-destructing” through of its efforts to jump-start the US economy with more monetary easing, Rep. Ron Paul, (R-Texas), told CNBC Monday.

Paul said the Fed’s decision last Wednesday to spend an additional $600 billion in quantitative easing—buying Treasurys to lower interest rates—won't work and will destroy the dollar's value around the world.

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Check out the excellent video interview.

Sunday, November 7, 2010

Entire World Blasts Deranged Madman's Uncheckable Insanity

Yesterday's Ben Bernanke penned an Op-Ed in which he essentially said: "I am doing whatever I interpret my mandate to be, which right now means only thing: Dow 36,000. I am only accountable to the private bank that is the Federal Reserve, a few Wall Street CEOs, and no one else. Congress has no power over me. Try to stop me."

$23.05 For A 24 Oz Loaf Of Wheat Bread?

NIA Projects Future U.S. Food Price Increases
"NIA projects that at the average U.S. grocery store it will soon cost $11.43 for one ear of corn, $23.05 for a 24 oz loaf of wheat bread, $62.21 for a 32 oz package of Domino Granulated Sugar, $24.31 for a 32 fl oz container of soy milk, $77.71 for a 11.30 oz container of Folgers Classic Roast Coffee, $45.71 for a 64 fl oz container of Minute Maid Orange Juice, and $15.50 for a Hershey's Milk Chocolate 1.55 oz candy bar. NIA also projects that by the end of this decade, a plain white men's cotton t-shirt at Wal-Mart will cost $55.57.

NIA's special U.S. food price projection report is now available to download for free by clicking here."

Via Tom

Monday, September 13, 2010

50 Mind Blowing Facts About America That Our Founding Fathers Never Would Have Believed

"...... they would be able to grasp how far we have fallen as a nation and how far we have strayed from the fundamental principles that they enshrined in our founding documents"

My 3x great grandfather who saved the flag at Brandywine is surely turning over in his grave.

Monday, August 30, 2010