Month: January 2011
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Ron Paul Says "End the Fed"
As America prepares to mark a full century since the creation of the Federal Reserve, Texas congressman Ron Paul recently christened the event by releasing his best work, End the Fed, in paperback version. Actually, it was released back at the end of September, 2010, but we’re only just now getting around to working up…
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Companies America Loves to Hate (2010)
247WallStreet.com recently released a list of the 15 most hated companies in America for 2010. The ratings were based on factors like employee opinions, negative press, consumer watchdog coverage, shareholder returns and even a mysterious algorithm that combed more than 12,000 websites in search of a certain negative words. This is the boring stuff because,…
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Beating Inflation With Debt, The Anti-money
If inflation describes the process of money becoming less valuable, then the solution is to own as little of it as possible, right? Not exactly. The opposite of money is not lack of money but rather debt. When you owe money to someone, you have created a sort of anti-money which exists as the polar…
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The Incestuous Treasury Department
If the character of a governmental agency can be judged by its highest officer, let’s take a look at the Treasury Department’s, Timothy Geithner, a man who didn’t pay Social Security or Medicare taxes for several years while he worked for the International Monetary Fund and who also hired an illegal immigrant for a housekeeper.…
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Slaves to the Federal Reserve
The Federal Reserve is firmly lodged in the unenviable position of having to pretend one thing while doing another. At times, the tendency is to conclude, based on their actions, that they must have eaten paint chips as kids because certain inflationary actions they take seem counter-intuitive to anyone with a IQ above that of…