Tag Archives: federal reserve

ron paul on the fed, fiat currency

By mitchell b powell | Published: 1643, 30th August, 2010
Congressman Ron Paul thinks there just might be no gold in Fort Knox.  He wants to force an audit of the place.  Because I’ve never had the opportunity to examine the alleged gold stock at Fort Knox for existence and existence in the quantity claimed, I’ll not weigh in one way or another. The article [...]
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on the fed and full disclosure

By mitchell b powell | Published: 1436, 14th April, 2010
The Federal government at its current pace is spending $3549 billion dollars per year–about $25,700 per taxpayer.  The people who are having such great amounts of money taken from them occasionally get the pesky urge to know what that money is being spent on.
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the fed godfather?

By mitchell b powell | Published: 1302, 8th April, 2010
Hmm . . . The concept of the Fed as a destructive con-job has apparently hit even the mainstream media (in the form of MSNBC).  Very good.  This is a pretty good description of exactly where our financial problems came from. Keep in mind, of course, that by ‘con job’ I am referring only the [...]
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come on, geithner!

By mitchell b powell | Published: 1000, 4th April, 2010
From this story. April 3 (Bloomberg) — U.S. Treasury Secretary Timothy F. Geithner delayed a scheduled April 15 report to Congress on exchange-rate policies, sidestepping a decision on whether to accuse China of manipulating the value of the yuan. And so we continue our ridiculous charade of blaming China
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i’ve got to side against my so-called ‘conservative’ brethren on this one

By mitchell b powell | Published: 2302, 18th February, 2010
The Drudge Report (my favorite news site), has posted a link to this story, with the headline (by Drudge):  IT’S STARTING:  Fed Raises Discount Rate . . . There’s a lot in that headline.  First, the bold “IT’S STARTING” tells us that some horrible thing is happening to us, and that what follows is only [...]
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