May 26, 2023

Government by slush fund

There is no rational basis for confidence that the U.S. General Fund is something other than the Leviathan of slush funds.

May 7, 2023

Keeping up with the Fed’s Debacles

Defaults on commercial real estate properties have surged to a new high unseen since the global financial crisis of 2008-9. Major companies with hundreds of billions of dollars in assets have chosen to default on billions of dollars of mortgages in recent months.

March 18, 2023

A milestone on the road to financageddon

Not to worry — all the acronyms are lined up to defend the banking system. 

November 7, 2022

The Fed is hemorrhaging money

Measuring the Fed's distribution of largesse to the global elite.