July 27, 2011

Would Albert Einstein Trust This Congress?

The fact that this Congress is so careless in maintaining fidelity to its own standards speaks volumes.

July 26, 2011

Can the Federal Reserve Ride in on a White Eraser?

the Fed owns approximately $1.7 Trillion of US Treasuries or around 12% of the US debt. In fact, the amount held by the Fed far exceeds that held by China, Japan, or any other foreign government.