Bob’s Take

This is a republishing of an article from last week which now includes some revisions and expansions and clarifications that my editor at The New American suggested before it is published in an upcoming print edition of that magazine.

Posts Tagged ‘Central Bank’

This is a republishing of an article from last week which now includes some revisions and expansions and clarifications that my editor at The New American suggested before it is published in an upcoming print edition of that magazine.

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These are the brightest people on the planet, aren’t they? Aren’t they?

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The German model highly touted as the perfect solution to reviving economies has now been shown to be not only a myth but a fraud.

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Theft is theft. Robbery is robbery. That it’s being done in broad daylight by an institution that is supposed to protect your money simply adds to the outrage. The email sent to Bank of Cyprus depositors is being received by every bank depositor in the world.
Feulner and Heritage had their share of controversy over the years, and I take serious issue with them in a number of areas. But I respect what Heritage has done under Feulner’s leadership. I am hopeful that DeMint will continue their contribution to the freedom fight.

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There is a direct connection between fractional reserve banking and corruption. It’s playing out in full view in Cyprus today.

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The details of the deal are ugly. But the real cost is the loss of national sovereignty. Cyprus is now ruled by the Eurogroup, and is now just a vassal state.

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Great Britain’s economy is going into its third recession in four years? How could that be? Could it be something they’re doing that isn’t working?

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Predictions for the reestablishment of the gold standard in the next few years are optimistic. But at least the conversation is beginning.

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The Fed won’t run out of bullets until they run out of digits.

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