Bail Outs

January 7, 2015One Comment

Declaring the sky was falling, the leaders of the major investment firms implored the US government officials and the Federal Reserve to fund the tremendous losses of their companies. In this video, author Vern McKinley sites in his book “Financing Failure” what he calls as “cafeteria capitalism” of the chrony-capitalists. He sites that as long […]

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November 27, 20132 Comments

Dire Warnings Coming True? “the standard of living of the average American has to decline. I don’t think you can escape that.”          Federal Reserve Chair, Paul Volker Oct. 1979                                  “we are living in an age of fiat money, and it is sobering to realize that every previous nation in history that has adopted […]

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