Stop The Fed!

By: Skip MacLure (Diary)  |  November 5th at 06:41 AM  | 

Five hundred billion more, freshly printed, absolutely valueless, dollars. It’s being fronted as a boost to the economy through funneling money to the mega banks, who will then presumably buy more of Fannie and Freddie’s marginal and junk mortgages in the form of securities and bonds. What they are doing is absolute Keynesian garbage. People all over the country have used basic economics to figure | Read More »

Twenty Million Out Of Work – Obama’s Wonderland.

By: Skip MacLure (Diary)  |  January 3rd at 07:40 AM  | 

Spending our way out of the worst recession since the great depression, as a matter of fact folks are beginning to call this the GREAT RECESSION, is absolutely insane to anyone that has ever completed economics 101, run a small business or had to meet a payroll. Obama and the DeMarxist dominated Congress are producing money out of thin air and sooner or later someone | Read More »