Architect of the Housing Bubble, Barney Frank, Bows Out
Whenever members of Congress retire, there tends to be an atmosphere of goodwill towards them as if the damage they’ve done to the economy and the country has come to an end. That may actually be the case when it comes to the vast majority [...]
Rick Perry: As Fiscally Irresponsible as Barack Obama
Two days from now, Rick Perry, the current governor of Texas, plans on holding a rally in South Carolina and announcing his candidacy for the 2012 Republican nomination for the Presidency. It is no coincidence that Perry will announce his intentions [...]
Moody’s and S&P Have Zero Credibility.. Gave Subprime Mortgages AAA Rating
Moody’s and the S&P have, in recent days, injected an unnecessary dose of fear into the debt ceiling debate by threatening to lower the US’s bond rating down from its AAA rating. Just as before the trillion dollar bailouts in [...]
Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts
The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, [...]
