Feed on
Posts
Comments

Welcome to Hell, Mr. President

Posted in Constitution, Election, Financial Crisis, Freedom, Government Corruption, Inflation, Lobbyists / Special Interests, Public Concerns, Republic, Senate, State Government, Stock Market, Supreme Court, The Federal Reserve, The Matrix, U.S. Government, congress, economy, rights, taxation on Nov 14th, 2008 No Comments »

Over 60 years before it happened, Professor Hayekdescribed essentially how the Treasury’s new Troubled Asset Relief Program now operates, aboveall consideration of popular will, representation, and even oversight. No longer is the program—which was intended to unclog credit markets of troubled assets—even being pursued along the lines of its original intentions. The Federal Reserve refuses to transparently disclose the terms of billions of dollars of loans.

Read Full Post »

Trillions Disappear in Stock Market, but Where Did Money Go?

Posted in Financial Crisis, Income Taxes, Inflation, Stock Market, economy on Oct 11th, 2008 1 Comment »

Trillions in stock market value — gone. Trillions in retirement savings — gone. A huge chunk of the money you paid for your house, the money you’re saving for college, the money your boss needs to make payroll — gone, gone, gone.

Whether you’re a stock broker or Joe Six-pack, if you have a 401(k), a mutual fund or a college savings plan, tumbling stock markets and sagging home prices mean you’ve lost a whole lot of the money that was right there on your account statements just a few months ago.

Read Full Post »