Four Reasons to Foil the Fed
Like oil and water, the Federal Reserve and transparency do not mix. Or, as the incisive Bill Greider, author of Secrets of the Temple: How the Federal Reserve Runs the Country, wrote in a recent cover story for The Nation: “The Federal Reserve is the black hole of our democracy—the crucial contradiction that keeps the people and their representatives from having any voice in these most important public policies.” Who can forget former Fed chairman Alan Greenspan’s... Read More
The ‘Greatest Swindle Ever Sold’ Swindles On and On and On…
I’ve been blogging quite a bit at MotherJones.com, where I’m now working, on the ever-growing swindle that is the government bailout. It’s at around $13 trillion dollars now, and as I show, it’s painfully clear that the bailout has nothing to do with taxpayers or small-business owners or normal citizens. Instead, this has been a bailout of the banks, by the banks, for the banks. Below is a compilation of some recent blogging. I’d love to know what... Read More
