Monthly Archives: November 2008

The Corrupt Origins of Central Banking

Central banking has been a corrupt, mercantilist scheme and an engine of corporate welfare from its very beginning in the late 18th century. The first central bank, the Bank of North America, was "driven through the Continental Congress by [congressman and financier] Robert Morris in the Spring of 1781," wrote Murray Rothbard in The Mystery…

Dear President Obama

Tuesday, January 20 2009 Dear President Obama, I wish you God speed in your task ahead and offer you wisdom from a wise statesman, patriot and, psychic Thomas Jefferson When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.   -Thomas Jefferson The democracy will cease…

Dems Target Private Retirement Accounts

RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration. Triggered by the financial crisis the past two months, the hearings reportedly were meant to stem losses incurred by…

Hyperinflationary Depression

Until now, I have given equal credence to two possible scenarios: We could have several years of inflation as we do now, and the powers-that-be would have a sudden rush of brains to the head, like Paul Volcker and Ronald Reagan did in 1980, and stop the “printing press,” ending inflation and the gold and…

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