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« New Interest Rate Forecast: Staying Low through 2011 | Main | Value is Subjective: An Advertising Guy's Explanation »

July 02, 2010



I think Congressman Ron Paul explains perfectly at last week's joint economic committee hearing.

We're putting ourselves into a bigger hole. Also the government is putting out the real unemployment figure, which, as I've stated throughout the year, is actually at 22%.

I guess the Federal Reserve just cares about "Valentino Suits and Oliver People's Glasses."

All they're doing is just throwing money at the problem without addressing any of the key issues facing this Keynesian economy.

Now with the latest "finance reform," we're just helping out Goldman Sachs, JPMorgan and the list goes on of the big banks that benefit directly of this supposed "reform."

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