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Lord Bernanke: Banks Should Have No Minimum Reserve Requirement

What?! Lord God Bernanke, Savior of the Human Race, King of Omniscient Interest Rate Knowledge, Master of Printing Press Technology, has declared minimum reserve requirements for banks are dumb. Business Insider reports: Up until now, the United States has operated under a “fractional reserve” banking system.  Banks have always been required to keep a small…

The Texas Textbook Wars

An important read. Mises’s Jeff Riggenbach explains why the changes to textbooks in Texas will have profound impacts on the state of the nation. Jeff explains: The existing description stated that a student who completed that course would be able to “explain the impact of Enlightenment ideas from John Locke, Thomas Hobbes, Voltaire, Charles de…

Salon: Its Hip To Be A Degenerate Parasite On Society

In an epic win for ridiculous reporting, Salon offers us a new hip lifestyle alternative: They’re young, they’re broke, and they pay for organic salmon with government subsidies. Got a problem with that? Magida, a 30-year-old art school graduate, had been installing museum exhibits for a living until the recession caused arts funding — and…

Goldman Sachs Securities Fraud

Senator Ted Kaufman said Goldman may have committed securities fraud on the Senate floor the other day. In a rambling rant, where the criminal Senator declared the need for a total regulatory police state, Kaufman said: At the same time, there are reports that raise questions about whether Goldman Sachs and other firms may have…

European Central Bank Declares Currency Crisis Imminent

The ECB’s Juergen Stark declares we are in for a first world currency crisis and that all of the posted economic gains of the past year (which haven’t been much) are from the bailout programs and that they will not provide any lasting economic support. Zero Hedge reports: The ECB’s executive board member Juergen Stark…

Criminal Lying SPLC Continues Its Baseless Attacks Against Patriots

The criminal organization run by racist thug lawyers, otherwise known as the SPLC, has been launching baseless attacks and agitprop against patriots that dare to question government.  The latest attack was launched against Alex Jones, a libertarian talk show host and documentary film maker. The SPLC declares: In the Gary Franchi video below, Beirich tells…

Feds Follow Facebook

PC World has published some new information on the criminal government’s use of Facebook to imprison freedom loving Amerikans. PC World reports: Here’s yet another reason to be careful of what you share on Facebook — the Feds could be checking you out. An internal Justice Department document obtained by the Electronic Frontier Foundation reveals…

Just 53% Say Capitalism Better Than Socialism

Now before your head implodes, take a deep breath because there is light at the end of the tunnel. I nearly had a coronary before I finished reading ALL of the results. Rasmussen reports: Only 53% of American adults believe capitalism is better than socialism. The latest Rasmussen Reports national telephone survey found that 20% disagree…

House To Ram Obamacare Through Without Voting On It – What?

CNSNews reports: Rep. David Dreier (R-Calif.), the ranking Republican on the House Rules Committee, indicated yesterday that he was resigned to letting congressional Democrats make the Senate health-care bill the law of the land without ever holding a vote on it in the House of Representatives by passing a rule governing debate on another bill,…