The Fed is behaving much as it did during the 2008 financial crisis, only this time instead of bailing out politically well-connected too-big-to-fail firms it is bailing out profligate government spending.
Stewart rips into the pigs.
You can either be in the Ron Paul tradition and say there's nothing wrong with heroin and cocaine or you can be in the tradition that says, 'These kind of addictive drugs are terrible, they deprive you of full citizenship and they lead you to a dependency which is antithetical to being an American.' If…
The Occupy Wall Street movement expresses valid frustrations, but do the protesters aim their accusations in the wrong direction?
For those with the stomach for what is the highest form of crony capitalism writ large and explained in its clearest and most egregious manner yet, the article also has an interactive chart of the banks' profit-gains direct from the Fed's bailouts during this period. Dean Baker's quote from the article perhaps sums up our…
Parents of means should immediately take their children out of public school and homeschool them if possible. It’s the only way to tell the state they do not own our children. It’s the only way to make sure they are not trained to be little prisoners owned by the state.
Awesome article on Bitcoin regulation. No one really sends or receives bitcoin. They merely transfer their ownership and specific control rights to the block chain on the giant public ledger in the cloud. It's like an air guitar. The bitcoin itself exists because we all say that it exists.
Pakistan on Saturday accused NATO helicopters and fighter jets of firing on two army checkpoints in the country's northwest and killing 24 soldiers. Islamabad retaliated by closing the border crossings used by the international coalition to supply its troops in neighboring Afghanistan.
One of the most awesome accounts I've heard in a while.
How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months