By Mary Ruth Tapp It’s time to STOP falling for the tricks! I’ve known and know some very fine teachers in the public education system. AND I’m sick and tired of seeing raises for teachers being used as a mantra … Continue reading →
The world lost a great champion of liberty with the passing of Allan Meltzer, a longtime Professor of Political Economy at Carnegie Mellon University. Allan was a prodigious worker who wrote hundreds of articles and more than ten books, including his monumental A History of the Federal…
First, I want to commend Representative Casey Murdock on his legislation HB 1690 which was married to Speaker McCall’s legislation which would set up an audit system, auditing state agencies which saved those in Ohio $33 for every $1 spent. … Continue reading →
Like Allan Meltzer, I received my Ph.D. from UCLA. He and his major professor, Karl Brunner, had both left by the time I arrived. UCLA is an important intellectual connection. At the time, UCLA was informally known as “Chicago West,” for its intellectual affinity to the University…
In March, the Federal Open Market Committee (FOMC) signaled it could begin shrinking the Fed’s balance sheet sometime later this year. However, with limited official details about what that means and none forthcoming from last week’s FOMC press release, many questions remain: How will the Fed decide…
The post Shrinking the Balance Sheet: Where Fed Officials Stand appeared first on Alt-M.
Paul Craig Roberts: “In America Today, Facts Cannot Compete With Lies”
by Tyler Durden
Mar 23, 2017 10:15 PM
Unable to provide an ounce of evidence that a Trump/Putin conspiracy stole the presidential election from Hillary Clinton, the corrupt US “intelligence” agencies are shifting their focus to social media and to Internet sites such as Alex Jones and Breitbart. Little doubt the FBI investigation will trickle down to Glenn Greenwald at The Intercept, Zero Hedge, the Ron Paul Institute, Nomi Prins, Naked Capitalism, Lew Rockwell, Global Research, antiwar.com, and to others on the PropOrNot, Harvard Library, and Le Monde lists, such as top Reagan administration officials David Stockman and myself. It is extraordinary that the FBI is so desperate to protect the budget of the military/security complex that it brings such embarrassment to itself. Who in the future will believe any FBI report or anything a FBI official says?
Those behind this “investigation” understand that it is so ridiculous that they must give it gravity and credibility. They selected two reporters, Peter Stone and Greg Gordon, in the McClatchy News Washington Bureau, who fit Udo Ulfkotte’s definition of “bought journalists.” Hiding behind anonymous sources—“two people familiar with the inquiry” and “sources who spoke on condition of anonymity”—the presstitutes fell in with the attack on independent media, reporting that one former US intelligence official said: “This may be one of the most highly impactful information operations in the history of intelligence.” http://www.mcclatchydc.com/news/politics-government/white-house/article139695453.html
Of the many questions reporters asked Janet Yellen on Wednesday, at her press conference following the FOMC’s decision to raise the Fed’s policy rates, my favorite was the very first, posed by the Financial Times’ U.S. Economics Editor, Sam Fleming. Here is Mr. Fleming’s question: [You’ve stated that…
FORT SUPPLY, Okla. (KOKH) — Residents in Northwest Oklahoma are being asked to evacuate immediately due to large grass fires spreading. A fire warning has been issued for the towns of Fort Supply, Laverne and Buffalo in Harper County. Residents of Fort Supply have been asked to evacuate south toward Woodward, where a shelter is available at the Woodward Pioneer Room, located at 1212 9th Street. (see rest of the story here via OKCFox)
From the Tapp family in Cimarron County further west:
Rachael Tapp (March 6th)
I have witnessed dawn at night, driving through Buffalo. Massive fire line moving southeast. Much loss for friends of ours.
David Andolfatto has thoughtfully replied to my critique of his “A public finance case for keeping the Fed’s balance sheet large.” Here I respond to his reply (despite his Twitter plea to me not to!). I thank him for taking the time to address my criticisms. I…
It is well known that the Federal Reserve System expanded its assets more than four-fold during and after the 2007-09 financial crisis by making massive purchases of mortgage-backed securities and Treasuries. The balance sheet has not returned to normal since. Total Fed assets stand today at $4.45…
The post Why there is no Fiscal Case for the Fed’s Large Balance Sheet appeared first on Alt-M.
Our Oklahoma Governor and State Legislature appear to be in violation of the U.S. Constitution with their action in taxing us with online purchases.
Article I Section. 10 of the U.S. Constitution:
“No State shall, without the Consent of the Congress, lay any Imposts or Duties on Imports or Exports, except what may be absolutely necessary for executing it’s inspection Laws: and the net Produce of all Duties and Imposts, laid by any State on Imports or Exports, shall be for the Use of the Treasury of the United States; and all such Laws shall be subject to the Revision and Control of the Congress….”