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.
Pre-Order GAME OF THORNS
This is the inside account of the 2016 election between Donald Trump and Hillary Clinton. From Trump Tower to Hillary Clinton’s campaign plane. The story you can’t find on YouTube. . – On the campaign plane with Clinton, certain of victory, popping champagne. – Bushes and Clinton’s […]
Swamp drainage was at a standstill last week. The Washington wetlands are filled with protected species and the permitting process is more complicated than expected. The Trump Media war ended the week in a standoff when the president took the offensive in an hour and fifteen minute press conference on Thursday.
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Eli Lake in Bloomberg View thinks people in the permanent government selectively leaked highly classified information to damage a political appointee. He calls what happened to Michael Flynn a “political assassination”. Normally intercepts of U.S. officials and citizens are some of the most tightly held government secrets. This is for good reason. Selectively disclosing details of private
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In his Super Bowl interview with President Trump, Bill O’Reilly accused the Russian President of killing people. Trump’s response? “You think our country’s so innocent?” That made me think of one of my favorite exchanges between Michael Corleone and Kay Adams: Michael: My father is no different than any powerful man, any man with power, like a
The post Killing Putin appeared first on Bokbluster.com.
Earlier today in The Blaze, a relatively fair report, with a pretty solid quote from TAC communications director, Mike Maharrey: Burton’s legislation would make it necessary for law enforcement officers to know beforehand that the possessors of the seized cash or property are, in fact, actually criminals and the property is in some way linked…
In a classic account of why prohibitions and other economic restrictions harmful to consumers arise and persist, economist Bruce Yandle noted that such restrictions are often promoted by a coalition between two groups. The first group are morally motivated do-gooders (“Baptists”) who think that the restrictions will…
The post Baptists and Bootleggers in the Organized Effort to Restrict the Use of Cash appeared first on Alt-M.
I was recently interviewed by Food Safety News on the subject of FDA regulation of raw milk and state efforts that could undermine the agency’s prohibition scheme. You can read full the article HERE. Food Safety News reporter Dan Flynn said the Tenth Amendment Center’s work has elevated the battle to legalize raw milk to…
Some on the unhinged left are confusing President Trump with Hitler. Chris Matthews joined the party, calling Trump’s inaugural speech Hitlerian. At least he didn’t draw a mustache on him. Unhinged When Dan Quayle compared himself to JFK during the 1988 vice presidential debate his opponent Senator Lloyd Bentsen dissed him by saying, “I knew Jack Kennedy. Jack
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Whenever a government agency gains a new power, there’s a risk that, whatever the power’s original intent, it will end up being put to other uses, perhaps good, but often bad. Such is the case for the Fed’s power to pay banks interest on their Federal Reserve…
The post Interest On Reserves: A Secret Fiscal Weapon We’re Better Off Without appeared first on Alt-M.
George Bush I couldn’t use a bar code scanner at the grocery store, much less take a White House selfie or tweet about it. Of course, that story may have been fake news too. No White House Selfie Anyway, I thought 41 was a pretty classy president. Ever since then, not so much.
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