Former Fed Employee Charged With Felony For Threatening To Kill Boss

"After reading an article about the psychotic behavior of a former Federal Reserve employee, I would be reluctant to criticize the Fed in the presence of an employee of the world’s most powerful banking cartel. Zero Hedge has some stellar coverage about a former San Francisco Fed employee, and current employee at the Federal Housing Finance Agency (FHFA), that threatened to kill his boss and then take his own life. Richard Hornsby, Chief Operating Officer of the FHFA, was arrested and charged with a felony for threatening to kill Edward J. DeMarco. Mr. DeMarco was Hornsby’s superior at FHFA. The death threat was supposedly the result of a poor job performance rating." Continue reading

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Lew Rockwell: Speaking Truth to Monetary Power

"We have every reason to expect governments to exploit their positions as monopolists of the production of money in ways that increase their power and benefit favored constituencies. We do not need 'monetary policy' any more than we need a paintbrush policy, a baseball bat policy, or an automobile policy. We do not need a monopoly institution to create money for us. Money, like any good, is better produced on the market within the nexus of economic calculation. Money creation by government or its privileged central bank yields us business cycles, monetary debasement, and an increase in the power of government." Continue reading

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Don’t Trust Congress. Ever.

Here’s something that cannot be repeated enough. In just the last week, Congress failed – once again – to do anything right. And, they failed on two of the biggest issues of the day. As expected, they gutted the USA Freedom Act, which now only sounds good but actually puts into law that NSA surveillance…

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Hawks Take Flight: Why the Fed’s Hypocritical Dialectic Continues

"The Fed's monetary expansion ended in 1929. The 1950s equity rise ended with a bust in the early 1960s. The Nifty Fifty fad ended with the Crash of 1969. The market recovery of the 1970s ended in 1982. The next crash was in 1987. In 1994, an expansion gave way to a recession. A great tech expansion turned sour in 2001. A housing bubble deflated violently in 2008, not just in the US but around the world. And that is where we are now. This expansion has been driven relentlessly upward for some five-plus years. Another year or two and this latest 'Wall Street Party' will be finished. We anticipate a downturn that will be as violent or even more so than 2008." Continue reading

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Barclays fined $44 million over gold price fixing

"A U.K. financial regulator has fined Barclays (BCS) $43.8 million after it accused a former trader at the bank of improperly influencing gold prices. The British bank will be fined £26 million ($43.8 million) for failures that allowed trader Daniel James Plunkett to exploit the weaknesses in Barclays' systems and controls to seek to influence the price of gold, which allowed the firm to 'profit at a customer's expense,' according to a news release. The fine was handed down by the Financial Conduct Authority. Separately, Plunkett was fined £95,600, or about $161,000." Continue reading

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NSA Empowered by USA Freedom Act

The USA Freedom Act was lauded as a great first step in trying to stop the abuses of the NSA. However, to even pass out of committee many changes altered the initial text of the bill. These changes didn’t improve privacy. And, unfortunately that’s just half of it. The amended bill which passed the House…

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Welfare rolling down hill, America on Welfare, Mexico on Welfare.

The Corporation of the United States a corporation existing on welfare from foreign countries , is funding the Welfare of the state of Mexico. Mexico is angry… Wow! And make certain you read, at the bottom of this page, the part that says it will take 30 more seconds to read! The shoe is on […]

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UN resolution goes down in flames, Senate finally got something right!

In 2014 and 2016 , lets get rid of the 46 below!!!!! They all violated their oath of office, in fact they committed treason!!!!! The next administration must arrest them and jail them. Oh and lets not leave out the current administration,.. I guess the question is , do we have extradition agreements with Kenya? […]

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Amicus Brief in Tuaua v. United States

Last week I joined a group of distinguished scholars on this amicus brief filed in support of plaintiffs/appellants in Tuaua v. United States, the Samoan citizenship case now at the D.C. Circuit.  As I’ve discussed before, the issue is whether the Constitution allows the United States to treat inhabitants of American Samoa (a U.S. territory) as something less than American citizens…

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