13 January 2009
Five reasons the Fed is obsolete
12:37 PM
Jim Jubak explain them, here.
Sadly, Jubak, while pining away for a new financial system for a new global financial system is really pining away for a new version of the present system with it paper money, a system which, like the one which is obsolete, will nonetheless be based on credit.
That's what we need. A different sort of more of the same.
Sadly, Jubak, while pining away for a new financial system for a new global financial system is really pining away for a new version of the present system with it paper money, a system which, like the one which is obsolete, will nonetheless be based on credit.
That's what we need. A different sort of more of the same.
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About Me
- James Frank Solís
- Former soldier (USA). Graduate-level educated. Married 26 years. Texas ex-patriate. Ruling elder in the Presbyterian Church in America.
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2009
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- What's for sale on the political market
- Neither capitalist nor socialist, just political
- A god they can believe in
- Innocent Gitmo detainee joins peace movement in Yemen
- What we don't know about Obama Epiphanes
- I don't have a nest egg and I agree with Limbaugh
- Hail to The Leader
- Obama wants to be both Abraham Lincoln and FDR
- A Needful Wisdom
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- Signs of credit market thaw begin to emerge
- The Federal Reserve: The Handmaiden of Tyranny
- En paz descanse, Don Ricardo
- Five reasons the Fed is obsolete
- Be generous: give your dollars to CARE
- A sad and horrid spectacle
- Liberty and Property
- Rest in peace, Father Neuhaus
- Technical Difficulties, even in the twenty-first c...
- It's North against South, again
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