…is not my idea of how to achieve sustainable growth. Nonetheless, the AFL-CIO’s Denis Hughes moves from one unpopular cartel to another.
Source link: http://blog.mises.org/10518/putting-a-labor-leader-in-charge-of-the-money-supply/
Putting a Labor Leader in Charge of the Money Supply…
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We should put a saver’s association leader in charge of the money supply.
We should put someone who represents money savers in charge of the money supply.
End the fed.
It makes sense. The labor union hierarchy feeds off the extortion imposed on its mindless members and now that background in corruption and nepotism qualifies him to sit in with the clan that is connected to the unConstitutional coup.
Economic understanding? Who me – You want me to break your legs?
Money and Ethics
Tuesday, August 25, 2009
What Kind Of Deal Did Bernanke Make?
After campaigning hard for re-appointment we find out who is immediately cashing in, now that Bernanke has been re-appointed.
“For our support of your reappointment we will expect the chairmanship of the New York Federal Reserve Bank.” The number of hogs feeding at the trough is getting larger and the flow of slop is dwindling. Will the hogs begin to fight amongst themselves?
Who are the hogs? The members of the inner circle of the unConstitutional coup, their fascist buddies, their socialist buddies, the pompous academics and politicians that are used as pawns, and now the mobster union types.
Diversionary tactics may fool some people but not enough and so the trough will become a place of conflict between these gluttonous hogs.
Bernanke cannot keep them all fed by creating fiat money out of thin air. He better hope that he doesn’t slip and fall into the trough because they will eat him alive!
I suppose we are lucky the Barack Obama does not own a horse – remember Caligula.
We should greet this news with open arms, bring on the crash, it’s the only way to get out of this mess. It’s going to be big, and we’ll need to survive it, but it will happen and developments like this only hasten it.
Amen to Andy.
No human, not even a political appointee, whether they be committee member or committee chairman, even assuming the will to be present, can have the knowledge necessary to duplicate the workings of a free market and fix upon an interest rate suitable for the society that produced it.
Throw the fed into Mount Doom.
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