Even More Criminals

For Acts of Fraud and Racketeering:

The Entire Federal Reserve Board:

* Timothy F. Geithner, New York, Vice Chairman
* Elizabeth A. Duke, Board of Governors
* Richard W. Fisher, Dallas
* Donald L. Kohn, Board of Governors
* Randall S. Kroszner, Board of Governors
* Sandra Pianalto, Cleveland
* Charles I. Plosser, Philadelphia
* Gary H. Stern, Minneapolis
* Kevin M. Warsh, Board of Governors
* Charles L. Evans, Chicago
* Jeffrey M. Lacker, Richmond
* Dennis P. Lockhart, Atlanta
* Janet L. Yellen, San Francisco
* Christine M. Cumming, First Vice President, New York

As I mentioned the list of racketeers and persons committing fraud on a massive scale will continue to grow.  We are only getting started.

Crooks Retaliate by Printing Money Anyways

It appears that under the cover of the debate in congress, the crooks over at the Federal Reserve Bank decided to print money anyways.  To the extent of 150 billion, and another 330 billion in foreign loans.  Its time to end the corruption and end the federal reserve bank in this country.  We need sound money not fiat money!!! Of course the New York Times does not tell you they are counterfeiting the dollar at our expense.

Racketeers Defeated in Round #1

The racketeer bankers and their cronies in Washington DC were defeated today.  Great news for all of us for now.  Don’t think for a second they will stop, as they are in the works of new legislation to provide these scum suckers a free ride with an even larger bailout.  My guess is it will be 1.2 trillion.  Americans I believe are tired of paying for failed businesses and overpaid executives who drive these companies to the ground.  Why is it our fault these companies made bad decisions and bad investments?  Especially bankers that made huge profits all these years.  You are going to see a bumpy ride in wall street over the next few weeks and even months.  That is normal to see in markets that were overinflated.  Corrections will take place.  A bailout of any sort will not fix this problem.  Actually, a bailout would make things worse by keeping the market overinflated.  The bottom line is you will pay more for virtually everything and then have to deal with a market crash on top of this, if a bailout is approved.  I say let the market correct itself.  Let mismanaged and unprofitable companies get bought up by other companies.  I will not say things will smooth sailing in the near future.  But the ramifications of a bailout will only delay and enhance the fallout of any market corrections that must happen.