Because there will be no shortage of bloggers talking about the mid-term elections today, Asylum Watch will offer up some other insanity, about which you need to aware. The doldrums of the Great Recession are still with us nearly five years after we were told the economy had returned to recovery mode. The Federal Reserve […]
Read more "“Punishment Interest” _ A Sign Of The Times"
The title of today’s post is a refrain we’ve all heard countless times in one context or another. When that context pits the government or a pseudo-government agency like the Federal Reserve against you, the taxpayer, the ‘somebody” that pays is always you. If this story run by the Wall Street Examiner doesn’t make you […]
Read more "Somebody Is Going To Have To Pay For This!"
It is Halloween and so it is fitting that we reflect on the zombie companies that ambulate among us because the Federal Reserve (and other central bankers) continues to inject them with regular doses of interest free money (ZIRP), which makes them appear to be alive. “Zombie company” is a media term for a company […]
Read more "Zombies Among Us Thanks To The Voodoo Of Central Bankers"