CFPB is going to be the biggest cluster*@k ever.  They are chomping at the bit to rip companies to shreds. The new head of the Consumer Financial Protection Bureau wasted little time getting to work, using the agency’s new powers to start supervising payday lenders and other firms outside the conventional banking system. The bureau’s main goal will be ensuring that consumer loans, mortgages... 

If you’re going to call for a revolution, it helps to make sure that everyone’s on board with it, right? Apparently, that didn’t occur to the #OccupyOakland protesters who called for a general strike, but didn’t realize that the majority of people would rather work to pay their bills, send their kids to school and, you know, live their everyday lives. Read the rest here:  #OccupyOakland calls... 

Boston police were warning the more than 1,000 Occupy Boston protesters tonight to leave a large section of the Rose Fitzgerald Kennedy Greenway that they occupied earlier and relocate to Dewey Square or a small, adjacent strip of the Greenway. Police were visible around the areas in small batches, while protest organizers held a meeting on the Greenway, answering questions from the demonstrators. Occupy... 

House Minority Leader Nancy Pelosi’s strong statements in support of the “Occupy Wall Street” movement raise an interesting question: Does she, then, oppose the preferential treatment her son received at the hand of the financial industry? Pelosi’s son, Paul Pelosi, Jr., was protected from a round of layoffs when he was a mortgage broker for Countrywide, according to “Reckless Endangerment:... 

By now everybody knows that only a last ditch intervention by the G7 prevented the financial system from imploding three weeks ago, when the Yen carry trades blew up in the face of all those who had been short yen, long high yielding currencies. The result would have been a pervasive trading desk annihilation, possibly on par with that experienced after the Lehman collapse had the world’s central... 

Bernanke looks uncomfortable as Greenspan admits the truth.  Runs 50 seconds. Greenspan, Bernanke and former NY Fed president, Gerald Corrigan – Nov. 6 Let’s make this one go viral: via BOMBSHELL VIDEO – Greenspan Admits To Rampant Fraud & Illegal Activity In U.S. Banking System While On Jekyll Island Stage – Home – The Daily Bail. THIS is what the MSM reported  Read More →

Prominent Republicans Sarah Palin and Rep. Paul Ryan disapprove of the Federal Reserve’s new $600 billion round of quantitative easing (QE2), citing dangers ranging from “permanently higher inflation” (Palin) to “destablizing” the investment outlook (Ryan). They may be right, but there is a strong case for QE2 that I don’t think they fully appreciate. So here... 

PHENOMENAL!!  This video irrefutably makes the case for less government intervention in the economy, and also shows that cutting government spending brings prosperity and growth YouTube – Why You’ve Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.. Presented by Thomas E. Woods, Jr., at “The Great Depression: What We Can Learn From It Today,” the Mises Circle... 

YouTube – Exclusive: The Story of Spending.  Read More →

Niall Ferguson: Empires Fall Abruptly, And The American Empire Is On The Brink Niall Ferguson, writing in The Australian, believes that the American Empire could be on the brink of extinction. His theory, based on a historical critique of how empires fracture and fall, notes the fiscal instability of the Hapsburg Spanish, Bourbon French, and British Empire prior to their falls. Ferguson then notes...