National Blog - page 144
Federal Reserve Hires ANOTHER Goldman Sachs Executive
The Federal Reserve announced the hiring of yet another former Goldman Sachs executive. Neel Kashkari will be the president of the Minneapolis Fed. With this latest appointment, four of the Fed's 12 regional banks will be headed by former [...]
Chinese Yuan Pushes to Topple Dollar as World Reserve Currency
China took another step in its push to make the Yuan the World's Reserve Currency instead of the Dollar. From Bloomberg: China took another step to boost the yuan’s global usage, saying it will start direct trading with the Swiss franc, as the [...]
Will the Fed raise rates?
Champagne corks are popping in DC over the October unemployment rate. According to the official figures, unemployment is at its lowest rate since 2008. Of course, the official figures are manipulated to lower the official unemployment [...]
Janet Yellen Says Fed Could Turn to Negative Interest Rates
We all know that the Federal Reserve has artificially kept interest rates low for quite some time. Central banks argue (incorrectly) that in times of economic downturn lowering interest rates can help stimulate the economy. But what happens when [...]
US Builds $43 Million Gas Station in Afghanistan
Remember this the next time Nancy Pelosi says there is nothing left to cut. From Reason: The United States (as in, you and me), paid $43 million to build a compressed natural gas (CNG) station in Sheberghan, Afghanistan. SIGAR researched and [...]
Surprise: Government lying about true size of the national debt
Inflation and unemployment are not the only examples of the government manipulating government statistics. As former Government Accounting Office Head David Walker recently pointed out in The Hill,the government is also understanding the true [...]
Ron Paul: Does the Bell Toll for the Fed?
Last week Federal Reserve Chair Janet Yellen hinted that the Federal Reserve Board will increase interest rates at the board’s December meeting. The positive jobs report that was released following Yellen’s remarks caused many observers to [...]
If it's Monday, Congress is attacking your liberities
Remember fusion centers? Those federally-funded "information sharing centers,"one of which labeled Campaign for Liberty members and supporters of Campaign for Liberty Chairman Ron Paul's 2008 Presidential Campaign as potential [...]
Rand Paul Reintroduces Audit the Fed to Bypass Committee
SPRINGFIELD, Virginia- Yesterday, Senator Rand Paul (R-KY) reintroduced S. 2232, Ron Paul’s Audit the Fed bill, which calls for a “full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the [...]
Ron Paul: Save The Apologies, Just Stop Promoting War!
Usually when politicians apologize it’s because they have been caught doing something wrong, or they are about to be caught. Such was likely the case with former British Prime Minister Tony Blair, who recently offered an “apology” for the [...]