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Hillary Clinton Says Her Husband Will Fix the Economy

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On Sunday, Hillary Clinton told a crowd of supporters in Kentucky she will put her husband in charge of the economy. “My husband, who I’m going to put in charge of revitalizing the economy, cause you know he knows how to do it,” Clinton said. According to the establishment and its pundits, the presidency of Bill Clinton was good for the economy. His tax cuts and budget restraint, it is said,... 

Greenspan Discusses the End of the Fed… What Comes Next?

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An interesting article in Forbes entitled “If Alan Greenspan Wants To ‘End The Fed’, Times Must Be Changing,” informs us that the predictions we made long ago about the Federal Reserve are coming true. The author of the article is Nathan Lewis, an economist, former strategist for institutional investors and author of a best-selling book Gold, the Once and Future Money. Our predictions regarding... 

Alan Greenspan: Euro breaking down

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Former US Federal Reserve chairman Alan Greenspan. The euro is breaking down and the US economy is suffering because of Europe’s debt crisis, according to former US Federal Reserve chairman Alan Greenspan. “The euro is breaking down and the reason we’re so sluggish is the level of uncertainty,” Greenspan said at the Innovation Nation Forum in Washington DC on Tuesday, AFP reported. The... 

Fed's shortcut to greatness

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There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen… the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the... 

Federal Reserve said behind 95% decline in US Dollar

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Pure Magic (Alan Greenspan & Ben Bernanke) Barbara Cargill says the Federal Reserve presided over a 95 percent decline in the U.S. dollar The dollar ain’t what it used to be, and State Board of Education member Barbara Cargill wants Texas students to know it. The board hammered out more than 300 proposed changes to the state’s social studies curriculum in its January and March meetings,... 

200 Bank Failures Expected in 2010, Good Riddance!

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Washington has so thoroughly botched its supervision of the banking industry that 200 banks are likely to fail this year — easily surpassing last year’s 140 bank failures … inevitably involving the greatest bank losses in history … and already costing the FDIC ten times more than the great S&L and banking crisis of the 1980s did. I am not basing these conclusions on conjecture. They com... 
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