The Federal Reserved reached into public funds — about $1.2 trillion — to help bail out banks during the 2008 financial crisis, a new report reveals. A Freedom of Information Act request put together by Bloomberg has allowed for the hard numbers to finally be made available to the public about the loans the Fed dished out to keep financial firms afloat in the midst of an economic collapse. The... 

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,... 

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...