May 12, 2023

The Myth of the Debt Apocalypse

Promissory notes are stacked to the Treasury Department’s proverbial ceiling, $31.4 trillion dollars’ worth of them. Over $5 trillion of those dollars have been purchased and are held by the Federal Reserve bank; meaning the federal finan...

April 21, 2023

The Very Bad Wizards of the Banking System

On March 3, 2023, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin Gruenberg, concluded his talk to the Institute of International Bankers with this statement: "My purpose today has been to emphasize that, while banks continue t...

November 1, 2022

Biden is no Rumpelstiltskin

In the October 21, 2022 Editorial in the Wall Street Journal, “President Rumpelstiltskin: The White House tries to spin economic straw into political gold,” the Journal’s Editorial Board compares President Biden to the Grimm Brother...

August 12, 2022

'L’Etat, C’est moi!'

“L’Etat, C’est moi!” Roughly translated, the phrase means “The State; It’s me.” Purportedly spoken to the French Parliament in April 1655 by seventeen-year-old Louis the 14th, the phrase reeks of self-i...