Swiss Gold Initiative Would Hamper SNB Policy, Government Says … Asking the Swiss National Bank to hold a fixed portion of its assets in gold would hinder monetary policy, the government said today. Switzerland will vote on the initiative "Save Our Swiss Gold" on Nov. 30 that would force the central bank to hold at least twenty percent of its assets in gold. It would also forbid th...Read More
We've learned nothing in the Middle East. That isn't going to change. If you thought that two disastrous wars in the Middle East spread over 13 miserable years might cure Washington of its delusion that the next war will solve all our problems, you were wrong. The truth is that the people in power and contending for power have learned nothing. And guess what: two years from now, somebody i...Read More
Swiss Gold Initiative Would Hamper SNB Policy, Government Says … Asking the Swiss National Bank to hold a fixed portion of its assets in gold would hinder monetary policy, the government said today. Switzerland will vote on the initiative "Save Our Swiss Gold" on Nov. 30 that would force the central bank to hold at least twenty percent of its assets in gold. It would also forbid th...Read More
We've learned nothing in the Middle East. That isn't going to change. If you thought that two disastrous wars in the Middle East spread over 13 miserable years might cure Washington of its delusion that the next war will solve all our problems, you were wrong. The truth is that the people in power and contending for power have learned nothing. And guess what: two years from now, somebody i...Read More
Gold tumbles as US economy shows more signs of strength … The strengthening US economy has helped send gold prices below $US1200 per ounce … Strong US jobs data on Friday fuelled expectations that the US Federal Reserve will start hiking interest rates soon, sparking a 2 per cent slump in the gold price that took it to a four-year low. The precious metal on Monday extended the fall, sl...Read More
Cannabis dissolves cancerous tumor in young infant, deemed a 'miracle baby' by physician … Instead of opting for chemotherapy and radiation in an attempt to shrink an inoperable brain tumor, the father of an eight-month-old baby pushed for alternative treatment with cannabis oil. – Natural News/FitLifeTVDominant Social Theme: Cannabis is for hippies and losers.Free-Market Analy...Read More
Gold tumbles as US economy shows more signs of strength … The strengthening US economy has helped send gold prices below $US1200 per ounce … Strong US jobs data on Friday fuelled expectations that the US Federal Reserve will start hiking interest rates soon, sparking a 2 per cent slump in the gold price that took it to a four-year low. The precious metal on Monday extended the fall, sl...Read More
Cannabis dissolves cancerous tumor in young infant, deemed a 'miracle baby' by physician … Instead of opting for chemotherapy and radiation in an attempt to shrink an inoperable brain tumor, the father of an eight-month-old baby pushed for alternative treatment with cannabis oil. – Natural News/FitLifeTVDominant Social Theme: Cannabis is for hippies and losers.Free-Market Analy...Read More
Well This Is Just Embarrassing For The Fed Haters Business … One of the most infuriating things about the Fed haters — i.e. the people who predicted massive inflation and dollar debasement as a result of quantitative easing — is that they've never really admitted they got it all wrong. Maybe a few have, but for the most part, the people predicting doom and gloom and Weimar Ge...Read More
President Ellen Johnson Sirleaf [spoke] out against Liberians failing to accept the reality of the epidemic. "We can build Ebola treatment units across the country, establish testing centres, bring in all the medication and personal protective equipment, but if the behaviour of Liberians is not changed, the virus will continue to spread," she said … The day's canvassing passes...Read More
Well This Is Just Embarrassing For The Fed Haters Business … One of the most infuriating things about the Fed haters — i.e. the people who predicted massive inflation and dollar debasement as a result of quantitative easing — is that they've never really admitted they got it all wrong. Maybe a few have, but for the most part, the people predicting doom and gloom and Weimar Ge...Read More
President Ellen Johnson Sirleaf [spoke] out against Liberians failing to accept the reality of the epidemic. "We can build Ebola treatment units across the country, establish testing centres, bring in all the medication and personal protective equipment, but if the behaviour of Liberians is not changed, the virus will continue to spread," she said … The day's canvassing passes...Read More
The middle class is poorer today than it was in 1989 … The fundamentals of the economy are, well, okay. It's been slow and steady, but the recovery has chugged along enough to get us back to something close to normal. The economy has surpassed its pre-crisis peak, unemployment is at a six-year low, and stocks have more than tripled from their 2009 low. It's not the best of times, but...Read More
Wall Street Pays Its Workers to Suffer … Why do people on Wall Street get paid so much? It could be because Wall Streeters have generally high skills. Finance people tend to be good at using computers and working with numbers, but also at networking and forming business relationships. But a new study shows that there really is something special about Wall Street — when a worker moves f...Read More
The middle class is poorer today than it was in 1989 … The fundamentals of the economy are, well, okay. It's been slow and steady, but the recovery has chugged along enough to get us back to something close to normal. The economy has surpassed its pre-crisis peak, unemployment is at a six-year low, and stocks have more than tripled from their 2009 low. It's not the best of times, but...Read More
Wall Street Pays Its Workers to Suffer … Why do people on Wall Street get paid so much? It could be because Wall Streeters have generally high skills. Finance people tend to be good at using computers and working with numbers, but also at networking and forming business relationships. But a new study shows that there really is something special about Wall Street — when a worker moves f...Read More
David Cameron: he said everything we might have hoped for … Uncharacteristically, I'm almost lost for words – or at least for critical words. David Cameron said pretty much everything I wanted him to say in his belter of a conference speech. He chose to identify his overall theme as a "Britain people can be proud to call home". What this amounted to in effect was a pictur...Read More
It's Normal for Regulators to Get Captured … I'm in Chicago this week, preparing to give a seminar on covering the policy process at the Institute for Politics. So I don't have much time to write about the secret Fed tapes that were released by "This American Life" last week. But I do want to make one point: This is not surprising. It's normal. – BloombergDomi...Read More
David Cameron: he said everything we might have hoped for … Uncharacteristically, I'm almost lost for words – or at least for critical words. David Cameron said pretty much everything I wanted him to say in his belter of a conference speech. He chose to identify his overall theme as a "Britain people can be proud to call home". What this amounted to in effect was a pictur...Read More
It's Normal for Regulators to Get Captured … I'm in Chicago this week, preparing to give a seminar on covering the policy process at the Institute for Politics. So I don't have much time to write about the secret Fed tapes that were released by "This American Life" last week. But I do want to make one point: This is not surprising. It's normal. – BloombergDomi...Read More