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She is a fool, that is all. And a fool and his/her money are soon parted. Anyone who knowingly invested in Madoff deserves little pity. It's not a big revelation or shock that his whole operation was a Ponzi scheme. Even prior to the 2005 report, it has been suspected that he was lying.

I'm amazed there are people that have this line of thinking. Has the Fed even ONCE curbed the US govenment's borrowing capacity? NO. So how would it be any different if the US government printed money? Only difference would be that no interest would have to be paid on the currency.

Little know fact on ET, even though the document explaining the issue was posted in a thread. Naturally, 90+% did not read it due to ADD or whatever. Most Madoff investors had no clue they were invested there. It was their FoF managers who kept shuffling money to Madoff while not disclosing...

Uhm, you check the current reality lately? USA is pretty much third world, and has been going in that direction regardless of the administration.

Why do you even bother posting? You don't even have an argument. You posted a Fed website that simply shows their annual report. That's the same as Enron posting their annual report. The Fed audits itself, that means nothing. They hire out a Big 5 accounting firm, give them the books they...

Since you feel this way and are soooo smart, why don't you go ahead and donate your earnings to TARP, making those who oppose it not liable. The only people I know who support this are: 1) Getting a piece of the bailout 2) Scared morons who have no clue about anything and trust...

I mean really, Congress is on record asking to audit the Federal Reserve and see their books. This is all recent. There has been NO response whatsoever. Where are these independent audits?

Do you have ANY documentation behind this? You make fun of those who back up their statements with evidence. You simply adhere to the norm but have nothing to back it up with. What a fool.

Last I checked, most simply oppose TARP or any type of bailout. The rest bicker about bullsh*t and are either lying or total idiots.

What? His campaign money is from big business. And that is whom he is serving. I don't know whether you're trolling and it does not matter. The sad thing is that there are many many real people who actually feel like you. Lamb to the slaughter.

So does junk food. So does the sun. BTW, did you know you can overdose on water?

They are scumbags because they blocked it or because they are holding a vote on it and may pass it?

It's obvious you do not understand the mortgage derivatives situation. Since you apparently read some work of Mises institute, read more. The fed funds rate is only ONE measure of the Fed's monetary supply tools. It is actually the most overrated & over publicized one of all. Hayek's...

Great post. Hemp is also a nutrition wonderplant, complete protein, great fat ratios, high fiber. It can be made into plastics & and some industrial chemicals, hence competing with the Oil & Chemical industry. Most interesting of all, is that hemp is a weed, not a plant, hence higher...

It's a bit more complicated than that. It's hemp that large corporates are afraid of. Not much profit margin on a plant that is the superstar of self substinence.

No, he is right, the actual current crisis & bank failures is due to phantom assets aka mortgage derivatives on the books of banks & insurance companies. They lent against these "assets" so when the illussion was over, credit had to be called in all over the place. The Fed growing money...

Why is it so hard to accept reality? Why do you get so bitter and put words in my mouth? I never said it was glorius, but I will tell you this much, the guys who were part of that exclusive club do feel it was glorius. Daytrading is a priviliege to the average guy when you look at history...

You're not thinking ahead. National Central Bank failures is part of the process. Have you forgotten that there is a continental central bank in Europe?

You cannot be serious. The articles written by mass media are meant to program the masses not those who run things. The idea is getting more attention so that it can become reality in a smooth transition [B] What are you talking about? The point of this tax is to push the average...

Business cycle is a myth, nothing more than flunctuation of credit & money supply. Nothing natural about it.