You Heard It Here First

Gadhafi will leave and soon and spend the rest of his days in Venezuela.  The rebels in Libya will ask China to help them with their oil.  The GOP primary dance will continue because not all primary elections take place on Diebold machines.  However, when it is all done, the media and the GOP will […]

Where's That Guy When We Really Need Him?

In addition to the fees they charge for loans, fees (often 20+%) they charge on credit cards, fees they charge for checking accounts, Bank of America, J P Morgan Chase, U S Bancorp, Citigroup make $20.5 billion off of the use of debit cards.  This $20.5 billion is “free money.” The debit cards automatically transfer […]

The Herd Of Elephants In The Corner

NPR was about to explore the dangers of a “protective tariff” that was just passed on goods from countries with state controlled currencies.  Specifically, that would be China.  Because China keeps their currency “low” relative to the dollar, that makes Chinese goods cheaper than American goods.  It makes it easier for Americans to buy Chinese […]

Economist Tim Madden: U.S./Canadian consumer interest calculation method is a monstrous fraud. 1 of 3

Tim Madden is an economist with expertise on credit and banking. Tim and I are colleagues in lobbying government for public banking, with concentration in the US for state-owned banks (and here). The structural solutions to our economic controlled demolition are obvious and simple; and explained beautifully by many of America’s brightest historical minds. Tim’s […]