World-News

The American Conservative
by Robert P. Murphy

12/10/09

First under the Bush Administration and even more so under President Obama, the federal government has been seizing power and spending money as it hasn’t done since World War II. But as bold as the Executive Branch has been during this financial crisis, the innovations of Fed chairman Ben Bernanke have been literally unprecedented. Indeed, it is entirely plausible that before Obama leaves office, Americans will be using a new currency...

http://www.amconmag.com/blog/killing-the-currency/


Informant: Thomas L. Knapp

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Bernanke's Faux Recovery

By Mike Whitney

By usurping powers not granted under its charter, the Fed has resuscitated insolvent institutions and helped them continue the transfer of wealth from one class to another.

http://www.informationclearinghouse.info/article24162.htm



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