State corruption

Just the last few hours of corruption reports. When will America realize, the state is the enemy of their freedom and prosperity?

Thanks to the Drudge Report, ZeroHedge and, ibankcoin for this information

Is Obama in cahoots with the Russians?

Pelosi lies again….

Schumer and the Russians, are all of our state actors speaking with them?

Was there ever and consideration of a potential conflict of interest at CNN?

Why are we hearing of this corrupt tactic again, isn’t this the way the Democrats pushed Obamacare through in the first place?

Isn’t Tesla a recipient of billions of US taxpayer dollars?

More Russian meetings by Democrats, is this a problem?

More money coming to the elitist state lovers called the ‘one percent’ via the Federal Reserve?

Are these corrupt corporatists?

Does anyone else just think this is weird?

ICE is operating fairly?

Let the market determine interest rates

In the past several years, there is much discussion by the medias’ financial pundits and prognosticators as to what the Federal Reserve will do regarding interest rates (federal funds rate) after the 2016 presidential election. This speculation is troubling in itself as it hints of political shenanigans by the Federal Reserve.  Rates have been at historical lows since 2008 as one can see by the chart shown below. One could ask the question what has this blatant manipulation given the average American?  Not much in terms of rising incomes and increased productivity however the equity markets and other malinvestments have prospered.


How about an entirely different model. Dissolve the Federal Reserve and let banks and other lending institutions lend money based upon free market forces. Interest rate discovery will then be driven by complex market forces which would cause interest rates to rise and fall as the demand for credit increased or decreased. In this free market model, the invisible hand would protect our economy from artificially inflated bubbles and the corrupt politics of the ruling statists.