Bernanke is No Hero
Aug 28th, 2009 | By Bill Bonner | Category: Politics & Economics“They were hunters. They stayed here during the Ice Age, probably hunting reindeer,” said the archaeologist in charge of the site. “But who were they?”
“They were hunters. They stayed here during the Ice Age, probably hunting reindeer,” said the archaeologist in charge of the site. “But who were they?”
That the president of the United States of America is now creating the business plan for an automobile company is surely a sign of something big.
America is in a real pickle these days – but just how did we get here? Jim Amrhein reminds us, in signature pull-no-punches style, that the man who just left the White House had an eight-year hand in this mess…
Whoever said irony died after 9/11 clearly didn’t anticipate this.
Will November’s emergency global financial summit result in a “new global financial order”? European leaders are pressing for a fundamental change in the US-centric monetary system. Jason Simpkins says a similar crisis meeting in 1944 gave birth to the Bretton Woods gold standard. But there are reasons to doubt such a major reform this time around.
Lost in the meaningless bickering among the presidential candidates over suspending the federal gasoline tax is some genuine news…