Tag Archives: Bernanke

No wonder Burnanke wants to leave

The Treasury Department doesn’t include obligations for Medicare, Social Security, Medicaid, and federal and state pensions when they are calculating the federal debt.  Which is good, because THAT number is already at $86.8 trillion and expected to rise to $220 … Continue reading

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Buying time

Because of pressure from Ron Paul, Jim DeMint, and Bernie Sanders, the GAO was forced to do a partial audit of the Federal Reserve and make the results public.  Not a full audit, just a few of more egregious details. … Continue reading

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Fool’s gold and gold fools

Ben Bernanke, the chairman of the Federal Reserve, said today that a gold standard won’t fix the economy.  He said it would limit the government’s ability to manage the economy. Let’s see: No inflation Limited government Free market I can … Continue reading

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Solyndra-fication

Yesterday, 10/20/11, the tax payers just got placed on the hook for another buyout.  This one makes the billion dollars given to Solyndra to funnel into the pockets of the Obama campaign fundraiser billionaire, George Kaiser look like pocket change. … Continue reading

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