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glasstiger
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Warren G. Harding’s Brilliant Do-Nothingness

- Lew Rockwell -

Lew, almost everywhere the argument is made that the Fed's stimulus was never initiated to reverse the recession.
It was primarily to feather the banksters bonuses and to loot US citizens of their future; for the benefit the ultra wealthy.
The whole Ponzi scheme has been hidden from the 99.9% by Fed and MSM propaganda. Calling it Keynesian if you like.
It is obviously massive fraud, and the US government and large corporations are complicit.

Commented 3252 days ago

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Beginning of the headline :As the financial crisis of 2008 took shape, the policy recommendations were not slow in coming: why, economic stability and American prosperity demand fiscal and monetary stimulus to jump-start the sick economy back to life. And so we got fiscal stimulus, as well as a program of monetary expansion without precedent in US history. David Stockman recently noted that we have in effect had fifteen solid years of stimulus – not just the high-profile programs like the $700 billion TARP and the $800 bi... Read More

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