The Federal Reserve is our Problem
Kurt Nimmo
Prison Planet.com
September 10, 2012
Former OMB boss David Stockman told CNBC that Romney’s vision of capitalism is not possible if the Federal Reserve continues to run the economy. Stockman said the only candidate that had it right was Ron Paul.
“He was the only one that had it right about the Fed,” Stockman said. “The Fed is the heart of the problem. We have destroyed the capital markets, the money markets. Interest rates mean nothing. Everything is trading off the Fed. Wall Street isn’t even home. It’s a bunch of computers trading word clouds emitted by this central bank or that.”
Stockman said that with the insane interest rate policies of the Fed, the crushing debt of entitlements and the neocon-driven war machine with a parasitical military-industrial complex in tow will continue to roll on unless something gives.
Facing the music will never happen “if you can keep borrowing free money forever b
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2013-04-12 18:35:14
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