When bitcoin collapses, it will prove Milton Friedman right once more

This kind of hoarding is made more likely by the way Bitcoin is set up. Whereas the supply of modern, “fiat” currencies is controlled by central banks, the supply of bitcoins is permanently limited; there will never be more than 21 million bitcoins in existence. (The total number of coins is a result of the… Continue reading When bitcoin collapses, it will prove Milton Friedman right once more

Ron Paul’s Campaign Manager Died of Pneumonia, Penniless and Uninsured

Ron Paul’s Campaign Manager Died of Pneumonia, Penniless and Uninsured

Tea Party Audience Cheers Death :: Georgia Politico

Tea Party Audience Cheers Death :: Georgia Politico

Report: Millions Donated To Islamophobic Groups Since 2001

Report: Millions Donated To Islamophobic Groups Since 2001 | TPMMuckraker One name stood out. Richard Mellon Scaife foundations If that name doesn’t ring a bell, he was one of the major backers of the Arkansas project which lead to the years of wasted effort in the Whitewater Investigation. He is what Mrs. Clinton was referring… Continue reading Report: Millions Donated To Islamophobic Groups Since 2001

Top CIA Official: Obama Changed Virtually None of Bush ’s Controversial Programs

With a notable exception of the enhanced interrogation program, the incoming Obama administration changed virtually nothing with respect to existing CIA programs and operations. Things continued. Authorities were continued that were originally granted by President Bush beginning shortly after 9/11. Those were all picked up, reviewed and endorsed by the Obama administration. From Top CIA… Continue reading Top CIA Official: Obama Changed Virtually None of Bush ’s Controversial Programs

Krugman being grouchy in the NYT

Zero job growth, with unemployment still at nosebleed levels. Meanwhile, the interest rate on 10-year US bonds is down to 2.04%, and it’s negative on inflation-protected securities. Aren’t you glad we pivoted from jobs to deficits a year and a half ago? Meanwhile, on the other side of the pond, Is austerity killing Europe’s recovery?… Continue reading Krugman being grouchy in the NYT