Day: July 4, 2012

Who’s next?  And, who’d of thought that non-transparent pricing mechanisms set by the government-sanctioned banking cartel might not reflect actual prices?  Diamond Quits as Pressure

http://cafehayek.com/2012/07/prices-and-reality.html

And Now The Fed Gets Dragged Into LiEborgate | ZeroHedge.

In other words, a central bank was directly and indirectly involved in manipulating interest rates. Based on inquiries from Whitehall.  At the link is the

In Living Will Color: Translating What The Banks Really Said | ZeroHedge.

Let’s not kid ourselves: the economic destruction and remaking of America is the goal here, implemented by a Cloward-Piven strategy to so over-stress existing institutions