Tag Federal Reserve

#SaveUsMagicCoin Trillion Dollar Coin to the Rescue!

Jenny Marie Hatch Leave a comment
This story just hit the internet and I was reminded of a blog post I wrote in 2013

Now if you are naive enough to believe these trillion dollar coins will keep the economy from imploding, I am just quietly sitting here openly laughing at you.

More from the archives HERE and HERE!

Cheers!

Jenny Marie Hatch

Quote from my post…

“Iowahawk, my favorite political blogger and a must read on Twitter “Coined” (sorry for the pun) the perfect title for the Musical to be written fifty years hence in a Twitter feed he started a few days ago.

The Twitter Hash Tag #SaveUsMagicCoin contains some hilarious commentary and spoofs the Progressives Delusions about how to fix the Economy.

https://twitter.com/SPMcDonald/status/288388906846674947?s=20

I would like to officially volunteer to write the Musical that will be the Anti-Annie in the years to come.

We could also title it “Hayeks Revenge”, or “Atlas is Still Shrugging”, or even “Sorry Virginia Santa Claus is really and truly DEAD!”

Continue reading “#SaveUsMagicCoin Trillion Dollar Coin to the Rescue!” →

Two Awful Anniversaries: Creation of the Federal Income Tax and The Federal Reserve

Jenny Marie Hatch Leave a comment

Two Awful Anniversaries

Steve Forbes shares some wonderful news.

 

Jenny Hatch

Jenny Hatch summer 2004
Longtime readers of this blog know the great admiration I have for Whole Foods CEO John Mackey. Steve Forbes recently had a great interview with him about his new book Concious Capitalism, which is currently making Progressive heads explode all across the land.

Enjoy!

Michele Bachmann Supports An Honest Audit Of The Federal Reserve

Jenny Marie Hatch Leave a comment

Michele Bachmann Supports An Honest Audit Of The Federal Reserve

Did you know that the Federal Reserve has never been the subject of a true comprehensive audit ever since it was created?

The truth is that the American people have a right to know what is going on over at the privately owned central bank that has complete control over U.S. currency and banking. The Federal Reserve played a huge role in creating the gigantic economic crisis that we are currently experiencing, and the reality is that right now they have very little accountability to the U.S. Congress or anyone else for that matter.

Thank goodness that we have members of the U.S. Congress such as Michele Bachmann that are willing to stand up to the Federal Reserve bankers…..

The Fed is the biggest problem in America Today.  This is the main reason why I endorse Michele Bachmann for President of the USA!

Jenny Hatch

Fed earned $45 billion in 2009: report

Jenny Marie Hatch Leave a comment

Federal Reserve

Federal Reserve

Click on the image to get to an article on the Ron Paul web site titled “The Case against an unaccountable Federal Reserve”

 

Time to AUDIT the Fed! (And then get rid of it!)

 

“WASHINGTON (Reuters) – The Federal Reserve made record profits in 2009 and will return $45 billion to the Treasury, after its efforts to prop up the economy created a windfall for the government, the Washington Post reported.

 

The $45 billion reflects the highest earnings in the 96-year history of the U.S. central bank, the newspaper reported on its website late on Monday. The figure was obtained by calculations based on public documents, the Post said.

 

The Fed funds itself from its own operations and returns its profits to the Treasury. The largest previous refund to the Treasury was $34.6 billion in 2007, the Post said.

 

The report said much of the Fed’s higher earnings were sparked by the central bank’s aggressive program of buying bonds to push interest rates down and stimulate growth.”