Today the Swiss franc made yet another new high against the super dollar, as it has been doing for 120 days. What you are reading in the graphs is less and less of the foreign currency that one dollar can buy. Of course, gold and silver also consistently hit new highs. Swiss franc:
Both political parties are manifestly hostile to citizens. This hostility reduces electoral participation to just over 50% of the voting age population for presidential elections and less than 40% for off-year congressional elections. The absence of 50% to 60% of those eligible to vote creates minority rule and threatens the legitimacy of any ruling party. Truly, every election ratifies the rejection of both parties.
Today is a historic day. The Federal Reserve gave their first press conference, ever. Below is the actual full press conference so you can watch for yourselves, in full.
Michael Collins
We are in the midst of a bum's rush - the quick eviction of a less than desirable in an unpleasantly abrupt fashion. The problem is we're the bums. Our eviction from the political process is all based the word of a firm that helped fuel the housing bubble, trigger the financial collapse, and found itself indicted by the State of Connecticut for "unfair, deceptive, and illegal business practices" in 2008.
Economist Dean Baker does a great call out on more fear tactics to convince your average American they must give up their health and retirement to save America:
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
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