Basel III: The US has started a race to the bottom

More rule changes for banks that will allow them to “REDUCE CAPITAL REQUIREMENTS.” As I have said for years now, banks are all insolvent and involved in the biggest ponzi scheme in U.S. history since removing the gold standard in 1971. It is a house of cards that ends badly for everyone.   Source: Basel […]

Baby Steps Bob

Little Choices In life, we often focus and stress about the big decisions or choices we occasionally have to make. Which path to take when we come to a fork in the road? What we often fail to remember, or choose not to look back on, is that life is more of a long journey […]

Trump says he should get a say on Federal Reserve interest rate decisions

Although I would agree with most of his policies as president, as a free market libertarian and equal party offender, this is a big no-no. Markets, not government should have a say in monetary policy. #abolishthefed Source: Trump says he should get a say on Federal Reserve interest rate decisions