The Gold Prices Newsletter

The Federal Reserve: The New Robbers! Posted: 26 Jan 2009 05:10 PM PST Cartoon courtesy of Deesillustration.com The Federal Reserve is the new robber as they perpetrate the transfer of wealth from the hands of the capable to the hands of the inept. Financial stimulus, bailouts, subsidies, et al, is the process of giving those enterprises that failed the wealth that was generated by those who are successful. The bailouts of the banks has effectively ring fenced the disease known as incompetence and as long as it remains protected from the real world it remains a threat to economic recovery. These incompetents should have been eradicated by a free market allowing them to fail. Upon failure the assets would have been transferred into the hands of the more capable entrepreneurs who would rebuild the businesses (more…) Related on Gold Prices: The Federal Reserve: The Greatest Scam In History? The Federal Reserve: The Greatest Scam In History? (Revisited) A Monster day for Gold and Silver Stocks! The Bank of England hits the panic button US Dollar down 4.3% in a month! Also See: Uranium Stocks news and information on profiting from uranium stocks, future outlook for uranium prices and more Silver Prices for silver news and reports with real time silver prices and charts

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