Recently I emailed the Federal Reserve Bank and asked them the following questions:

Why is the fed a private bank? Why does it choose to bail out those that scam us? Why profit off of middle class and destroy them? Why does the fed refuse to admit that “paper” currency will fail miserably against a “gold” standard?

Here is their response.

It’s never been more important to spread a sound view of money and banking, not only as a protection against the fallacies of “stabilization” and “reflation” but also as way to see what kind of reforms are essential now.

Actual CPI vs. Official CPI
As I was surfin’ the ‘net last week I ran into a rather interesting article that claimed that Americans indeed are better off economically under the Bush regime. The article is compelling, except for (at least) two glaring flaws: it uses the discredited official CPI index to measure inflation levels and it does not account for the massive new debt loads, due in large part to the wars in Iraq and Afghanistan, that current and future generations of Americans will have to pay back. Below is the full-text of the article:

New Income and Poverty Figures …

I haven’t been sure what to think about McCain’s recent selection of Sarah Palin for his running mate, except that the whole thing feels pretty staged. I’ve debated with friends and family about the situation and all I could really come up with is that McCain was doing this to bolster his image, but there would be no real effect on his actual presidency. During a regular trip over to mises.org I saw that they had an article up about Palin and I read on with curiosity. Strangely enough, it gives Palin more credit than I knew was due to …

“So nobody really thinks that Bush or McCain have a real answer for the challenges we face, so what they’re going to try to do is make you scared of me. You know, he’s not patriotic enough. He’s got a funny name. You know, he doesn’t look like all those other presidents on those dollar bills, you know. He’s risky. That’s essentially the argument they’re making.”
These were Barack Obama’s comment’s in Union, Missouri. John McCain’s manager responded by saying that Obama “played the race card…from the bottom of the deck.” He says Obama is shameful and wrong, etc. BUT I’m …

I am starting a series of short interviews with local artists to get their ideas about the economy and what artists can to to improve the economy locally and in the nation overall. My first interview is with Brandon White, aka Bushido Garvey. Below is the interview:

What do you think are the biggest factors contributing to our economic downfall in the United States?

Horrible decisions of self-interests made by those in power. I, by no means, am an economist, however its very safe to say that those in power (the extremely affluent) have made sure to pool the money, not let it flow through the veins of this country. There were many of these decisions, but one of them is exhorting the middle and lower classes. These people are the largest contributors to the economy, it is extremely unwise to not to cater to them, let alone extort them.