Month August 2011

Virginia earthquake

Despite West Coast mocking, 5.8 is a sizable quake (I lived in LA for years.) Further, most Californians would be terrified if a hurricane, something they have no experience with, hit them.

Bernanke and treason

(from a reader) In 1972, after Nixon had imposed price controls on the entire American economy, Fed Chairman Arthur Burns inflated the money supply by a then-record 8.7%. The Republicans praised him as a genius. The obvious purpose was to…