The Future of Silver – TELEPATHIC interview with Adam Smith – Robert Singer

(MarketOracle) – Robert Singer, recently proclaimed a Junior Mogambo Ranger (JMR) interviews Adam Smith, telepathically. I got out my new Matrix Mind-ray Scanner, delivered before The Sharper Image and our way of life filed for bankruptcy and Googled “who is the founding father of economics”. Results: Richard Cantillon, Alexander Hamilton and Adam Smith. I never heard of Cantillion and Hamilton is the father of Crony Capitalism. I selected Adam Smith and set the device on “Interview” and typed

A Dark Hole of Democracy: How the Fed Prints Money Out of Thin Air

(AlterNet) – Pelosi: “We wake up one morning and AIG was receiving $80 billion from the Fed. So of course we’re saying, ‘Where is this money coming from?”

Black-magic dollars

As usual, I put on an adult-sized diaper and my tinfoil hat in careful preparation to look at the change in Total Fed Credit last week, and it is a good thing I did, too, because the Federal Reserve (as expressed in their secret motto “We Are Evil”) created, out of thin air, a new US$29 billion in bank credit! Wow!