In a week when the Greek leadership declares it a historic moment for the European Union that the ailing country has agreed to swallow an additional austerity plan which, so far, seems to have calmed markets it would almost be too much to continue picking on the Eurozone. Yet pick I am going to nonetheless [...]

Pamela over at Atlas Shrugs has been doing an exceptional job exposing the Jihad bailout of AIG.  To go along with being a terrible hedge fund manager in AIGFP, it just so happens that “AIG was (and still is) the world leader in promoting Sharia-compliant insurance products.”  The problem?  As noted in the press release [...]

Zero Hedge (with help from the Huffington Post) has been all over the biggest fraud perpetrated by the government in economic history.  While trying to avoid some of the minutiae of the transactions that took place, below are some of the highly poignant issues to come out of HuffPo’s (shockingly!) and Zero Hedge’s excellent muckraking.  [...]

The Federal Reserve paid a record $46.1 billion to the U.S. Treasury in 2009 increasing by $14.4 billion its 2008 payment. It was the largest payment since the central bank was created in 1914. Its total 2009 net income of $52.1 billion also was a record.
“This is a silver lining in that big cloud of [...]