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Patriots

Power is not a means, it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship.~ George Orwell

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The theory of Communism may be summed up in one sentence: Abolish all private property.~ Karl Marx

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The Next Bubble

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Did you ever wonder what a bubble looks like before it is filled?

This is the perfect opportunity to see one. The FED is in talks to sell assets to your mutual fund manager for later repurchase by the FED. If you have money in a mutual fund you are getting ready to buy FED assets in a huge way. Since the number of people and countries willing to buy US debt is falling they have to find some way to continue selling FED securities. In this case in the name of removing an excess of liquidity caused by an excess of ink and paper being FED into a printing press.

Chairman Ben S. Bernanke yesterday charted ways the Fed might withdraw record monetary stimulus pumped [...]

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