(and other mysteries resolved). As you watch the bizarre theatre of life unfold in America, pundits attempt to explain away the actions of the FED through the filter of their myopic lenses, blindly stabbing at motive. In case it isn’t obvious, Bernanke’s purpose in holding the first FED press conference in 90 years is quite simple. He [...]

Another great Eric de Carbonelle video. It’s one thing to simply know about and comment upon the FED’s flamboyant disregard for anything resembling the rule of law. It’s another to see it laid out on their own website:   and another on Government / GSE role in financial (sp)innovation:

Leave it to Ellen Brown to dig up what might just be the truth, amidst all the confusion, regarding Libya. But whatever the reality is, it is buried under so many layers of diversion, it may be difficult to recognize. Within the first layer is the most widely accepted mainstream view that Gaddafi is a merciless animal and [...]

In our continuing quest to expose the truth by covering  articles from former “insiders” like Damon Vrabel, we bring you Catherine Austin Fitts, former assistant Housing Secretary in the senior Bush administration, now turned private sector investment advisor. These are people whose exposure provides credible insight into the inner workings of the system. Vrabels exposure to the [...]

It’s simply amazing the stuff you find when you actually read the comments in certain financial blogs. The trail leads to former insiders able to articulate our present day realities with matter-of-fact credibility. You only need to read a few select paragraphs from Damon Vrabel to understand what is behind the great facade: The truth is that modern Economics … assumes money is [...]

As intelligent seeming people begin to reveal that they lack certain faculties of deductive reasoning, we at letthemfail continue to meet our obligation: to establish the difference between reality and fantasy, as we have so many times before. The principle concern in the debate always centers on the tendency to label people who see design where others see circumstance [...]

Charles Hugh Smith nicely encapsulates the Federal Reserve’s continuing execution of its true mandate in 6 tidy bullet points, presented here in this Zero Hedge guest post. 1. It gave U.S. banks and other insolvent financial institutions an unlimited pool of money to borrow at zero interest and leave on deposit at the Fed, where it earned [...]