“Honest money requires honest stewardship. If, therefore, the dollar is to be an honest, trustworthy currency, the Chairman of the Federal Reserve and the Secretary of the Treasury must also be honest and trustworthy. Anything less is a threat to the dollar’s value, which is a threat to the very foundation of the US economy. Given this inescapable truth, what are we to make of the revelation that the Chairman of the Federal Reserve and the Secretary of the Treasury allowed the multi-trillion-dollar Libor fraud to operate for more than four years?”
http://dailyreckoning.com/champions-of-dishonesty/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The Costs of War in Syria
Bill Bonner: There Is No Security in Bonds Right Now
Peter Schiff: Soon in America, retirement will be as rare as a single income household
An Important Weimar Republic History Lesson
The Federal Reserve's Cargo Cult Magic: Housing Will Lift the Economy (Again)
Fifty Ways to Leave Leviathan
The Man Who Was Treated for $17,000 Less
Bill Bonner: Too Much of a Good Thing, Continued…
Is the U.S. Producing Democracies?
The Story of Kidnapped Costa Rican Internees in One of America's World War II Concentration Camps
Stefan Molyneux: The Truth About Bitcoin
Lisa Bowman: My Encounter With The Borg
Why Can't We Party Like It's 1905?
Zoning’s Racist Roots Still Bear Fruit
Foreign asset reporting before FBAR and FATCA: “loyalty questionnaires” for World War II Japanese Am...