“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/
Related posts:
Jacob Hornberger: The Pipe Dream of NSA Reformers
Why Foreign Real Estate is an Internationalization Grand Slam
Let’s stop wrecking lives over a bag of weed
Dimes on Black and Dynamite on Red
Lessons from Economic Crises in Argentina
The All-Seeing Eye
School Has Become Too Hostile to Boys
Bitcoin Is Not Surging, 'Going Ballistic' Or 'Going On An Astronomical Tear'
Sheriff Bradshaw and the Palm Beach County Psihuska
Bitcoin and China: More than Meets the Eye?
The State: Judge in its Own Cause
David Graeber, DEBT: The First 5,000 Years [2012]
The Mind-Boggling Implications of a Bitcoin Economy
Catherine Austin Fitts: Coming Clean Beyond the Fiscal Cliff
David Stockman: The End of U.S. Imperium—Finally!