About the Frankenstein Economy

by Aaron A Day on March 12, 2013

The Federal Reserve needs to remember that playing God and trying to modify the laws of nature carries important risk. Like Dr. Frankenstein who perished at the hand of the creature he created Dr. Bernanke will see his creation destroy his legacy. The question now is when? Read more here: http://www.investoffshore.com/the-frankenstein-economy/

From the Financial Times – The Federal Reserve under Ben Bernanke has been the only serious economic actor in Washington – http://on.ft.com/YlTSOb

From – Paul Craig Roberts about the latest jobs report: The presstitute media attributed the drop in the headline unemployment rate (U3) to 7.7% from 7.9% to the happy jobs report. But Rex Nutting at Market Watch says that the unemployment rate fell because 130,000 unemployed people who have been unable to find a job and became discouraged were dropped out of the U3 measure of unemployment. The official U6 measure which counts some discouraged workers shows an unemployment rate of 14.3%. Statistician John Williams’ measure, which counts all discourage workers (people who have ceased looking for a job), is 23%.

Heads Up! – SEC hits Illinois with securities fraud charges: http://tinyurl.com/b2sooew

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