Judge Napolitano on the “Folly Of The Fed”

Must-watch clip from the only news/opinion show I try to catch every night, Judge Napolitano’s Freedom Watch on Fox Biz. Mr. Napolitano does a great job explaining the fundamental flaws with the current banking system.

Worth noting: Judge Napolitano leads most of the Ron Paul VP candidate polls I’ve come across … and I’d definitely support him in that role. Whether the pair was running as GOP candidate, or otherwise.

Romney/Cain/Perry/Bachmann fans take notice — a hefty chunk of us who support Ron Paul simply won’t vote for anyone else. If he loses GOP nod, expect to lose 5-10%, maybe more. Vote for Ron.

On that note  – Paul raised more than $2m in 24h in his most recent money-bomb fundraiser. And that’s not from bank/corporate “bundlers“, such as those the Obama campaign has utilized to raise $89m so far. Paul’s campaign depends on money from individuals, concerned citizens.

I hate to sound hyperbolic, but a RP presidency is probably one of the last chances America has to avoid some extremely nasty budgetary/monetary woes a few years down the road.

We’re at a historic debt & demographic crossroads. The path we choose in the next couple of years will determine whether we have (another) lost decade, or a (relatively) brief period of adjustment, followed by a return to sustainable growth. Let’s think long-term, for once.

William K. Black on OWS as a Reaction to White Collar Fraud

Bill Black talks to Democracy Now about the Occupy Wall Street movement, and what’s fueling it (hint: fraud/theft). An excellent interview.

Bill Black’s cleverly-titled book, The Best Way to Rob a Bank Is to Own One, is on sale at Amazon. Also see his interview with Bill Moyers from 2009, a classic.

Mr. Black was also kind enough to do a brief interview with me a few years back, which you can find here. This is my favorite part:

#3) Me: Do you feel that your outspoken views preclude you from future government appointments?

Mr. Black: My crucial CLGs (“career limiting gestures”) were being a serial whistleblower and helping to cause two presidential appointees (i.e., my bosses) to resign in disgrace.  I also played some role in Speaker Wright’s decision to resign in disgrace and the embarrassment of the Keating Five.  Pointing out that Geithner was selected because he was a perennial failure and moral cripple, not despite these defects, pales in comparison to those CLGs.

#4) Adam: If offered a top government regulatory post, would you consider taking it?

Mr. Black: Yes.

More Jim Rogers: ECB Will Likely Start Printing

Another great interview with Jim Rogers, one of the few truth-tellers who continues to get MSM air time. Here he talks with Larry Kudlow, who brings up an important issue — whether the EU will eventually follow the Federal Reserve in their currency devaluation strategy. Other topics discussed: Fed lies, M2 money supply exploding, looming (potentially disastrous) global inflation.

I took advantage of the recent dip in silver prices, bought more. There are few things I want to own today more than gold & silver bullion. Global printing just getting ramped up. Bad as things are today, I believe this is the calm before the storm.

h/t Robert Wenzel.

Jim Rogers: We’ve Had One Lost Decade Already, Will Have At Least One More

In this interview via Reuters, Mr. Rogers talks about his desire to short treasuries (eventually), which he says will be “one of the great shorts of our time”. Also discusses why he’s currently long the dollar, and why the world needs a “controlled disaster” before something much more volatile inevitably occurs.

h/t Silver Doctors

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