Who Got the $77 Billion That the FED Earned in 2011?

Written by Gary North on March 22, 2012

The headline on MarkeWatch blared: Fed earns $77 billion from balance-sheet explosion. That got my attention. We learned the following: The Federal Reserve and its district banks earned the second-highest amount in its history last year as the central bank profited from increasing its balance sheet to boost the U.S. economy. The Federal Reserve and […]

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Why Ron Paul Does Not Attack Romney on Bain Capital

Written by Gary North on January 11, 2012

Mitt Romney said that Bain Capital had to fire people after it bought unprofitable companies. He has been attacked savagely by his opponents for that practice. But Ron Paul came to his defense. Why? Because he believes in the free  market. Speaking Tuesday on Laura Ingraham’s radio show, Paul said his GOP rivals former House […]

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