March 26, 2009
March 25, 2009
Tough Questions from Minnesota
Rep. Michele Bachmann from Minnesota drills Bernanke and Geithner on the constitutional source of the authority for the actions they have recently taken, as well as their avoidance of providing full information to the public and the Congress. Not surprisingly, they have trouble making a coherent answer and Barney Frank is noticeably irritated by the end. Finally, someone else is asking tough questions.
Notice how even Bernanke is calling it a bailout now. HAHA!
Notice how even Bernanke is calling it a bailout now. HAHA!
March 23, 2009
A New Record: Largest Bill Ever Printed
I remember sitting in my economics class when the professor talked about inflation and showed examples of some of the largest denominated bills ever printed. Check these out:
In 1946
On December 23, 1993, the former Yugoslavia issued a new banknote to keep up with rampant inflation, the 500 billion dinar note, that's a 5 followed by 11 zeros, but shortly after cut off nine of the zeros. One of the 500 billion dinar notes could have bought you lunch if you were very frugal.
The 500 Billion note just blew my mind. That was, until I saw this, just released from Zimbabwe:
Look at all those zeros!
March 17, 2009
Apparently, I am a Terrorist, and You May Be Too....
Maybe you've heard, or maybe not, but the Missouri State Police think I might be a security threat (maybe you are too).
Why? Because I support Ron Paul and the Campaign for Liberty. Also, because maybe I own guns, oppose abortion or support homeschool.
Even, and I'm serious, because I support the U.S. Constitution.
This is no joke. Read it for yourself here. On the top of page 7.
Why? Because I support Ron Paul and the Campaign for Liberty. Also, because maybe I own guns, oppose abortion or support homeschool.
Even, and I'm serious, because I support the U.S. Constitution.
This is no joke. Read it for yourself here. On the top of page 7.
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