The chorus against the Fed Bubble continues apace as David Einhorn rips Fed’s jelly donuts policies. Rick Santelli and Fed apologist Steve Leisman discuss the Einhorn’s statement. These exchanges have gone on for a few years, except now Leisman really seems to be on the defensive in a crackpot blathering rancid stale bread kind of way. Next up is Ron Paul with a classic essay, calling central bankers, “intellectually bankrupt”. James Grant takes the opportunity to take another shot with strong langauge, ”The Federal Reserve is the giant squid of squids, it is the vampire squid of vampire squids.” This is no mercy stuff, and I think is marking the point when at last the curtain is being pulled back.
On the third rate black propaganda front and following on CNBC’s declining ratings, Lee Adler aptly describes how Airin’ Burnett Led to CNN Ratings Collapse After She Left CnBS Holding the Bag. Besides being the worst kind of cheerleader, she is just not credible in a growing atmosphere of civil dissent. The gente are tired of being spun. He is Burnett’s pedigree in case you were wondering how she was placed as a kelptocratic agent.
