Possibly the World's Greatest "ETF"

As an economic engine the potentials of the Federal Reserve System are formidable. However, not even the United States can survive the enormous waste and continuing crisis occasioned by its prejudices. At present, its loyalties are invested in a militant minority instead of the country's plurality, though it was for this latter group its creation was sanctioned.

~Richard Ney, The Wall Street Jungle, 1970


Kind of a sensational headline especially when I am purposely using an acronym associated with exchange traded funds. The world's greatest E*T*F???

End
The
Fed

I could continue to mind my own business and happily swing from the branches as usual but this time they have gone too far, hiding behind those fancy pseudonyms right out in the open. Unbelievable. First QE2, now this...



Oh, the humanity! Can anyone save Gotham City...and the world?

Call Commissioner Gordon! Send out the Bat Signal....and while you're waiting, here's some required reading material:


The Creature from Jekyll Island : A Second Look at the Federal Reserve

From the Amazon product description:

Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait!
You'll be hooked in five minutes. Reads like a detective story - which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity.
Creature from Jekyll Island is a "must read." Your world view will definitely change. You'll never trust a politician again - or a banker.

OK, this one is on my reading "short list" since I haven't actually read it yet. In classic monkey style, I'll put this post under 'Book Review' and do the reading later.

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End The Fed

Here is Ron Paul's spin on the subject with 384 less pages. I just wish he would come out of his shell a little and use a specific, "get to the point" kind of title.





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The Complete Adventures of Curious George

A fun adventure of a curious, probably Harvard educated monkey, who just can't seem to stay out of trouble. Hey, it's got a monkey, and pictures.

One must cleanse the reading palate occasionally.