Tag «ethanol»

The Great Awakening has Begun

Within the last week alone, the Federal Deposit Insurance Corporation (FDIC) and Ben Bernanke, the head cheerleader for the U.S. financial system, testified before the U.S. Senate that banks will fail. This is the ultimate no-brainer admission. But still. The FDIC also brought back, out of retirement, a bunch of bank examiners to oversee the carnage. And “Helicopter” Benanke proposes to destroy the dollar, apparently so the banks will have company.