A Message To Janet Yellen: Welcome to the Crack House
It appears that Federal Reserve Governor Janet Yellen will be taking over as Fed Chairman soon. (Although, I suppose that in the politically correct Newspeak, she will ignominiously be called a “Chair.” ) As she assumes command of that soiled centenarian private banking cartel, all that I can say to her is: Welcome to the Crack House. Back in April of 2012, I wrote: “Remember when I compared Quantitative Easing debt monetization to crack cocaine addiction? It appears that Tim Geithner and Ben Bernanke have moved up to the level of co-dependency and are only one step away from collapsing …