Chris

26 November 2010 - 26 March 2011 I am aware that many object to the severity of my language; but is there not cause for severity? I will be as harsh as truth, and as uncompromising as justice. On this subject, I do not wish to think, or to speak, or write, with moderation. No! … [Read more...] about Leithner Letter Nos. 131-135

26 July 2010 - 26 October 2010 It would be irresponsible in the extreme for an individual to forestall a personal recession by taking out newer, bigger loans when the old loans can’t be repaid. However, this is precisely what we are planning on a national level.I believe these … [Read more...] about Leithner Letter Nos. 127-130

26 April 2010 - 26 June 2010 It would appear that the more liberty we lose, the less people are able to imagine how liberty might work. It is a fascinating thing to behold. People can no longer imagine a world in which we could be secure without massive invasions of our … [Read more...] about Leithner Letter Nos. 124-126

26 December 2009 - 26 March 2010 After nearly four months of frank, honest, and open dialogue about the failing economy, a weary U.S. populace announced this week that it is once again ready to be lied to about the current state of the financial system. Tired of hearing the grim … [Read more...] about Leithner Letter Nos. 120-123

26 September 2009 - 26 November 2009 From the beginning of the current financial crisis, many officials have been insisting that a big part of our problem is “confidence.” Remember back [in October-November 2008] when the $700 billion bailout was supposed to inject “confidence” … [Read more...] about Leithner Letter Nos. 117-119