It was counter-nostalgic this morning to see ex-Fed guy–and Kochtopus fave–Robert McTeer as CNBC guest host. Remember when he was hailed by regime libertarians as a free-market guy interested in Frederic Bastiat? McTeer used printed greenbacks at the Dallas Fed to try to link his rotten Keynesianism to a great and good man. For this, we were supposed to praise him. Today, he hails the liquidity bandits as the best answer to all our problems. CNBC even raised the possibility of a zero Fed interest rate, exactly as Keynes wanted. All the banksters and other Fed shills have been bad … Continue reading CNBC = Fed Propaganda
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