In response to:

Can Bernanke Force Banks to Lend?

shubi_ Wrote: Jul 14, 2012 7:33 AM
I read the paper. As usual, the bureaucracy comes up with a non-event. I am not sure anyone in the government or financial power structure knows what to do to solve this mess, but I do know socialism and communism are not the answer.

Several readers have ask me to comment on a King World interview of Michael Pento.

Before I offer my comments on Pento's thoughts, let me say upfront that Eric King is a world-class interviewer. King lets his interviewees have their say, no matter what it is.

It is up to listeners to decide whether the message makes any sense or not. King merely wants the position to be well stated.

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Hello Mish:

Have you listened to Mike Pento's scenario where the FED will cease to pay interest on reserves held at the FED, as a result, forcing...
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