John Manfreda joined us today to discuss the lies behind the great Taper Caper. The fact was that the Fed was never going to taper, never could taper and never would taper. It was just a meme used to cover up the truth that they were really increasing the purchase of bonds to help support the banks, which are just waiting for the next real estate collapse to occur. Then we went on to discuss energy and where prices are heading. The US could be energy self-sufficient within a short period of time, with an investment in natural gas infrastructure and conversion of autos to compressed natural gas, but there’s a complete lack of political will to get it done.
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