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Note – There is an error in today’s podcast. When I stated that it took 400 pounds of corn to make a gallon of ethanol that was a mistake. What I meant to say was 400 pounds of corn to produce 25 gallons or one tank of gas. Today we will start off with a quick look at two financial stories that are being spun as “positive”. First we will look at the decision by the Federal Reserve to bail out Freddie Mac and Fannie Mae and how once again the M3 Money supply will be inflated further devaluing the … Continue reading →