JP Morgan CEO Jamie Dimon believes “the system is very, very sound” after his company takes over First Republic Bank in the second largest bank failure in US history. Should we believe him? And…how much is this “deal” going to cost US taxpayers? Also today: Ukraine Defense Contact Group is a scam. Finally – though the House voted down a bill to get out of Somalia, it’s actually good news.
The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. Visit http://www.ronpaulinstitute.org