Looks like a shell game to me
US unemployment, now in the double digits, may remain "high" for several years and dampen economy recovery from a brutal recession, a regional central bank official warned. "With such a slow rebound, unemployment could well stay high for several year
Campaign for Liberty wants you to call Congress,... here are the numbers
"The King Financing Business"
On June 5, 1933, Congress passed House Joint Resolution (HJR 192). HJR 192 was passed to suspend the gold standard and abrogate the gold clause in the national constitution. Since then no one in America has been able to lawfully pay a debt. This res
Edward Griffin - "The Federal Reserve"... what now?
Representative Ron Paul, the Texas Republican who has called for an end to the Federal Reserve, said legislation he introduced to audit monetary policy has been “gutted” while moving toward a possible vote in the Democratic-controlled House.
“There’s no way they should have paid at par,” she says. “AIG was basically bankrupt.” - Janet Tavakoli, founder of Chicago-based Tavakoli Structured Finance Inc., a financial consulting firm.
Don’t expect the year-long rally in risky assets to be undermined any time soon by the Federal Reserve becoming concerned about inflation. The old metaphor — that the Fed’s job is to take away the punchbowl just when the party starts getting good
Last week a new bill was introduced in the Senate to audit the Federal Reserve. Some backers of my bill HR1207 and the existing Senate companion bill S.604 were a little miffed at this, but depending on how you think about it, this new legislation p
i suggest that u investigate www.monetary.org (stephan zarlenga)- the american monetary institute. their annual a.m.i. conference mtg. was recently analyzed by terry arnold on jeff rense...http://rense.gsradio.net:8080/rense/http/MP3Download/Read Letter
WTF is wrong with this clown?
A thanks to Edward Harrison who publishes the blog “Creditwritedowns.com” for his superb explanation of foreclosure and title issues dealing with “foreclosed” properties – in his commentary “What are the legal rights of lenders and homeowners in fore
Goldman Sachs is a great firm but it's minting money because it has an implicit government guarantee. This is ridiculous. The firm should be split in two. Wall Street reforms should include high capital requirements and a reinstatement of Glass St
"The fiscal position of the US is a complete disaster. Eventually in ten years time about 50% of tax revenues will be used to just cover the interest payments on the government debt and that is unsustainable. Then you are forced to print money... As
We owe our soul to the federal reserve (and the red chinese)
On October 15, 2009, We Are Change Boston asked former Federal Reserve Chairman and current Chair of President Obama’s Economic Recovery Advisory Board, Paul Volcker, about the Bilderberg Group.
The Office of Thrift Supervision was the first regulator to break the news of the 100th bank failure for the year. Yesterday, shortly after 5:00 p.m. EST, the OTS sent out an email announcing the closure of Florida’s
It sounded good when the Treasury’s pay czar, Kenneth Feinberg, announced that top executives at Citigroup, Bank of America and the other five institutions surviving at taxpayers’ expense would see their compensation packages cut in half this year an
Why Make Money through Commercial Banking when you can become a taxpayer backed Investment Bank. How JP Morgan Really made the $3.6 Billion in Q3 Profits.
This is the scariest image in finance:
The biggest decision of the economic recovery will be made in the next 6 months, and Barack Obama will have almost nothing to do with it. This decision is about when to pull out $1 trillion that’s propping up the U.S. banking system. And it will be F
As of September 30, 2009, Partners Bank had total assets of $65.5 million. .... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $28.6 million.
Serious plotting gets located this weekend in Armonk, NY
The Federal Reserve will expand its so-called stress tests of the banking system to ensure they have enough capital during difficult periods, Fed chairman Ben Bernanke said Friday.
If Bennie doesn't fly his money loaded jets, the stock market will eventually crack. A down close on a Friday is not a good sign.
Think commodities and emerging markets, and don't expect even high single digit portfolio returns. That was the grim message today at the Forum for Institutional Investors conference, where a panel of private equity managers on macro economics.