Tag Archives: Federal Reserve

Another Savior from Chicago

Christine Lagarde became the president of the International Monetary Fund (IMF) after a scandal by Dominique Strauss-Kahn forced him to resign this past Summer. She had been employed by the Chicago law firm of Baker & McKenzie and became the company’s … Continue reading

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European TARP Financed by the Federal Reserve

Peter Orszag, a vice chairman at Citigroup made the following statement today: It is very strongly in our interests, and by that I mean U.S. interests, to avoid having Europe, in particular its banking system, collapse, especially when the U.S. … Continue reading

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The Final Straw for the US Dollar

The Federal Reserve has committed to another bailout today. No Congressional approval was asked for or needed. The recipients of this bailout are not the labor unions, community organizational groups or Democrat contributors. This time the recipient is the European … Continue reading

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Read Between The Lines

The New York Federal Reserve announced that general business conditions unexpectedly fell to negative 7.72 instead of the expected rise to zero from negative 3.76. The economy is contracting as quantitative easing II has ended and consumer confidence is hitting … Continue reading

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This Debt Debate Nonsense

Here’s is a common sense article that explains how simple this whole thing is to make go away. It just shows how the politicians, all of them, want to hold us captive. How the gov’t could save $1.6 trillion and … Continue reading

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Have You Read the Latest New York Federal Reserve Report?

The New York Branch of the Federal Reserve Bank issued a report on July 15th concerning the results of their survey of New Your manufacturers. The report “indicates that conditions for New York manufacturers deteriorated for a second consecutive month”. … Continue reading

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It’s Just a Fantasy – Just Ask the Animal Spirits

The following two graphs from CNNFN.com show a clear delineation between fantasy and reality. The first graph shows the stock market results for the past five days up through noon on June 22, 2011. Every day the market rose based … Continue reading

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The New York Federal Reserve Rescues the Stock Market (Again)

This is another in a series of articles outlining the New York Federal Reserve Bank’s policy to stabilize (artificially prop up) the stock market using Permanent Open Market Operations (POMO). The graphic below from CNNFN.com (2:15 PM, June 10th, 2011) shows … Continue reading

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Step Up or Stand Up?

Obama challenged businesses to “step up” and hire people to speed up the economic recovery. Here is another course of action: Let the free market loose by getting the government out of our way. No Healthcare, Cap & Trade and … Continue reading

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The Greatest Theft in History

http://www.youtube.com/watch?v=zBMN7q3IUl0″>httpv://www.youtube.com/watch?v=zBMN7q3IUl0

I have watched Glenn Beck since he started his show on FoxNews in early 2009. I admire his challenge to us to check his stories and he is one of an elite group of people who actually admit and apologize … Continue reading

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Who’s Got Your Dollar?

The dollar index is a measure of the value of the U.S. dollar relative to majority of its most significant trading partners. This index is similar to other trade-weighted indexes, which also use the exchange rates from the same major … Continue reading

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Consequences of the M1 Money Supply

http://www.youtube.com/watch?v=bjAg8Sx1fi4″>httpv://www.youtube.com/watch?v=bjAg8Sx1fi4

What are the consequences of the Federal Reserve’s policy to expand the M1 money supply? The following chart  from the St. Louis Federal Reserve shows how fast the money supply has exploded under the Obama administration:

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Get Ready to Pay for the Federal Reserve’s Mistakes

The following article from the Wall Street Journal outlines a serious threat to the stability of our economy that cannot be avoided. The Federal Reserve’s policies have kept our economy and stock market artificially stimulated with POMO and low interest … Continue reading

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Another Brick in the Wall

The European Central Bank (ECB) has announced the possibility of an increase in their interest rate in April. This action is being taken preemptively to slow their rate of inflation. What are the consequences in the United States:  The Euro … Continue reading

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Ben Bernanke Is Paid to Deceive the Marketplace and the People

http://www.youtube.com/watch?v=QgCVdQ-5sIU”>httpv://www.youtube.com/watch?v=QgCVdQ-5sIU

Congressman Ron Paul discusses the hearings this week with Federal Reserve Chairman Ben Bernanke in the following video. The title of this post and the following quote are both taken from the video: “Bernanke is incapable of telling the truth … Continue reading

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