Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts
The Federal Reserve: Promises vs Track Record
by Thomas Sowell. Now that the federal government is playing an ever larger role in the economy, a look at Washington’s track record seems to be long overdue. The release of the Federal Reserve Board’s transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much faith should we put in their prophecies ... MOREPeter Schroeder: Yellen Strongly Opposes Audit Of The Fed
Keeping us peons in the dark. Janet Yellen made a lengthy case Tuesday against legislation to “Audit the Fed.” Yellen
argued that legislation offered by Sen. Rand Paul (R-Ky.) would make
the Fed less effective and, as a result, harm the U.S. economy as well. “I
want to be completely clear that I strongly oppose ‘Audit the Fed,’”
she ... MORETyler Durden: Alan Greenspan Is Warning Of A Significant Market Event; Predicts Gold To Go Measurably Higher
"Something big is going to happen." With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic ... MOREJeffrey Rogers Hummel: How The Fed Got Huge
Financial crisis changed the nature of central banking. Before he became chair of the Federal Reserve, Ben Bernanke agreed with the free market economist Milton Friedman that central bank policy played a key role in making the Great Depression the most severe in U.S. history. But the two parted ways on the reason why. And that ... MORECongress Poised To Order Audit Of Federal Reserve
by Stephen Dinan. Rand Paul takes on his dad's cause. After years of being blocked by Democratic leader Harry Reid, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve’s decision-making. Once championed in Congress by former Rep. Ron Paul, the push to force the country’s central ... MOREBill Tatro: Does It Really Matter?
Frick might be better than Frack. Mid-term elections are right around the corner. The Republicans are salivating because they can smell blood in the water and victory in the air. The House will probably stay in the Republican column and the Senate could move there also. Governorships and State Houses seem to be moving also in the ... MORERigged Gold Price Distorts Perception of Economic Reality
by Paul Craig Roberts and Dave Kranzler. The Federal Reserve and its bullion bank agents (JP Morgan, Scotia, and HSBC) have been using naked short-selling to drive down the price of gold since September 2011. The latest containment effort began in mid-July of this year, after gold had moved higher in price from the beginning of June and ... MOREAndrew Napolitano: Beware A Beneficent Government
The president is an ardent progressive. This dastardly philosophy of government was brought into the American mainstream 100 years ago by a Republican, Theodore Roosevelt, and a Democrat, Woodrow Wilson. Its guiding principle is the belief that government — not individuals — is the chief engine of human progress. If that means government ... MOREMatt Welch: Obama's Mourning In America
Presiding over diminished expectations. One of the best ways to survive the grotesque and empty power pageantry of Washington's annual State of the Union extravaganza is by visiting the University of California, Santa Barbara's online archive of past addresses and looking up the speeches that corresponded to where the current POTUS ... MORE
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