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Is America Brainwashed?
Region: PennsylvaniaIs America Brainwashed? I've got to ask because we seem like complete lackeys to the Federal Reserve, from the President on down, to the lowliest citizen roaming the streets. What is up with that! How does the Federal Rese... more
Views: 295Bernanke-speak: The Economy Is Recovering....But Whose?
Region: United StatesThis week there has been much play in the mainstream media and papers across the country regarding Ben Bernanke's statements to a global audience of investment bankers and Federal Reserve affiliates in Wyoming that the "U.... more
Views: 421Chairman Bernanke Psychic? Predicts U.S. Economy Recovering
Region: United StatesIn a meeting held in Wyoming recently (not in a major metropolitan city, mind you, for reasons we can only guess), Federal Reserve Bank Chair Ben Bernanke put quite a creative spin on the U.S. economy and his predictions t... more
Views: 344Geithner's Financial Plan: Much Ado About Nothing
Region: United StatesYesterday Treasury Secretary Timothy Geithner "unveiled" the Obama Administrations new plan for economic recovery. The almost ten pages of the speech given by Mr. Geithner were released shortly thereafter. ... more
Views: 443Federal Reserve initiates worldwide frenzy of interest rate cuts
Region: United StatesFederal Reserve lead a coordinated global interest rate cutting frenzy, Wednesday, slashing the cost of borrowing by 0.5% to 1.5% in order to stimulate spending as the credit crunch bites. The American move was followed b... more
Views: 656Central Banks and Countries in Repair Mode After Wall Street Meltdown
Region: IndiaFederal Reserve and other top Central Banks of world started rescue operations to resuscitate lost market faith resulting from the debacle of US Financial giants, amid renewed fears about how the US economy would weather t... more
Views: 717Wall Street Takes A Nose-Dive on Fed Minutes, Oil Prices
Region: United StatesAccording to news reports, Wall Street took a nose-dive on the Fed's outlook for the rest of 2008. And record crude oil prices hovering near $130 a barrel was not much of a boost either. The big three indexe... more
Views: 952Federal Reserve Says Let's Go Living in the Past
Region: District of Columbia"[The risks here] are modest in comparison to the substantial damage to the economy and economic well-being that potentially would have accompanied Bear's insolvency. It became clear that Bear's involvement in the complex ... more
Views: 984Brave New World, Same Old Story
Region: New York101 years after the original JP Morgan bought out a failing financial company in order to prevent an economy-troubling panic on Wall Street, the scion of JP Morgan arranged a saving buyout of the failing Bear Stearns, Inc.... more
Views: 815The Fed's Free Market Illusion
Region: District of ColumbiaThe very recent Treasury Department and Federal Reserve lender bailouts, interest rate manipulation actions, economic “stimulation” (in the form of giving taxpayers a small rebate of their own money... more
Views: 1006




