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From the category archives:

federal reserve

Feel The Change

April 16, 2011

I'm going to be out of town until the end of next week, and my opportunities to blog will be limited. I'll try to post something if possible, but no guarantees. I thought I'd leave you with this e-mail I received yesterday from a friend. It compares how things are now to how they were [...]

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New Year Looking Up Already

December 31, 2010

I'm optimistic about the coming year in poltiics, if for no other reason than….how much worse can things get ??? The last two-three years have been a disaster. To start your year off right, I'll point out the good news. Pelosi Galore will no longer be the Speaker Of The House. She will no longer [...]

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Fed Study – Stimulus Spending Created No Jobs

December 12, 2010

I have argued repeatedly that the problem with President Obama's 2009 stimulus package (ARRA) was that it borrowed $814 billion to create a bunch of temporary jobs. When those temp jobs ended, America would be left with no net job creation, along with a huge bill for the taxpayers, making Obama's stimulus a huge negative [...]

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Quantitative Easing Explained

November 15, 2010

I provide the following video as a public service announcement. Here is everything you need to know about the Federal Reserve and it's new policy of providing $600 billion in quantitative easing: Classic. Any questions ? I don't have much to add, other than……it's sure good to be Goldman Sachs. Nice work if you can [...]

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Fed Chair Responds To Economic Woes

August 27, 2010

As Recovery Bummer draws to a close, we face more bad news. From The Associated Press: The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods. The nation's gross domestic product — the [...]

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It's All Bush's Fault ???

January 25, 2010

Every time I hear President Obama or any other Democrat blame George W. Bush for the recession, it makes my head want to explode. It is so dishonest that words can barely describe it. Yes, Bush was the President when it happened, but Bush didn't put the policies in place that made it happen. For [...]

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