Nov. 11, 2008 at 12:39 PM
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loansBy: Ian Welsh Monday November 10, 2008 3:30 pm
What is th...
2 Comments
Oct. 10, 2008 at 1:39 AM
We The People of the United States of America, in order to
preserve, protect, and defend our "more perfect union," must act now!
The chart below represents one day's worth of trading on the Dow J...
3 Comments
Sep. 30, 2008 at 11:26 PM
This is huge.Brad
Sherman (D-CA): The fact is, Larry, if you read the key provisions of
this bill, you would have voted against it. It provides hundreds of
billions of dollars of bailout t...
39 Comments
Sep. 25, 2008 at 1:41 AM
Ignore the details of how we got to this point, for a moment. Let's talk about our situation in simple terms.Background fact 1: "Creative mortgages" which have a high risk of not being paid b...
5 Comments
Sep. 21, 2008 at 1:00 AM
Sec. 8. Review.Decisions by the Secretary pursuant to the
authority of this Act are non-reviewable and committed to agency
discretion, and may not be reviewed by any court of law or any
administ...
2 Comments
Sep. 20, 2008 at 2:02 PM
Feb. 14:U.S. Treasury
Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke both
told the U.S. Senate Banking Committee on Thursday that the U.S. economy
will not fall into recession...
2 Comments
Sep. 17, 2008 at 10:59 PM
Ok, when I first got into reading about economics, I listened to a lot of "inflationistas" - financialsense.com, safehaven.com, Ron Paul, Mike Ruppert... Doomerish people who were stockpiling...
6 Comments
Aug. 5, 2008 at 1:18 PM
Remember when I said that I believed that Asian Central Banks had threatened Paulson regarding Freddie and Fannie?
Here 'ya go from Bloomberg this evening:
"Concerns about the financial he...
1 Comments
Sep. 10, 2007 at 2:05 PM
1) Anniversary of 9/11 on Tuesday.2) Nukes "accidently" flown over several states last week as reason for all fighters and bombers in the US to be grounded on Thursday for review of proce...
1 Comments