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Fed Tries to Unclog Credit Markets With $900 Billion
" The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort to break through a dangerous credit clog that threatens the economy and has unhinged financial markets around the globe. The Fed's action is aimed at spurring...
Fed to Ask 'Mrs Jeeves' About Tax Evasion
She has charged a lot on her carrier and has never paid her taxes. Now the FED is asking her to pay the bill over the income she earned as prostitute in 2003. Maybe she can escape from that taxes saying she was... Marc Faber see the Fed as a drug dealer! « Peter J. Cooper’s Weblog
"In this recent CNBC broadcast forecasting legend Dr Marc Faber put the spotlight on the Federal Reserve as the cause of the global financial crisis and accused it of behaving like a drug dealer in making liquidity available." McCain speaks out against government bailouts
Republican presidential candidate John McCain spoke out against the mass government bailouts being given to crumbling financial sector companies, in a speech given Friday, at a Republican rally in Minnesota.McCain... Fed takes heat on AIG from both sides of Congress
The US Federal Reserve took some bashing today from members of Congress who criticized the loan given to AIG yesterday."In what may be a foreshadowing of the sort of questions Fed Chairman Ben Bernanke can expect when he testifies before congressional committees next week,... 11 US banks having collapsed since January
11 US banks having collapsed since January Foreign Exchange Currency Outlook : The Fed left rates on hold yesterday, on a unanimous vote, evidently thinking that “targeted emergency loans” are a more refined and direct way to deal with the credit crisis than a wholesale... Fed leaves rate unchanged despite market strains
Despite earlier predictions that rates would be cut, the U.S. Federal Reserve has announced that its key interest rate will remain unchanged."The central bank said Tuesday it was keeping its target for the federal funds rate, the interest that banks charge on overnight loans,... The Fed is the problem, not the solution
Does our government and our representatives have the morality and the courage to do this and save the US economy and its citizens?These issues should be on both parties platforms, but...."An agenda of deeper reforms can boost public confidence even as it undoes a lot of the... Inflation/Deflation
The dilemma the fed and all of us are facing in America and now affecting most of the world is we are in an inflation/deflation period. The loose credit markets in the 90’s, the internet boom and then the... More Liquidity Leads to Falling Dollar and Rising Oil Prices
What's wrong with our economy? Well, in historical terms, not really all that much. But we do have some problems. The most pressing concern right now is that the dollar's value is falling in comparison to other countries' currencies. Why? All I know is that it doesn't help... Bush Optimistic About Economy; Fed Chairman Sees 'Difficulties'
I think Mr. Bush should listen to chairman of the Federal Reserve. US govt should consider this problem into account."U.S. President George Bush is urging lawmakers to act quickly on legislation to financially... Shot kills the dream of aid worker Darren Stratti
A Sydney charity worker who folllowed his dream to build a village where impoverished African orphans could be fed, educated and given healthcare has been shot dead by robbers. Terrible loss to his family . "... Gold, silver bounce back after meaningless Fed statement « Peter J. Cooper...
" Remarks by the Fed that the economy showed some signs of improvements brought the only ripple of controversy with commentators immediately pointing to job cuts, gas price rises and food inflation as making this highly doubtful. "Parenting Subcontractors
" Catherine Castrence is not a morning person. So between getting her daughters dressed and fed breakfast, letting the dog out and giving an insulin shot to the family's diabetic cat, the Reston, Va., working mother...Girls get more boost from breast-feeding than boys
" WASHINGTON - Breast-feeding gives all infants numerous health advantages compared to baby formula, but in at least one respect girls get a greater benefit from breast milk than boys, researchers said on...
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