Tag Archives: federal reserve
Faux Capitalism and the Great Middle Class Debt Anchor
Economies, like ocean tides, rise and fall. So, too, they fall and rise. Sometimes a rising tide floats up all boats…even those captained by freeloaders. Other times a falling tide pulls down vessels crewed by even the most industrious deckhands. … Continue reading
The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading
Stimulus and Spasmodic Economics
Nerves are fried. Hands are shaky. Triggers fingers are happy. “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help. The DOW’s fallen 1,258 from its May 1 … Continue reading
The Fate of Markets
How quickly things change. Several weeks ago stock market investors were riding high. On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading
