Tag Archives: federal reserve
When Hell Froze Over
“By the pricking of my thumbs, something wicked this way comes.” – William Shakespeare, Macbeth On Tuesday, presidential candidate Rick Perry said further money printing between now and the election by Federal Reserve Chairman Ben Bernanke “…is almost treasonous.” Immediately, … Continue reading
On Driving the Economy into a Brick Wall
Last Friday the University of Michigan reported a consumer sentiment measurement of 54.9 for August…down from 63.7 in July. It has been quite a while since consumers have been so in the dumps. In fact, consumer disposition has not been … Continue reading
Making Obese Debt Levels Possible
Make no bones about it…this economy sucks eggs. Just ask anyone who’s looking for a job and they’ll tell you, ‘no one’s hiring.’ Despite official decree from the National Bureau of Economic Research that the Great Recession ended in June … Continue reading
Doomed from the Get Go
According to the National Bureau of Economic Research the Great Recession ended in June 2009. That means the U.S. economy has been in recovery for over two years. Perhaps, semantically, this is so. But just what type of recovery is … Continue reading
