Jul 29 2011
No debt ceiling for the Federal Reserve and too big to fail banks – The double standard of American banking and opaque Federal Reserve policy.
While the American public is staring at a government that is more like an improv act in Chicago, the banking system continues to hide toxic assets from the view of the public. An odd economic dance is taking place.  While the public is being beaten over the head about spending within its limits we have […]
May 18 2010
5 ways that Wall Street and the U.S. Government punish the American saver – Artificial low interest rates, understating inflation, pushing people into the stock market casino, and destroying yield on traditional safe investment vehicles.
The only savers in the U.S. seem to be the investment banks. Four of the big banks on Wall Street turned out a perfect quarter as they have managed to leverage the zero percent funds from the Federal Reserve into government securities. At the same time, middle class Americans would be lucky to get 0.1 […]