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Excess Reserves

Dan Froomkin

Corporate America Hoards Cash To Spite Obama, Business Group Says

HuffingtonPost.com | Dan Froomkin | Posted 07.12.2012 | Business
Read More: Jobs, Banks, Video, Cash Hoarding, Unemployment, Excess Reserves, Corporations, Economy, Business News

WASHINGTON -- The job market is stagnant and the GOP has the federal government tied up in knots, so the country's short-term economic future is in th...

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Dan Froomkin

Hey Corporate America: Looking For A Solution To The Jobs Crisis? You're Sitting On It

HuffingtonPost.com | Dan Froomkin | Posted 12.07.2011 | Business
Read More: Political Economy Research Institute, Hoarding Cash, Unemployment, Excess Reserves, Robert Pollin, Job Creation, Business News

WASHINGTON -- Corporate America is sitting right on top of the solution to the nation's employment crisis, according to a new report from a group of U...

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Why QE2 Failed: The Money All Went Overseas

Ellen Brown | Posted 09.10.2011 | Business
Read More: Ben Bernanke Federal Reserve, Credit Crisis, State-Owned Banks, Federal Budget Deficit, Excess Reserves, Bank of North Dakota, Qe2, The Fed, Quantitative Easing, Business News
Ellen Brown

The Fed's second round of "quantitative easing" involved $600 billion for the purchase of long-term government bonds. But the government never actually got the money; it went straight into the reserve accounts of foreign banks.

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Dan Froomkin

Job Creation Idea No. 9: Encourage Banks To Lend -- Or Else

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Business
Read More: Robert Pollin, America Needs Jobs, Bob Pollin, 20 Jobs Ideas, Banks, Excess Reserves, Business News

(No. 9 in Huffington Post's America Needs Jobs series.) This jobless "recovery" we are in right now is no accident. That's because corporate fat cat...

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