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The Fed

Here Comes Hyperinflation

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

Arthur Laffer joins the chorus of economists predicting that the Fed's massive stimulus will eventually lead to hyper-inflation. And I agree.

Federal Stimulus Cash Flows Into City Coffers

New York Post | GEOFF EARLE | Posted 05.25.2011 | Home

The feds are spending more than $1.3 billion of stimulus cash on city projects -- more than half of the $2.5 billion already flowing to the state, an ...

Open Letter to Secretary of the Treasury Timothy F. Geithner

Michael de Portu | Posted 05.25.2011 | Business
Michael de Portu

Instead of soliciting Wall Street's views to inform your decisions, you might constitute your team of number crunchers, researchers and analysts to find out all the facts.

How Bernanke Has Reinvented The Federal Reserve

Washington Post | Neil Irwin | Posted 05.25.2011 | Business

This chairman set out to lead as a civil servant rather than a celebrity economist. Facing a thundering financial collapse, he has reinvented the Fede...

Why Obama Was Smart to Come Out Strongly Against the AIG Bonuses

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

The Republicans were going to grab onto the populist anti-bank feelings in the country to position themselves as the party of the people, with the Democrats being cast as the party of the bankers.

Momonomics 102: The Wile-E Coyote Bailout

Robyn O'Brien | Posted 05.25.2011 | Business
Robyn O'Brien

How does that impact a family in Houston or a farmer in Iowa? It means that it is going to become harder to borrow money since the banks don't want to make loans.

A Turning Point: But Where Are Our Legislators?

Saskia Sassen | Posted 05.25.2011 | Politics
Saskia Sassen

The Fed has now committed to such a vast amount of debt in return for what are most probably dodgy securities, that is has become a source of national insecurity.

The Education of Alan Greenspan

Donald Cohen | Posted 05.25.2011 | Business
Donald Cohen

Progressives have plenty to do to undue the damage and fully untangle America from the sway of the free-market faithful.

The Debt vs. Interest Rate Conundrum

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

It now takes about 10 cents on every tax dollar collected just to pay the interest on the debt. As bad as that is, it's only because interest rates are at record lows that the debt is still manageable.

Porky the Bailout Bill

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

Currently, about ten cents on every tax dollar goes to paying just the interest on the national debt. Interest on the debt alone will grow to 12.4% of our entire GDP by 2050.

Paulson says "Just Trust Me"

Neil Grossman | Posted 05.25.2011 | Business
Neil Grossman

Neither the Treasury nor the Federal Reserve has done a good job handling the economy, the financial system, regulation. If most of us had their track record, we wouldn't be taken seriously.

Survive Recession

Grant Cardone | Posted 05.25.2011 | Business
Grant Cardone

No matter how much cash the business or individual has, sooner or later you have to get your products and services funded by others through selling or you will burn through your cash

Fed Sees Economic Woes Spilling Into 2009

New York Times | Stephen Labaton | Posted 05.25.2011 | Business

Federal policy makers have concluded that the turmoil plaguing the housing and financial markets is likely to spill deep into 2009, becoming one of th...

Fed Interest Rate Holds Steady For Now

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — With inflation moving higher on its worry list, the Federal Reserve held interest rates steady Wednesday, ending nearly a year of c...

Fed Expected To Cut Rates By Quarter-Point

Financial Times | Krishna Guha | Posted 05.25.2011 | Business

The "tail risk" of a deep and protracted recession in the US has not diminished much in recent weeks in spite of the rally in the stock market and imp...

Bernanke Says Recession Possible

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches...

Paulson: Govt Will Act to Aid Markets

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Bush administration will "do what it takes" to stabilize chaotic markets and minimize the economic damage, Treasury Secretary H...

Fed Looks Poised To Lower Interest Rates Again At Tuesday Meeting

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

What a difference in economic conditions since the Federal Reserve last met in October. Credit has become harder to obtain, Wall Street has convulsed ...