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Where was the Fed last year? Same place Obama was this yearwith their hands in their pockets doing nothing.
20 hours ago ago from If Liz were Queen | Heads would roll and the people would have more to eat than table scraps tossed to them by the rich!
December 07, 2009 By: admin Category: BANKS , Bailout , Wall Street The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few. What the American people did not bargain for was another four years for one of the key architects of the Bush economy. Fed Chairman Ben Bernanke, in charge of the central bank since ...
Related contentWar on Prudence
6 hours ago ago from Prophet Without Profit
Dear Prudence, won't you come out to play Dear Prudence, greet the brand new day “ Dear Prudence ” The Beatles Lately, “ prudence ” is a virtue which has been in short supply. Prudence is defined as “care, caution, and good judgment, as well as wisdom in looking ahead….” This virtue has fallen into such disrepute that the American political and financial establishment have undertaken a war on prudence. Closely allied to ...
Related contentJournal: Senator Chris Dodd the New Phil Gramm?
1 hour, 33 minutes ago ago from Public Intelligence Blog
Of, By, and For Wall Street Phi Beta Iota: It was Senator Phil Gramm (R-TX) that screwed the American public by inserting 200 pages of lobbyist language into a bill five minutes before passage, with no objection from any other Senator The insertion completely deregulated the financial industry and led directly to the meltdown of the American economy. Senator Chris Dodd (D-CT) is now the leader of banking legislation, and ...
Related contentLending Squeeze Drags On (The Wall Street Journal)
8 hours ago ago from Financial Aid News
"Consumer lending shrank 1.7% in October, the ninth consecutive drop, extending the dramatic decline of financing available to help fuel the U.S. economy," The Wall Street Journal reports. "Federal Reserve Chairman Ben Bernanke emphasized Monday that the economy is unlikely to experience a 'vigorous' recovery."
Related contentCredit Raters Take Positive Action On American Axle - Wall Street Journal
6 hours ago ago from Motor Performance
Credit Raters Take Positive Action On American Axle Wall Street Journal Two ratings agencies took positive action on American Axle & Manufacturing Holdings Inc.'s (AXL) deep junk-level ratings, both citing the auto- parts maker's ... and more
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