Related Blog Posts
Taxpayer Burden Eases to $8.2 Trillion as Obama Supplants Fed
18 hours ago ago from Finance time
Congress and the Obama administration are taking a bigger role in the rescue of the economy from the Federal Reserve, shifting the strategy to stimulus spending from central bank lending. The amount the Fed and U.S. agencies have lent, spent or guaranteed has fallen 15 percent since September to $8.2 trillion, the lowest in a year, based on data compiled by Bloomberg. Spending on infrastructure, tax breaks and other fiscal measures ...
Related contentBen Bernanke :: Time Magazine Person Of The Year 2009
3 hours ago ago from White Rabbit Cult
f Visit The White Rabbit Cult POLITICAL FORUM! Now You Can Have Your Say Home White Rabbit Cult Television WRC Games WRC Site News WRC Store Current Events News Odd Ball Political Images Politics White Rabbit Cult World Events Ben Bernanke :: Time Magazine Person Of The Year 2009 Written by White Rabbit No Comments Last Updated: December 26, 2009 ...
Related contentThe Federal Reserve Interest Rate Cut: Too Little, Too Late?
4 hours ago ago from ROLEX WATCH PRICING
The Federal Reserve cut interest rates on Dec. 11th on hopes that the credit crisis would be tempered from 4. 5. Markets were on the upswing up until the cut was announced because many investors were under the impression that the central bank, under pressure from all sectors of the economy espicially real estate, would deliver a heftier half-point cut, which would have made it significantly less difficult for banks to borrow money from the ...
Related contentThe Night Before Christmas: Wall Street Version
13 hours ago ago from Stocks on Wall Street
The Committee was meeting and all through the Fed Danced visions of Lehman and Fannie and Fred Their failures created a huge credit crisis Infecting all bonds with a terminal virus Investors sold everything, markets went bust; Bondholders did, too; no one knew who to trust. Most business slashed payrolls, production and spending; They couldn’t get credit, no bankers were lending. The Fed offered loans of ...
Related contentShould Ben Bernanke Be Reconfirmed?
23 hours ago ago from Interregnum Design.com
Simon Johnson, Peter Boone, The Baseline Scenario -- Dec 24, 2009 Simon Johnson, former chief economist of the International Monetary Fund, is a professor at the MIT Sloan School of Management, a senior fellow at the Peterson Institute for International Economics, and a member of the CBO’s Panel of Economic Advisers. Peter Boone is chair of Effective Intervention, a UK-based charity, an associate at the Centre for Economic Performance, ...
Related contentRelated News
At Tiny Rates, Saving Money Costs Investors
7 hours ago ago from The New York Times
Millions of Americans are paying a high price for a safe place to put their money: extremely low interest rates on savings accounts and certificates of deposit. Michael Stravato for The New York Times Joe Parks, a retired accountant in Houston who sits on the volunteer advisory board of Better Investing, said that with low interest rates and fees, retirees and the elderly could take anywhere from a half to three-quarters of a ...
Related contentRelated Videos
Nothing to see... move along.
