THE FED--are we being Conned????, "regulators"

[Mungo]

In Reply To: macduffy's post @ Apr 30 2012, 11:42 AM

Must have coyones the size of basket balls.

[flower]

In Reply To: macduffy's post @ Apr 30 2012, 11:42 AM

highly critical of the Fed and Bernanke

either completely out of touch with non academic reality or start staring raving mad

[macduffy]

Not being a trained economist - can you train an economist? - I hadn't heard of the Economic Policy Journal nor of Robert Wenzel, until recently.
Here's a link to his recent speech to the New York Federal Reserve Bank, at the Federal Reserve, highly critical of the Fed and Bernanke.

Well worth a read.

http://www.economicpolicyjournal.com/2012/...rk-federal.html

[Dave_vic_ozz]

In Reply To: flower's post @ Apr 26 2012, 10:22 AM

So folks,

What is everyone take on the Fed's talk fest?

D

[flower]

In Reply To: Dave_vic_ozz's post @ Mar 1 2012, 11:04 AM

Helicopter Ben's projections:

http://www.federalreserve.gov/newsevents/p...y/20120425b.htm

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During the following Q and A session:

"We remain entirely prepared to take further balance sheet action if necessary… those tools remain entirely on the table…"

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And the penny still didn't drop on the sound dead market!!!

[Dave_vic_ozz]

This

http://www.nytimes.com/2012/03/01/business...or-economy.html

Federal Reserve Chairman Sees Modest Growth

then this

http://www.theage.com.au/business/world-bu...0301-1u41t.html

Bernanke tips cold water on US recovery hopes

Cup half full or half empty?

[Dave_vic_ozz]

In Reply To: flower's post @ Feb 8 2012, 11:04 PM

Try this link

http://www.bloomberg.com/news/2012-02-08/b...rve-policy.html

[flower]

Helicopter Ben, a different view--mind you the veracity of this piece depends on the ACTUAL US inflation figure.
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The numbers are proving Federal Reserve Chairman Ben S. Bernanke’s critics wrong.

More than a year after Republicans from House Speaker John Boehner of Ohio to presidential candidate Ron Paul of Texas warned that the Fed’s second round of asset purchases risked a sharp acceleration in prices, the surge has failed to materialize. The personal-consumption-expenditures price index rose 2.4 percent for the 12 months ending in December, near the central bank’s 2 percent target.

http://www.bloomberg.com/news/2012-02-08/b...rve-policy.html

[Dave_vic_ozz]

..

[hoaky]

In Reply To: flower's post @ Jan 9 2012, 11:03 PM

Interesting article flower, I think this is a working link to it, yours, for a change, doesn’t work

Unfortunately, in October 1953, Harold Medina, the presiding federal judge in the case, threw the antitrust lawsuit out of court. In an extraordinary 417-page ruling -- a must-read for anyone interested in the history of Wall Street -- Medina decided that the government’s case rested solely on “circumstantial evidence” and that the banks didn’t violate antitrust laws.

The remaining banks have increased their hold over the marketplace and continue to collude when it comes to pricing their services.
http://www.bloomberg.com/news/2012-01-09/c...o-a-cartel.html

repeat and rinse.
From memory the teddy bear broke up Standard Oil with anti trust laws, never again said Rockefeller, that’s when foundations became popular,;
..International Rescue…Thunderbirds are Go!

those companies are as crooked as Owen Wilson's nose

or as crooked as a shepherds crook
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