AUGUST 11, 2010 The High Costs of Very Low Interest Rates Money that should be invested to create jobs is instead funding government debt, while worried consumers sit on the sidelines. By JOHN C. MICHAELSON The prevailing view among economists, policy makers and Federal Reserve Board governors is that a zero or near-zero short-term interest […]
CAN WE AFFORD TO KEEP INTEREST RATES LOW? Read More »
The Liberal Dilemma http://online.wsj.com/video/the-liberal-dilemma/D833C636-3F1F-4BC4-B1D4-C77554DC4A11.html
VIDEO – WSJ OPINION JOURNAL LIVE Read More »
North Carolina Federation of Republican Women – Legislative Report Brenda T. Formo nc.eagle.eye@live.com July 16, 2010 More Big-Government Control Dodd-Frank Wall Street Reform and Consumer Protection Act (over 2000 pages) Thursday, July 15 the Senate voted 60 to 39 to pass the Dodd-Frank Act. The Democrats needed three Republican votes to get the 60 votes
DODD-FRANK FINANCIAL REFORM – MORE BIG GOVERNMENT CONTROL Read More »
JULY 16, 2010 The Yo-Yo Market and You The stock market will suffer dizzy spells until the fog of monetary policy uncertainty is lifted. By ANDY KESSLER Bull markets, it is said, climb a wall of worry. Smart investors buy in early when worries about profits or inflation or wars scare away the faint of
MAKING SENSE OUT OF A VOLATILE MARKET Read More »
JULY 13, 2010 FDR, Obama and ‘Confidence’ Demonizing business deepened the Great Depression. The White House can learn from Roosevelt’s mistakes. By AMITY SHLAES What is confidence and why is it missing? The concept seems to be driving Treasury Secretary Timothy Geithner crazy this summer. You can hear that when you listen to him talk
FDR – HARD LESSONS FROM THE PAST Read More »
JULY 6, 2010 Hard Knocks From Easy Money The Federal Reserve is feeding big government and harming middle-class savers. By GEORGE MELLOAN A Federal Reserve fully attuned to the easy money demands of the Democrats and megabanks clearly has no plan to lift interest rates from their near-zero level. The rationale is: “Why should we?
THE FEDERAL RESERVE IS FEEDING BIG GOVERNMENT AND HARMING MIDDLE-CLASS SAVERS Read More »
JUNE 18, 2010 U.S. Debt and the Greece Analogy Don’t be fooled by today’s low interest rates. The government could very quickly discover the limits of its borrowing capacity. By ALAN GREENSPAN An urgency to rein in budget deficits seems to be gaining some traction among American lawmakers. If so, it is none too soon.
ALAN GREENSPAN – CONSEQUENCES OF UNLIMITED GOVERNMENT BORROWING Read More »
MAY 28, 2010 The Fed and the May 6 ‘Flash Crash’ By MARK SPITZNAGEL Regulators have been busy searching for the cause of the May 6 “flash crash” when the market dropped by 9.3% and then recovered within minutes. I think it’s a good bet no cause will be found; there is still no consensus
The Fed’s Low Interest Rates Make Toxic Look Cheap Read More »
