Archive for the Federal Reserve Category


Yellen Answers Question on Fed’s Credibility at March FOMC Press Conference

At the FOMC press conference on March 17th, Steve Liesman (not a bad name for a member of the mainstream media btw) of CNBC asked Federal Reserve Chair and Head of the FOMC (Federal Open Market Committee): So Yellen then begins to answer, “Well, let me start, let me start with the question of the […]

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Since the Fed Rate Rise Things Are Already Getting Dicey

Since the Federal Reserve rate increase (as modest as it was) the economy has been getting more tenuous. I posted a warning about this just before Christmas. Just today Walmart announced it will close 269 stores in 2016 impacting 16,000 workers (10,000 in the U.S.). Despite the hype Obama pushed at his State of the […]

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The Fed Interest Rate Hike- Danger Ahead?

Ok, the Fed after a decade of manipulating interest rates to absurdly low levels (like 0%) finally bumped them up a quarter point. I’ve read some of the follow-up from the “experts” but quite frankly most of them are the standard stuff that doesn’t really reveal details the public should know about the Fed and […]

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Congress Funds Government with More Funny Money- Pt 2

As noted and not really fleshed out by the media or ballyhooed, Congress was supplied with more “funny money” (fiat money from the Federal Reserve created out of nothing) from the Federal Reserve to the tune of $1.1 Trillion. Very few paid attention to this move and simply passed it off as what should happen […]

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Congress Funds Government with More Funny Money- Banks Get Free Bailout Pass in Return

If you don’t get it by now, this should help solidify who is really running the show in our nation. While Congress passed a $1.1 Trillion spending bill to keep itself running Congress included a provision that does nothing more than give a free pass to further bail-outs of the “too big to fails” in […]

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Some Final Thoughts on the Guns and Ammo Article- Part 3

Just a few random thoughts about the Guns and Ammo article and the response of the subscribers to the article. While I fully applaud and appreciate their response and pray for more of the same from informed citizens, it is only one issue. While it is an important issue and can reach far, it is […]

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Janet Yellen Takes the Reigns at the Federal Reserve- Expect No Change and More of the Same

As expected (by me anyway)  Janet Yellen’s, a member of the Council on Foreign Relations (CFR) along with all of the “too big to fail banks” and Tim Geithner, appointment changes absolutely nothing in the Federal Reserve’s direction. Yellen made it quite clear at her first press conference stating that she expects “a great deal […]

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The Federal Reserve’s 100th Birthday is Not a Cause for Celebration! Part 3

So, just what have we gotten from the advent of the Federal Reserve? Well, let’s hear from some who should know. Noting the similarities as Congress neared a vote, they called an Ohio attorney named, Alfred Crozier to testify. Crosier noted the similarities between the Aldrich Bill and the Glass-Owen Bill but also made some […]

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The Federal Reserve’s 100th Birthday Not a Cause for Celebration! Part 2

Now, let’s continue with the NPR Christmas tale on the Fed’s 100th anniversary. When we last left off, JP Morgan had rescued America from the panic of 1907. The yarn continues: Goldstein: One very powerful guy in particular decides this is a problem – Senator Nelson Aldrich, Republican from Rhode Island. Aldrich knows there’s something […]

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The Federal Reserve’s 100th Birthday is Not a Cause for Celebration! Part 1

The following description of the Federal Reserve was excerpted from a dialogue presented on 12/23/13 on National Public Radio’s Morning Edition by Robert Smith, Jacob Goldstein and Liaquat Ahamed with David Greene as host.  Some of this story has been condensed to preserve space, but not altered. This is an example of how the media […]

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Fed Running Out of Options. Now Calling for More Debt Based Inflation

When an economy is based on debt like every central banking based financial system on the planet, it has been shown to eventually fail. This is a historical precedent, not a prediction. It is not a statement of prejudice towards central banking and fiat currencies, it is a historical reality that has happened to every […]

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Is the Federal Reserve Really Federal or is it Privately Held?

Every citizen should be asking that question. After all, the Federal Reserve controls the overall rate of borrowing money. They also control the issuance of currency (not money, there is a difference) and thereby the velocity and quantity of money in circulation. That has a direct impact upon the costs of our goods and the […]

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Bernanke Tapering Continuation- Admission by Fed That the U.S. Economy Is Still in Trouble.

If the economy were really doing well, as the media would have us believe, then why continue to buy $85 Billion of debt? The very obvious answer- it ain’t! Ron Paul, was interviewed recently on the issue and made this abundantly clear. He is such a breath of fresh air among an atmosphere of complete […]

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Globablist CFR Larry Summers is on the Fed Short List – It Obviously Ain’t Cause He Needs the Job or Money

hile most Americans struggle to make ends meet, some are doing just fine. Of course, having the right connections to the money powers that be doesn’t hurt either. Larry Summers is on the short list for the position expected to open up in January for the Federal Reserve. He’s already had some help from his […]

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Janet Yellen- A Leading Contender to Replace Bernanke as Fed Head. Just Keeping It All in the Family. Business as Usual

ith Federal Reserve Chairman Ben Bernanke expected to leave the central bank when his term expires early next year, Vice Chairwoman Janet Yellen has emerged as a top contender for the job. An economist and former president of the San Francisco Fed, Yellen speaks often about monetary policy and the economy. Read full article here:  […]

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