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The Impeachment of George W. Bush

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Tag: The Fed


AP/J. Scott Applewhite

The People Win as Lawrence Summers Trades Power For Wealth

Poor Lawrence Summers, he doesn’t get to be chairman of the Federal Reserve, aka the czar of the world’s economic order.

Posted on Sep 16, 2013 READ MORE


Lawrence Summers Will Not Chair the Federal Reserve

Over the screaming objections of members of his own party, President Obama seemed determined to appoint Wall Street groupie Lawrence Summers to head the most important bank in the country. On Sunday, Summers “reluctantly” withdrew his name from consideration for the post.

Posted on Sep 15, 2013 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Gay Marriage: Why the Supreme Court Might Disappoint Conventional Thinking

Last week on Truthdig Radio in association with KPFK: The stock market plunges, Afghan author Qais Akbar Omar reacts to the news that direct talks between the United States and the Taliban have already broken down, Texas wages a war on high school kids and the Supreme Court threatens the happiness of gays everywhere.

Posted on Jun 24, 2013 READ MORE


Gay Marriage: Why the Supreme Court Might Disappoint Conventional Thinking

Last week on Truthdig Radio in association with KPFK: The stock market plunges, Afghan author Qais Akbar Omar reacts to the news that direct talks between the United States and the Taliban have already broken down, Texas wages a war on high school kids and the Supreme Court threatens the happiness of gays everywhere.

Posted on Jun 24, 2013 READ MORE



Photo by Gage Skidmore

Ron Paul’s Effort to Audit the Fed Passes House

It’s not quite ending the U.S. central bank, as Ron Paul is fond of saying he would like to do, but the Texas GOP congressman did get a bill passed through the House on Wednesday to audit the Federal Reserve.

Posted on Jul 25, 2012 READ MORE



woodleywonderworks (CC-BY)

Halfway Through the Lost Decade

Does anyone care that the economy is floundering and that we are not getting out of this crisis anytime soon?

Posted on Apr 25, 2012 READ MORE



Wikimedia Commons / Dan Smith (CC-BY-SA)

Secret Fed Loans Gave Banks Big Profits During Bailout

Here we have some news that Ohio Sen. Sherrod Brown believes “can unite the tea party and Occupy Wall Street.” Sound implausible? Well, Bloomberg News’ parent company went to court to access 29,000 pages of documents from the Federal Reserve, from which the outlet gleaned ... (more)

Posted on Nov 29, 2011 READ MORE



Flickr / clementine gallot (CC-BY)

Fed Changes Growth, Employment Forecast for the Worse

Back in June, the Federal Reserve predicted a sunnier economic future for the U.S. than it did Wednesday, when the Fed released revised figures for both growth (it’ll happen more slowly) and unemployment (it’ll continue to hover around 9 percent) through 2012. But the news wasn’t all gloomy.

Posted on Nov 2, 2011 READ MORE


The Fed Makes a Show of Transparency

When you sit back and ponder all the ways in which our government’s functionality might be improved, you immediately seize upon the notion that if Fed Chairman Ben Bernanke held news conferences, we’d be that much closer to a true democracy, right?

Posted on Apr 27, 2011 READ MORE



AP / Reed Saxon

Bernanke Makes Mildly Encouraging Noises About Economy

Is the recession over? Will there be another? Much like the famous groundhog from Punxsutawney, Federal Reserve chief Ben Bernanke showed up to offer an eagerly awaited sign—in this case to economists gathered Friday at Jackson Hole, Wyo., and to the world at large ... (continued)

Posted on Aug 27, 2010 READ MORE



Flickr / eflon

Bernanke Offers Fed’s AIG Records to Gov’t Watchdogs

The Fed has nothing to hide about its dealings with AIG when it saved the too-big-to-fail insurance behemoth during the great bailout of 2008-9—or at least Federal Reserve Chairman Ben Bernanke has signaled his full willingness to make the central bank’s relevant “records and personnel” available to investigators from the Government Accountability Office.

Posted on Jan 19, 2010 READ MORE


Colbert

‘Colbert Report’: Fed’s Dead

Do Americans really need to know how sausage gets made over at the Federal Reserve? As Stephen Colbert points out, there may be a little pig rectum in the mix, but as long as the Fed’s minions are allowed to perform their secret rituals, which may or may not involve ritual chicken slaughter, we all profit in the end, no?

Posted on Dec 9, 2009 READ MORE


Cash for Clunkers
Flickr / billaday

U.S. Economy Showing Signs of Life

A report released by the Federal Reserve on Wednesday gave some indications that, for half of the districts tracked by the Fed and for certain markets, the American economy is slowly starting to revive from its near-death experience last fall.

Posted on Sep 9, 2009 READ MORE


Inflation at 17-Year High

Stagflation: It’s always sounded like a dirty word, and is hopelessly tied to retro jokes about the ‘70s. But with GDP growth already, well, stagnant, the Labor Department announced Thursday that July saw the highest rate of inflation in 17 years, meaning you can now appropriately drop the word into water cooler convo without seeming like a potty-mouth or a retro hipster. On the downside, you are now paying 5.6 percent more for things than you did at this time last year.

Posted on Aug 14, 2008 READ MORE


Greenspan
France 24

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy—not to mention the bigger picture—aren’t going to hear it from former Fed chair Alan Greenspan anytime soon, judging by his ominous forecast released Monday.

Posted on Mar 17, 2008 READ MORE


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