the fed
Ben Bernanke’s Hip-Hop Barbecue Will Probably Not Create Jobs
How exciting, soon we will be in the midst of a third round of quantitative easing! Does this mean we should break out the Korbel and celebrate? No, it probably does not, because like most of our economic policies, it will mostly benefit Incorporated Americans and people with lots of investments and will punish Poors [...]
Congress And Ben Bernanke On Who’s In Charge Of Economy: One Two Three Not It!
Whose PROBLEM is this, you might be wondering, as you try desperately to save for your children’s college education, pay off your own student loans, keep up with the mortgage payments on a house worth less than what you owe on it, hope that you do not get sick, and contemplate a retirement age of [...]
Nobody Has Any Money, Least Of All The Government, Because We Are All Fat
Problem: we are all fat, and even those of us who aren’t are being forced to pay for things to accommodate the new, larger comforts required of the overweight, such as bigger toilets in hospitals, and bigger seats in public transportation! Conveying our cars across space requires a billion more gallons of gasoline per year [...]
Newt Gingrich Loves GOLD!
Newt Gingrich has joined his sudden kindred spirit Ron Paul in saying that he believes there should be some kind of exploratory committee “to look at the concept of how do we get back to hard money.” In a discussion Tuesday at a foreign policy forum in South Carolina, Gingrich said as president he would [...]
Federal Reserve Thought Housing Crisis Was Funny in 2006
The transcripts for the Federal Reserve’s 2006 meetings were released this week, and with them comes the news that the people in charge thought that the housing crisis was pretty hilarious at the time, and that the biggest problem facing the economy was inflation. That is to say, that the economy was growing too damn [...]
Kyrgyz Ethnyk Unryst Out Of Contryl
Things are pretty bad when you’re asking the Russians to invade you, right? Well, it seems that things are pretty bad in y-happy Kyrgyzstan right now, with the ethnic riots, and the death, and the flows of refugees to the Uzbek border! And so they’re asking the Russians to, uh, send troops to restore order [...]
Our Federal Government Is Rich… With Irony! Ho Ho
The government will run into trouble with its loans once the Fed raises interest rates and might even lose its new 7-bedroom townhouse in Phoenix. [New York Times] Pedophiles keep molesting children, despite ankle monitor tracking devices things that strongly suggest they consider doing otherwise. [Washington Post] Short-term radiation leak at Three Mile Island this [...]
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