The following chart prepared recently by JPMorgan demonstrates something rather scary, and makes it all too clear how the Chairman’s plan to “assist” the US population via some imaginary “wealth effect” due to QE2, is about to backfire. As…
Ilargi over at Automatic Earth has an excellent article today. Here are some of the high points, but I recommend reading it all. You may think by now that Geithner and Bernanke and Larry Summers and Bob Rubin and…
From the Vail Daily in Colorado: EAGLE, Colorado — A financial manager for wealthy clients will not face felony charges for a hit-and-run because it could jeopardize his job, prosecutors said Thursday. Martin Joel Erzinger, 52, faces two misdemeanor…
Today the financial world was buzzing with excitement because there was one moderately good piece of news for the U.S. economy. U.S. employers added 151,000 jobs during the month of October and the unemployment rate remained unchanged at 9.6%. …
What if the Federal Reserve openly declared war against American companies and no one noticed? It appears that is just what happened yesterday. Just as stunning, the Federal Reserve President openly admitted that Chairman Ben Bernanke committed perjury in…
