FedUpUSA

More QE? Look At Facts, Not Claims

  For those who are history-challenged. But wait….. Bernanke has said that the point of QE is to lower long-term interest rates! So what has it actually done? It’s raised them. And what hasn’t it done? Broken the back of deflationary pressures. That…

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Oh Look, Handcuffs!

  I saw these! Abacus Federal Savings Bank, a small bank with a major presence in New York City’s Chinese community, and 19 of its former employees have been charged with inflating the qualifications of mortgage applicants to meet federal…

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