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Tagged: federal reserve

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2012 Elections / Elections / Mitt Romney / Politics / The Economy / The Mitt Romnathon

Introducing The Romnathon, Now At Mile 22 – Romney’s Honesty Rate For October, At 7.9%, Matches October’s Unemployment Rate

      Introducing . . . The ROMNATHON ROMNATHON is a series that will run (no pun intended) from Friday, November 2nd through election day next Tuesday ( and beyond if election results are inconclusive, controversial,...

Friday’s Unemployment Data & Three Levels Of RomneyConomic Bunkum 0

2012 Elections / Mitt Romney / The Economy

Friday’s Unemployment Data & Three Levels Of RomneyConomic Bunkum

“This is not what a real recovery looks like,” [Romney] said in a statement. “We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000...

Today’s Federal Reserve Foreign Currency Swap Announcement: Worth The 491 Point DOW Surge? 0

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Today’s Federal Reserve Foreign Currency Swap Announcement: Worth The 491 Point DOW Surge?

 “I’ll gladly pay you Tuesday for a hamburger today” – J. Wellington Wimpy (1932)    Today witnessed what is likely to be viewed in later days as a bout of “irrational exuberance,” primarily due to...

For Those Who Wonder Why Wall Street Remains Occupied Territory 0

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For Those Who Wonder Why Wall Street Remains Occupied Territory

Ed. – – And some people wonder why Wall Street remains occupied territory.  ProPublica published the following story to explain why.  It’s a “where are they now” that trumps even the astonishing Brady Bunch: Where...

GOP Congressional Leadership Letter To Ben Bernanke, As Subtle As A Baby Ruth In A Federal Reserve Crystal Punch Bowl. 0

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GOP Congressional Leadership Letter To Ben Bernanke, As Subtle As A Baby Ruth In A Federal Reserve Crystal Punch Bowl.

Why did the GOP congressional leadership send a snail-mail missive to Federal Reserve Chairman Ben Bernanke?  Haven’t they gotten the news about “e-mail”?  Do they need pen pals that badly?  Do they need a...

More Economic Pain On The Way For States and Local Communities, Courtesy Of The U.S. Congress. 0

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More Economic Pain On The Way For States and Local Communities, Courtesy Of The U.S. Congress.

Tipping point? “The fiscal problems of state and local governments have also had national implications, as their spending cuts and tax increases have been a headwind on the economic recovery.” Federal Reserve Board Chairman,...

Russian Publisher, Australian Columnist, Living In Dubai, Gazing At Two QE2s 0

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Russian Publisher, Australian Columnist, Living In Dubai, Gazing At Two QE2s

[Posted via Google’s Sidewiki] “Frommer’s recommends the restaurant’s chicken fried goat with beans and an RC Cola.”  Oddly, while searching for articles about Egypt’s erupting revolution, I discovered Moscow’s RIA Novosti columnist, Joe Barden,...

The Decession: The GOP’s Destruction of Government by Deficit 0

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The Decession: The GOP’s Destruction of Government by Deficit

May I Speak with You Professor? A year ago I signed up for a free trial subscription to the RGE Monitor, Noriel Roubini’s mega-site for all things economics. Of course, I could never afford...

The Decession Stock Market: A Yogi Bear Market Rally . . . ? 0

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The Decession Stock Market: A Yogi Bear Market Rally . . . ?

Keep an Eye on Your Pic-a-nic basket! The recent stock market rally has brought good cheer and radiant sunshine to the budding Spring of this Decession* (TM). It’s a nice picnic basket of stock...

Buffett Sees Inflation Ahead, But It’s Needed Now. 0

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Buffett Sees Inflation Ahead, But It’s Needed Now.

“Now that I’m getting so close to death I’m feelingmore cheerful about the economic future.” May 3, 2009: Charlie Munger, 84, Warren Buffett’s BFF and partner, had the by far the award winning quote...

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