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Entries Tagged as 'The Fed & US Treasury Policy'

Bernanke’s “BS” Smoking Parable Response To Rick Santelli…

February 24th, 2009 · 1 Comment · The Fed & US Treasury Policy

They just can’t leave CNBC’s Rick Santelli alone, can they?
At today’s Senate Banking Committee hearing, Ben Bernanke answered Senator Evan Bayh’s (D. In.) reference to Rick Santelli’s criticism of this bailout package rewarding bad behavior, with the following parable about “Fire, and saving the neighborhood”…
“If you lived in a closely grouped neighborhood of wood houses… [...]

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The Fed, The Dollar, The New World Order, Gold, and The Truth

January 9th, 2009 · 4 Comments · The Fed & US Treasury Policy

I am going to tell you something that you will not hear from
your government, or the mainstream press.
The Truth.
What you are witnessing is the controlled demolition of the
United States of America.
We have now crossed the rubicon into the realm of a one
trillion dollar+ annual budget deficit, with total unfunded
liabilities and deficits totaling well over $50 [...]

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Bailout: Main Street’s message to Wall Street & Washington…

September 30th, 2008 · 5 Comments · The Fed & US Treasury Policy

We don’t believe you.
Not a single word you say.
Do the words “read my lips - no new taxes” ring a bell?
We didn’t believe you when you said - “the credit crisis is well contained.”
We didn’t believe you when you said - “the worst is now behind us.”
We didn’t believe you when you told us the [...]

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US Treasury Takes Over Fannie Mae/FNM & Freddie Mac/FRE …

September 7th, 2008 · No Comments · Politics, Money and Markets, The Fed & US Treasury Policy

We’ll everyone’s been waiting, here’s the official scoop:

Both CEO’s are out!
Shareholders are screwed.
And both FNM & FRE will be forced to be downsized, until they no longer represent a threat to the U.S. financial system.
We will see Monday if the market reactions matched expectations…
From James Cramer and The
From NPR:
Weekend Edition Sunday, September 7, 2008 · [...]

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Bernanke to US Dollar: “You’re On Your Own”

June 25th, 2008 · 1 Comment · Gold and Silver Stocks, The Fed & US Treasury Policy

What happened to the Ben Bernanke who just weeks ago, seized the “strong dollar” gauntlet from the Treasury Department, and led both Hank Paulson, and President George W. Bush in calling for a stronger dollar?
What happened to “that” Ben Bernanke?
Here’s all we got out of Ben Bernanke in today’s Fed meeting….
– No leadership.
– No guidance.
– And [...]

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