Posts Tagged

Fed

The people of the United States, misled by its politicians, and plundered by its financial institutions, are swimming in so much debt that no one will probably ever grasp the truly staggering amount — if indeed it can ever be fully calculated. Forget paying it all back; the Federal Reserve …

It is not uncommon to hear people in the streets, on blogs, or on talk radio arguing that the gangs of Wall Street should have been jailed — or even hung — for their crimes against the American people. But to hear that kind of talk from a former Federal …

This month marks the seventh anniversary of the bursting of the housing bubble and the subsequent economic meltdown. The mood in Congress following the meltdown resembled the panicked atmosphere that followed the September 11th attacks. As was the case after September 11th, Congress rushed to pass hastily written legislation that, instead …