Today the institution of the Fed is as intellectually entrenched as it has ever been. It has become the largest employer of people with doctorates in economics. It has hired or contracted with more than 1,000 of these economists, who actively endeavor to validate, rather than question, orthodox theories and policies.
http://www.newsmax.com/Finance/DanielleDiMartinoBooth/trump-fed-yellen-trump/2017/01/06/id/767154/
Showing posts with label federal reserve. Show all posts
Showing posts with label federal reserve. Show all posts
Tuesday, January 10, 2017
Tuesday, November 25, 2008
Headlines: November 25, 2008
Pre-Budget report: National Insurance rise adds to high earners' woes: High earners face increased National Insurance payments and a new supertax under a raft of measures announced in today's pre-Budget report.
Obama: Costly stimulus needed to jolt economy
Fed throws fresh lifeline to financial system
"This action is being taken to reduce the cost and increase the availability of credit for the purchase of houses, which in turn should support housing markets and foster improved financial conditions more generally," the Fed said.
Frequently Asked Questions: Federal Reserve System
Who owns the Federal Reserve Bank?
Who Owns the Fed?
Clear and Present Danger: The Obama administration is about to discover that the terrorists detained at Guantánamo are there for good reason.
Obama: Costly stimulus needed to jolt economy
Fed throws fresh lifeline to financial system
"This action is being taken to reduce the cost and increase the availability of credit for the purchase of houses, which in turn should support housing markets and foster improved financial conditions more generally," the Fed said.
Frequently Asked Questions: Federal Reserve System
Who owns the Federal Reserve Bank?
Who Owns the Fed?
Clear and Present Danger: The Obama administration is about to discover that the terrorists detained at Guantánamo are there for good reason.
Thursday, October 16, 2008
Headlines: October 16, 2008
Massachusetts: Patrick to cut 1,000 jobs from state payroll: Will slash budget $1b; local aid is left intact
"Some of the heaviest cuts, $293 million, are in the state's Medicaid program, known as MassHealth, but there will be no reduction in benefits or eligibility for covered residents....Instead, hospitals and doctors who provide care for MassHealth patients will receive lower reimbursements for the services they provide....Last night, the Massachusetts Hospital Association issued a statement that said the cuts will create 'extreme hardship for many hospitals and the communities they serve.'"
Infant Deaths Drop in U.S., but Rate Is Still High
(The rate is high because our medical care is so advanced that we try to save the lives of babies that other countries don't even count as live births.)
Cuba vs. the United States on Infant Mortality
Myths about single-payer health insurance
Child survival crisis in Caucasus and Central Asia
(Hat tip: Best of the Web and here)
Venezuela’s government looking to establish new 6-hour workday
U.S. officials: Missing Afghan students found in Canada
Officials: FBI investigates ACORN for voter fraud
About 200K Ohio voters have records discrepancies
24,000 Felons Getting Ballots, Despite Eligibility Questions
What Crisis? Kremlin downplays financial woes
Obama Distorts His Abortion Record In Third Debate
Bush Declares Exceptions to Sections of Two Bills He Signed Into Law
Everybody Else Did It: Chris Dodd's mortgage blame game.
"Ludwig remains proudest . . . of his efforts to compel bank compliance with fair-lending laws and his revitalization of the Community Reinvestment Act (CRA), a 1977 law requiring banks to invest in poorer neighborhoods and improve lending and service to low- and moderate-income borrowers. Although branded an 'activist' for his vigorous support of the act . . . he points to the cold, hard facts to justify his tactics. After just one Justice Department referral in the OCC's previous 129 years, Ludwig's tenure witnessed 27 fair-lending cases, resulting in tens of millions of dollars in fines against violators."
ACORN sign-ups in Harris seem legitimate: Nearly 40% of vote forms denied, but registrar sees no intentional foul as group draws fire nationwide
ACORN Does Philadelphia
U.S. official has new evidence of Iranian meddling in Iraq
Regulations of Mass Job Destruction
Should people do not know anything about politics be allowed to vote? (video)
"On Wednesday October 8 the Federal Reserve, European Central Bank, and four other central banks lowered interest rates in an emergency coordinated bid to ease the economic effects of the financial crisis."
"Some of the heaviest cuts, $293 million, are in the state's Medicaid program, known as MassHealth, but there will be no reduction in benefits or eligibility for covered residents....Instead, hospitals and doctors who provide care for MassHealth patients will receive lower reimbursements for the services they provide....Last night, the Massachusetts Hospital Association issued a statement that said the cuts will create 'extreme hardship for many hospitals and the communities they serve.'"
Infant Deaths Drop in U.S., but Rate Is Still High
(The rate is high because our medical care is so advanced that we try to save the lives of babies that other countries don't even count as live births.)
Cuba vs. the United States on Infant Mortality
Myths about single-payer health insurance
Child survival crisis in Caucasus and Central Asia
(Hat tip: Best of the Web and here)
Venezuela’s government looking to establish new 6-hour workday
U.S. officials: Missing Afghan students found in Canada
Officials: FBI investigates ACORN for voter fraud
About 200K Ohio voters have records discrepancies
24,000 Felons Getting Ballots, Despite Eligibility Questions
What Crisis? Kremlin downplays financial woes
Obama Distorts His Abortion Record In Third Debate
Bush Declares Exceptions to Sections of Two Bills He Signed Into Law
Everybody Else Did It: Chris Dodd's mortgage blame game.
"Ludwig remains proudest . . . of his efforts to compel bank compliance with fair-lending laws and his revitalization of the Community Reinvestment Act (CRA), a 1977 law requiring banks to invest in poorer neighborhoods and improve lending and service to low- and moderate-income borrowers. Although branded an 'activist' for his vigorous support of the act . . . he points to the cold, hard facts to justify his tactics. After just one Justice Department referral in the OCC's previous 129 years, Ludwig's tenure witnessed 27 fair-lending cases, resulting in tens of millions of dollars in fines against violators."
ACORN sign-ups in Harris seem legitimate: Nearly 40% of vote forms denied, but registrar sees no intentional foul as group draws fire nationwide
ACORN Does Philadelphia
U.S. official has new evidence of Iranian meddling in Iraq
Regulations of Mass Job Destruction
Should people do not know anything about politics be allowed to vote? (video)
"On Wednesday October 8 the Federal Reserve, European Central Bank, and four other central banks lowered interest rates in an emergency coordinated bid to ease the economic effects of the financial crisis."
Wednesday, October 8, 2008
Headlines: October 8, 2008
Fed to Lend Directly to Companies for First Time Since Great Depression, Hints at a Rate Cut; Stocks Fall as Dow Hits 5-Year Low
British government will partially nationalize banks
From Syrian fishing port to naval power base: Russia moves into the Mediterranean
The Obama Debate Every American Should See
Pakistan expels 60 000
Who Is Buying The White House?
McCain Pledges Government Will Buy Up Mortgages
Security: Buried in last week's news, the CIA director warned that the next president's top national security problem is the Axis of Oil. With campaigns focused on wars all but won, will our next leader be ready?
Rosner: Call it "evil" or "not evil" or "maybe" evil--Russia, slowly but surely, is becoming the number one headache for the next president.
Fed orders emergency rate cut to 1.5 percent
Yon: The Afghanistan paradox
Take our Uighurs -- please
IRAN: CHRISTIAN COUPLE DIES FROM POLICE ATTACK
Hosts of house church succumb to injuries following raid; daughter still in custody.
The bigger the family the better, says Cassandra Jardine
Another Child Matters: Bridging the middle-class baby gap
British government will partially nationalize banks
From Syrian fishing port to naval power base: Russia moves into the Mediterranean
The Obama Debate Every American Should See
Pakistan expels 60 000
Who Is Buying The White House?
McCain Pledges Government Will Buy Up Mortgages
Security: Buried in last week's news, the CIA director warned that the next president's top national security problem is the Axis of Oil. With campaigns focused on wars all but won, will our next leader be ready?
Rosner: Call it "evil" or "not evil" or "maybe" evil--Russia, slowly but surely, is becoming the number one headache for the next president.
Fed orders emergency rate cut to 1.5 percent
Yon: The Afghanistan paradox
Take our Uighurs -- please
IRAN: CHRISTIAN COUPLE DIES FROM POLICE ATTACK
Hosts of house church succumb to injuries following raid; daughter still in custody.
The bigger the family the better, says Cassandra Jardine
Another Child Matters: Bridging the middle-class baby gap
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