During her confirmation hearing Thursday, Janet Yellen, President Obama’s nominee to become chairman of the Federal Reserve, said she will pursue policies that hurt people who try to build up wealth, claiming that impoverishing savers serves the collective good of society.
“I understand that savers are hurt by this policy,” Yellen said under questioning from Republican Nebraska Sen. Mike Johanns about low interest rates.
Johanns told Yellen that her policies “are very, very…Continue
FED MIGHT NEED A BAILOUT
Last Thursday, America was treated to an incredible dodge ball performance by…Continue
Added by Seton Motley on July 24, 2013 at 6:23am — No Comments
Added by Seton Motley on May 29, 2013 at 10:14am — No Comments
Back in 1993, I watched the Clint Eastwood movie, 'In The Line of Fire' and pondered the plot line of the crazed assassin building a handgun out of wood in his machine shop, capable of delivering a fatal bullet. It struck me as far fetched at the time. It turns out it was prophetic, with the exception of…Continue
Added by Richard Cameron on May 6, 2013 at 9:39am — No Comments
Another month and more foolishness in response to the bogus May jobs report from the Labor Department. More complete falsehoods…Continue
Erstwhile C.I.A. operatives turned Jihadis?
Many reporters, in the first day or so after the Boston Marathon terror bombing repeatedly stressed the caution that “we really are not certain at this time, what the motivation for the attack is”.…Continue
Added by Richard Cameron on May 2, 2013 at 12:59pm — No Comments