Category Archives: Federal Reserve

Janet Yellen’s real girl power and anarcho-capitalist life boats

The leaders of your country are making moves on behalf of their constituents. Don’t get excited. By now you should know I’m not talking about the verbose blow-fart sitting in a cushy chair in some government office suite. I’m talking … Continue reading

Posted in American society, Anarcho Capitalist, bondholders, capital, Federal Reserve, government, libertarian, libertarianism, Political Economy, renewable energy, solar, statism | Tagged , , , | Leave a comment

#HillaryClinton should read the Full Employment Act

Hillary Clinton today came out hard against Donald Trump’s attack on the Federal Reserve, where the real estate developer and Republican nominee for president accused the American central bank of creating a “false economy.” Mrs Clinton in responses chided Mr … Continue reading

Posted in Donald Trump, Economy, Election2016, Federal Reserve, Hillary Clinton, Uncategorized | Tagged , , | Leave a comment

.@RepKevinBrady had it right until he said bi-partisan commission

U.S. Representative Kevin Brady, Republican of Texas and chairman of the Joint Economic Committee penned an op-ed for The Wall Street Journal asking readers to take their eyes off of the distraction over who should be the next chairman and focus … Continue reading

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With a Larry Summers pick, will #Obama once again show that Danny Glover was right?

Maureen Dowd wants to know if President Obama will continue the good ole boy club by selecting Larry Summers to replace Ben S. Bernanke as head of the Federal Reserve.  That’s one question she posed yesterday in a The New … Continue reading

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Media diversity may start with the Federal Reserve vs. the FCC

I just finished reading a post by the Cato Institute’s Steve H. Hanke where Mr. Hanke argues that the Federal Reserve’s target of zero to one quarter of a percent federal funds rate is actually exacerbating the credit crunch still … Continue reading

Posted in credit, Economy, Federal Communications Commission, Federal Reserve | Tagged , , , , , , , | Leave a comment

People aren’t using smartphones to obtain capital. Not very smart.

Today I read through the Federal Reserve’s survey of consumer usage of mobile financial services to see if consumers were by chance using smartphones to obtain capital.  Much to my chagrin, when it came to borrowing, smartphone users appear to … Continue reading

Posted in capital, commerce, e-commerce, Economy, Federal Reserve, smartphones | Tagged , , , | Leave a comment

If I were a big bank, I wouldn’t lend you money either

I hate when politicians try to make “too big to fail” about whiny consumers who couldn’t get a loan to finish a deck that overlooks their backyard.  The concept raised its head again during a Senate sub-committee hearing on J.P. … Continue reading

Posted in banks, capital, Congress, consumer protection, consumers, Economy, Federal Reserve, Financial Regulation, free markets, Political Economy, too big to fail | Tagged , , , , , | 3 Comments

No, Mrs. Waters. The Federal Reserve’s monetary policy has not helped unemployment

Maxine Waters and the rest of the Congressional Black Caucus need to be braver when it comes to the economy. Time to stop towing the line. This morning in her opening statement during a hearing on the Federal Reserve, Mrs. … Continue reading

Posted in banks, Congressional Black Caucus, Federal Reserve, unemployment | Tagged , , , | 1 Comment

How about getting rid of commercial banking?

Had a thought on commercial banking and lending to consumers.  Why not abolish commercial banking and lending to consumers?  If a consumer wants to borrow money, why not provide then the option of a free market approach of obtaining financing … Continue reading

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Lower rates may spark longer term manufacturing jobs

Ben Bernanke is doing his best with what he has.  He strikes me as a noble man who wants the get this economy out of a rut.  I don’t claim to have his keen intellect, but coming from a long … Continue reading

Posted in banks, capital, commerce, Economy, Elections 2012, Federal Reserve, Foreclosures, Political Economy, unemployment | Tagged , , , , , , | 1 Comment