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Glaring “Quantitative Easing” Failure Spotted- What does THAT mean?

Glaring “Quantitative Easing” Failure Spotted- What does THAT mean?

By: Jim Willie CB, GoldenJackass.com Editor’s note: This should disturb anyone with financial/macroeconomic knowledge and common sense. We are told that the economy is “recovering,” but is it merely being propped up by doubling down on a losing bet?  You probably have not seen this in mainstream news or financial reports.  Hardly anyone reads the obscure […]

Senate moves toward maintaining monetary status quo

Senate moves toward maintaining monetary status quo

By George Miller The Senate Finance Committee, in a 14-8 bipartisan vote, approved Janet Yellen, current vice chairwoman of the Board of Governors of the Federal Reserve System  (photo-L), Obama’s nominee to replace Ben Bernanke as Federal Reserve Chair. A full Senate vote would still be needed to confirm her. Bernanke, a Bush appointee, served through […]

“Shutdown” Kabuki Theater

“Shutdown” Kabuki Theater

Viewpoint By George Miller The just-completed faux government “shutdown” ritual and resolution was reminiscent of a stylized, salve traditional Japanese Kabuki Theater production. Looking beyond the “shutdown’s” end and passage of still another buck-passing continuing resolution to supposedly avoid a default, doctor the following is offered: There would be no default unless Obama wanted it that […]