With No Exit Strategy, Bernanke's Fed Turns to Lobbying [View article]
"This is why the Fed’s dual mandate should be simplified to only maintaining price stability."
I agree with this 100%. I think the FED should only be focused on keeping inflation below 0.5% to protect the value of the currency. The FED should not be involved in any of the bailouts. Corporate America should be exchanging debt for equity with their creditors. The same goes for all of the home owners in foreclosure.
Sure It’s Legal … But Is It Right? [View article]
We now have Darwinian fascism!
Sure It’s Legal … But Is It Right? [View article]
That would put their moral hazard into perspective. Heads you win, tails you die...
It's OK to speculate with your own money, but not with someone else's.
With No Exit Strategy, Bernanke's Fed Turns to Lobbying [View article]
I agree with this 100%. I think the FED should only be focused on keeping inflation below 0.5% to protect the value of the currency. The FED should not be involved in any of the bailouts. Corporate America should be exchanging debt for equity with their creditors. The same goes for all of the home owners in foreclosure.