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Entries in Federal Reserve (125)

Wednesday
Aug272014

ALG's Daily Grind - Like day follows night, union corruption continues 

6

August 27, 2014

Permission to republish original opeds granted.

Like day follows night, union corruption continues
In 2013, the U.S. Department of Labor's Office of Labor-Management Standards (OLMS) obtained 97 indictments and 116 convictions of union officials for crimes against their members.

Missing IRS emails were backed up, Justice Dept. admits to Judicial Watch
Judicial Watch president Tom Fitton: "Department of Justice attorneys for the Internal Revenue Service told Judicial Watch on Friday that Lois Lerner's emails, indeed all government computer records, are backed up by the federal government in case of a government-wide catastrophe.  The Obama administration attorneys said that this back-up system would be too onerous to search."

Woodhill: No, Professor Cochrane, the Fed is not getting it right
"The Fed's policy of paying interest on bank reserves (IOR), which is nearing its sixth birthday, makes fulfilling [maintaining a stable dollar] difficult (and, given the Fed's current operating procedures, perhaps even impossible)."

Friday
Aug222014

ALG's Daily Grind - If not debt, then where does money come from? 

6

August 21, 2014

Permission to republish original opeds and cartoons granted.

If not debt, then where does money come from?
Bank of England: "Commercial banks create money, in the form of bank deposits, by making new loans." But is that true?

Cartoon: Projections
What is Obama projecting to the world?

Unemployment clues from Fed head Yellen
Federal Reserve Chair Janet Yellen will be speaking on August 22 on the nation's employment situation at a meeting of the Fed in Jackson Hole, Wyoming.

John Fund: Democrats fail in effort to tilt Alaska's GOP Senate primary
"[O]ne of the biggest drags on the frontrunner [Dan Sullivan] was a series of brutal TV ad attacks against him by Put Alaska First, a Democratic super PAC allied with Senator Begich."

Tuesday
Jul222014

ALG's Daily Grind - Rob Astorino's one man war against Obama's racial housing quotas

6

July 21, 2014

Permission to republish original opeds granted.

Rob Astorino's one man war against Obama's racial housing quotas
Westchester County Executive explains the HUD racial rezoning rule: "if you live in that quarter acre or half acre residential neighborhood [zoning], the federal government is saying that a thirteen-story apartment building could be right in the middle of it, government-subsidized, because there needs to be equal mix, in their view, of ethnicity, of race, of income."

What is going on over at 1600 Pennsylvania Avenue?
Obama spent a mere 40 seconds mentioning the shot-down airliner "tragedy" between standard dinner-speaker jokes at a Delaware fundraiser—the day it happened.

Snider: Janet Yellen uses Fed failures to expand the Fed's mandate
"On an economic whirlwind, [Yellen's] goal over the past few months has been to convince anyone and everyone that the economy has nearly healed, the trajectory thus brightened enough to allow the Fed to gracefully exit and take full credit for it. While that is certainly the broad stroke of what looks to be 'forward guidance', for now, there is more than a little complication between here and there."

Friday
May162014

ALG's Daily Grind - Lois Lerner should be jailed 

6

May 15, 2014

Permission to republish original opeds and cartoons granted. 

Lois Lerner should be jailed
Congressional investigators have found that, from the donor lists the IRS was able to illegally procure from conservative groups seeking tax-exemption, almost one in ten of the names listed were audited by the IRS.

Cartoon: Chilly economy
So, the winter caused the economy to slow down?  

Did anyone even read the last Fed audit?
Senator Rand Paul wants another Fed audit, but wasn't the last audit bad enough—with over $442 billion of free money flowing to foreign banks—to start taking some action now?

Smith: The solution for the declining middle class is to destroy fixed costs and debt   
"The solution to the erosion of the middle class lifestyle is to destroy debt and other fixed costs and eliminate self-sabotaging discretionary consumption."

  

May 15, 2014

Permission to republish original opeds and cartoons granted.

Lois Lerner should be jailed
Congressional investigators have found that, from the donor lists the IRS was able to illegally procure from conservative groups seeking tax-exemption, almost one in ten of the names listed were audited by the IRS.

Cartoon: Chilly economy
So, the winter caused the economy to slow down?

Did anyone even read the last Fed audit?
Senator Rand Paul wants another Fed audit, but wasn't the last audit bad enough—with over $442 billion of free money flowing to foreign banks—to start taking some action now?

Smith: The solution for the declining middle class is to destroy fixed costs and debt   
"The solution to the erosion of the middle class lifestyle is to destroy debt and other fixed costs and eliminate self-sabotaging discretionary consumption."

 

Thursday
May082014

ALG's Daily Grind - Fed head Yellen admits Obama economy still stinks  

6

May 8, 2014

Permission to republish original opeds and cartoons granted.

Fed head Yellen admits Obama economy still stinks
Janet Yellen promises to keep the printing press warm in Congressional testimony: "A high degree of monetary accommodation remains warranted."

Cartoon: Climate change hypocrites
The Obama administration does not practice what it preaches on carbon emissions.

Obama conspires to attack Hillary's "Vast Right-Wing Conspiracy"
During the Clinton administration, the political left watched its monopoly on news media and content, and therefore the information an "informed" electorate utilized while making decisions in the ballot box, dissolve before their eyes. Years later, Barack Obama's administration has successfully established widespread institutional opponents to this "Vast Right-Wing Conspiracy" of liberty-minded news media.

Smith: How the middle class lifestyle became unaffordable
"There are four structural drivers behind the soaring costs of the middle class lifestyle."