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Tag Archives: Federal Reserve
by Dr. Mark W. Hendrickson
On July 11, The Center for Vision & Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day, Bernanke made me question my forbearance by telling Congress that a third round of “quantitative easing,” or “QE3,” could be a near-term option.
Now it’s my turn to call Bernanke a name, but I’ll use a clinical label, not a crude one. … Read the Rest of this Post
Even non-fans of rap (like me) will enjoy this musical look at the hottest debate in Washington. It’s good to have a laugh on the road to serfdom. And since this video was produced by the people at Reason TV, there is little chance it will incur legal harassment from speech-chilling PC fascists, the way the “Johnny Cashless” video we posted did. Enjoy!
Posted in Videos
Tagged Debt Ceiling, Federal Reserve, Humor, Inflation, Music, Quantitative Easing
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by Floyd and Mary Beth Brown
Gold isn’t money? How could America get to this point we asked in astonishment upon hearing the Chairman of the Federal Reserve proclaim, “Gold isn’t Money.”
No wonder our leaders in Washington misspend our money. They don’t even understand what it is.
For those of you without a dictionary nearby, let’s start with the Webster’s definition, which says money is “something generally accepted as a medium of exchange, a … Read the Rest of this Post
by Dr. Mark W. Hendrickson
As chairman of our country’s central bank, the Federal Reserve Board, Ben Bernanke is expected to put the economy on a sound footing and foster strong economic growth. Unfortunately, Bernanke faces “mission impossible”—partly because the policies implemented by Congress, the president, and bureaucrats account for much of what happens to the economy, and partly because the Fed has already done most of what it can do.
The Fed’s favorite policy … Read the Rest of this Post
by Floyd and Mary Beth Brown
This a Fourth of July we are reflecting on the Founding Father’s intensive study of the Roman civilization. Knowing history, they embraced Rome’s virtues and eschewed her vices. The Founders understood the currents of history which gave us a collective heritage unrivaled. Sadly, we as a nation are turning our backs on the morality that made America special.
The country has convulsed in the past 30 years as a … Read the Rest of this Post
Posted in Floyd Reports, Opinion
Tagged Federal Reserve, History, Holidays, Homosexuality, Inflation, Nathaniel Blake, Roman Empire
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by Dr. Mark W. Hendrickson
We older Americans have saddled our youth with a mind-boggling public debt—over $20 trillion already spent ($14.3 trillion of “official” national debt plus various off-budget expenditures, according to the U.S. Treasury); trillions more of projected deficit-spending over the coming decade; and tens of trillions of dollars of unfunded liabilities.
By the time today’s toddlers can vote, it is likely that both the Medicare and Social Security funds will be exhausted. … Read the Rest of this Post
by Ben Johnson, The White House Watch
Some of us have long argued the Obama administration is pushing a two-track system of financial bondage for the nation: tremendous profits and options for the ruling class, with cradle-to-grave socialism for the penniless underclass. In between, the middle class will be squeezed into non-existence.
Enter Neal Kumar Katyal, the acting Solicitor General and former assistant to Elena Kagan. Katyal told the Sixth Circuit Court of Appeals in … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion, Videos
Tagged Constitution, Darrell Issa, Elastic Clause, Federal Reserve, Inflation, Interstate Commerce Clause, middle class, Neal Katyal, New Deal, Obamacare, Office of Solicitor General (OSG), Phil Klein, Quantitative Easing, Sixth Circuit Court of Appeals, socialized medicine, The Washington Examiner, Thomas More Law Center
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by Dr. Mark W. Hendrickson
The trustees of the Medicare system recently reported that the program will go broke in the year 2024—five years sooner than was projected just last year.
The millions of Americans who have been counting on Medicare to be a reliable, stable guarantor of affordable health care in their senior years should be asking themselves, “Who is responsible for this predicament?” The short answer is “lots of people,” but let’s start … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion
Tagged Economic Issues, Entitlements, Federal Reserve, Medicare, Paul Ryan, Social Security
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by Floyd and Mary Beth Brown
The worst economic conditions in recent memory were during the Jimmy Carter era of stagflation. Stagflation was a term coined in the 1970s to describe high unemployment with high inflation. Stagflation is back. Translation: America’s middle class is getting poorer; a record number of middle class workers are out of work. If you are lucky enough to have a job, your wages aren’t going up, but you are … Read the Rest of this Post
