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Tag Archives: Quantitative Easing
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 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 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
by Dr. Mark W. Hendrickson
As Americans increasingly feel the pinch of higher prices for food and fuel, the Federal Reserve’s QE2 policy of creating more money has been called into question. Asked if the Fed bore some responsibility for these vexing price increases, Fed Chairman Ben Bernanke essentially replied, “It’s not our fault.” Instead, Bernanke blamed the price increases on “global supply and demand conditions.”
Is Chairman Bernanke correct? To use a well-known phrase: … Read the Rest of this Post
by Floyd and Mary Beth Brown
While Barack Obama spends his time running victory laps around the country over the killing of Osama bin Laden, the American economy is careening toward a dangerous cliff. Royal Weddings, Obama’s multiple birth certificates, and absurd arguments about the NFL lockout dominate the news while daily Americans get poorer.
Obamanomics is a disaster. A greater disaster hasn’t been visited on the United States in our economic history because we … Read the Rest of this Post
by Shawn Ritenour
Defenders of the Federal Reserve have been out in force recently declaring the triumph of Money Printing 2, James Grant’s suggested more truthful term for “quantitative easing.” Some pundits point to an 18-percent increase in the S&P 500 since last August, when the Fed’s policy was announced. They also laud a significant increase in inflation expectations. Nominal GDP is on the rise again and official unemployment is lower. All of these are … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion
Tagged Economic Issues, Economics, Federal Reserve, Inflation, Money, Quantitative Easing, Unemployment
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by Floyd and Mary Beth Brown
Watching Charlie Sheen’s outbursts is a great entertainment for Americans. Here is a guy who has it all — fame, fortune, a great career — and it is all crashing in on him because of addiction.
We all know that Charlie Sheen is one 911 call from the morgue. He has made the ambulance trip before, and he doesn’t see it coming. Denial is a classic symptom of drug … Read the Rest of this Post
