Fed

investorzzo's picture
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what if it was all just a big Bubble?

One of the things that many people go through their entire lives without ever realizing is that conditions haven’t always been the way they remember them to be. Due to the length of a typical lifetime and the number of those years that individuals are productive, it’s reasonable to think that someone in their mid-60s could retire today and look back at the last 40 years only to conclude that what they just experienced was normal.

But, what if the last 40 years were anything but normal?

MarkM's picture
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Bloomberg wins appeal in FOIA battle with the Fed

From Mish,

http://globaleconomicanalysis.blogspot.com/2010/03/victory-for-bloomberg-in-freedom-of.html

"The U.S. Court of Appeals in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after the 2008 collapse of Lehman Brothers Holdings Inc. The ruling upholds a decision of a lower-court judge, who in August ordered that the information be released."

investorzzo's picture
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the U.S. Treasury's bond problem

There is simply no evidence that any pool of buyers exists outside of the Federal Reserve to soak up $1.6 trillion in newly issued Treasury debt this year. Yes, the Fed can "create" money and use it to buy Treasury debt via various third parties, but is that machinery up to buying endless trillions of dollars in new bonds to fund unprecedented deficits as far as the eye can see? Will there never be any consequence of that policy, or any limits imposed by the bond market?

http://seekingalpha.com/article/194404-the-u-s-treasury-s-bond-problem

investorzzo's picture
forum

small Banks and the federal reserve

I, too, believe that the Open Market Committee will not change the target rate of interest at this time, but I still believe that the Federal Reserve is very troubled about the condition of small- and medium-sized banks. To repeat the statistics again, the FDIC has more than 700 banks on its problem list with the expectation that over the next 12 to 18 months there will be three to four banks closed, on average, every week. The small- to medium-sized banks in this country do not appear to be in very good shape.

investorzzo's picture
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Fed gets new oversight powers under Dodd bill

But Fed Chairman Ben Bernanke, other Fed insiders and some banking interests have pushed back hard in recent months to shield the institution, and it appears to have worked.

http://news.yahoo.com/s/nm/20100314/pl_nm/us_financial_regulation_dodd

investorzzo's picture
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corruption at Federal Reserve bank goes unnoticed

The Federal Reserve Bank, always a friend to foreign interests, is instructing illegal aliens that should they return home on their own or should they be deported, their money is safe whether it was obtained working as a busboy in a restaurant or working as an enforcer in a sex-slave house.

investorzzo's picture
forum

does it make sense to resurrect the Glass-Steagall act?

The Myth of Financial Deregulation

Prior to the financial deregulation of the 1980s, we had controlled banking. Banks' conduct was guided by the central bank. Within this type of environment, banks' profit margins were nearly predetermined, because the Fed imposed interest-rate ceilings and controlled short-term interest rates. Hence, the life of the banks was quite easy, albeit boring.

The introduction of financial deregulations and the dismantling of the Glass-Steagall Act changed all that. The deregulated environment resulted in fierce competition between banks.

investorzzo's picture
forum

How to spend $1.5 trillion without congressional approval

How to spend $1.5 trillion without Congressional approval

Step 1: Federal Reserve purchases $1.5 trillion in Fannie Mae and Freddie Mac securities, creating $1.5 trillion of monetary base to pay for these purchases.

Step 2: U.S. Treasury quietly announces unlimited support for Fannie Mae and Freddie Mac on December 24, 2009, exploiting a loophole in a 2008 law that was originally written to insure a maximum of $300 billion in total mortgage principal (not losses, but principal).

yoshhash's picture
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how could they vote this clown in again?