Posts Tagged ‘Reserve’
Federal Reserve Wants to Issue Debt
Wednesday, December 10, 2008 8:10 3 CommentsThe WSJ reports that Federal Reserve is now said to be thinking of issuing it’s own debt. The concept could include selling bills or some other form of notes. This would be the first time in history for such an action be taken.
The mainstream media has already begun to sell the idea to the public [...]
Ron Paul on the Federal Reserve
Wednesday, November 26, 2008 8:37 No CommentsRon Paul is a nine term Congressman and 2008 Presidential Candidate whose passion is monetary policy, Dr. Paul has served on The House Banking Committee and The Financial Services Committee.
China cuts interest rate, banks’ reserve requirements
Wednesday, November 26, 2008 8:08 No CommentsChina Wednesday reduced both its lending and borrowing rates by 1.08 percentage points in an effort to ease the money supply. The Chinese central bank’s one-year yuan lending rate is now 5.58%, while the rate on one-year yuan deposits rate has been lowered to 2.52%.
The central bank also reduced bank reserve requirements by 1% for [...]
Obama Cabinet Picks: A Who’s Who of Establishment Insiders
Monday, November 24, 2008 21:51 6 CommentsTimothy F. Geithner
Obama Cabinet Position: Treasury Secretary
Political Party: Democrat
Career: Ford Foundation, Kissinger and Associates (Major Lobbying Firm), IMF, Federal Reserve Bank of New York, Under Secretary of Treasury under Larry Summers and Robert Rubin.
Member: Bilderberg Group, Council on Foreign Relations, Trilateral Commission
Notable Events: In 2007, he brokered the sale of Bear Stearns to JP Morgan [...]
“The Bailout Surge” by Dr. Ron Paul
Monday, November 24, 2008 19:39 No CommentsThe latest from US congressman Ron Paul
“This week the bailout of the Big Three automakers was under heavy consideration in Congress’s lame duck session. I have always opposed government bailouts of private organizations. Back in 1979 Congress had hearings about bailing out Chrysler and I was on record pointing out that these types [...]





















