Failed Projections Or Just Another Government Lie? You Judge!
Submitted by Michael Lombardi via Acting-Man blog, Not so long ago, the Congressional Budget Office (CBO) said it expected the U.S. government to register a budget deficit in the current fiscal year of...
View ArticleFrontrunning: June 18
Obama Says Bernanke Fed Term Lasting ‘Longer Than He Wanted’ (Bloomberg) Merkel Critical Of Japan’s Credit Policy In Meeting With Abe (Nikkei) China Wrestles With Banks’ Pleas for Cash (WSJ) Biggest...
View ArticleFed's Bullard Explains His FOMC Dissent: Disagrees With Tapering In Light Of...
As noted previously, in the latest FOMC decision the St. Louis Fed’s James Bullard joined the ranks of the dissenters currently held only by Kansas Fed’s George. Today he explains why: it appears that...
View ArticleGreenspan, Bernanke and a Return to Normalcy
“America’s present need is not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration; not agitation, but adjustment; not surgery, but serenity; not the dramatic, but the...
View ArticleFrontrunning: June 26
Scalpel in Hand, Chinese Premier Li Stirs Reform Hopes (Reuters) Obama Sets Conditions for Keystone Pipeline Go-Ahead (FT) World’s Most Indebted Households Face Rate Pain (BBG) SAC Probers Weighing...
View ArticleStudent Loan Interest Rates On Verge Of Doubling
One of the main reasons the entire debt-fueled house of cards propping the western financial system, hasn’t collapsed in a smouldering heap so far – a development that has stumped all those who think...
View ArticleGold Plunges!
Follow ZeroHedge in Real time on FinancialJuice Gold has gone down Friday to under $1, 200 an ounce and that means it’s reached its lowest point for the past three years. Worse than that: it’s been the...
View ArticleBob Eisenbeis: Just When You Think It Can’t Get Any Worse…
Bob Eisenbeis is Cumberland’s Vice Chairman & Chief Monetary Economist. Prior to joining Cumberland Advisors he was the Executive Vice President and Director of Research at the Federal Reserve Bank...
View ArticleIs Mass Spying Being Used to Make Some People Rich?
We’ve previously documented that the government has been giving our private information to big companies so they can make money. And see this. The Wall Street Journal reported that the NSA spies on...
View ArticleStep Right Up And Test Your Central Banking Skills Against The Scariest...
Submitted by F.F. Wiley of Cyniconomics Step Right Up And Test Your Central Banking Skills Against The Scariest Economy Of All I offer a chance to test yourself as King of the World. By that, I mean...
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