700 Billion Times 10 - OpEdNews.com

700 Billion Times 10 - OpEdNews.com
So, we all know about the $700 billion; let me write that out- $700,000,000,000. Where did this number come from? How did The Federal Reserve and The Secretary of Treasury come up with that number? Well, I don't know. But I was reading a great

Too many questions go unanswered in bailout - Pantagraph
Here's what I don't understand about all these bailouts to banks and insurance companies. If, I, as a business person, went out and asked for money to prop up my business, I would be expected to submit a detailed plan on how I would spend the money

A British subprime mess - bbc
Michael Coogan, the director general of the Council of Mortgage Lenders , is grumpy with me (and said so today on the News Channel), because he thinks I implied yesterday that the big surge in repossessions that the CML expects next year will be due

Free-market Thinkers - New American
With bailouts and other unabashed socialist projects being embraced by both political parties to "save our economy," has free-market economics been proved faulty? In the bailout-a-week political climate, it is all too easy to believe that free-market

Bernanke's Playbook - Lewrockwell.com
In the National Football League, a marginal player dreads the request that he report to the coach and bring his playbook. He figures he is going to be cut from the team. The coach makes sure the playbook does not leave with the player. A coach's

Economists predict 1% interest rate cut - This is Money
It follows the publication this morning of another slew of desperately gloomy economic figures, showing that the recession is gathering pace and the housing crash shows no sign of stopping. A full-point cut from the Bank's Monetary Policy Committee

Call for radical cut to interest rates - This is Money
Employers are calling for a full percentage point cut to interest rates when the Bank of England's Monetary Policy Committee meets later this week. A 'significant and sustained' downturn in the economy has prompted the call from manufacturers, while

Banking sector has become the ruling party - Pantagraph
Let me try to get this straight. The federal government - We the People - has allowed the banking sector of this country to become the de facto regulatory and legislative ruling party. Democrats, Republicans and the others are just figureheads to

The Epic of Finance - American Enterprise Institute
The Ascent of Money is yet another in Niall Ferguson's series of very readable and enjoyable books. As the subtitle suggests, the book is not about money per se, but about financial development, tracing it from the earliest times to the present