Call for radical cut to interest rates - This is Money

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

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

Bag the Fed! - Online Journal
Despite its name, the Federal Reserve System is not owned by the federal government. It is actually a private company of bankers with 12 branches or central banks that expand and contract our money supply as they have doing for nearly 100 years. And

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