Actions like this call into question the assurances given to Congress and the American public by current Fed Chairman Ben Bernanke, who in 2010 stated firmly that the central bank was not going to finance U.S. debt through its operations.
The government of Illinois was forced to settle with the U.S. Securities Exchange Commission this week following allegations that state officials purposefully misled investors of pension system debt about the risks of those assets.
While it’s unclear as to whether or not the Ryan budget proposal will pass, the differences between it and Democratic ideas suggest that the ongoing U.S. fiscal debate is far from over.
An email has been leaked from the U.S. Department of Agriculture that suggests mid-level administrators are being advised not to “contradict” what Obama administration officials are saying about the severity of the across-the-board budget cuts known as sequestration.
Read the full article here: http://blogs.marketwatch.com/thetell/2013/03/07/why-you-shouldnt-be-selling-gold/
For weeks I have been talking about this robotic stock trading software. So I just printed and saved a report that shows my results over the last 30 days ending yesterday. I made $725 in my paper account allocating only $8,300. See …
Some economists, like the University of Utah’s Arthur Nelson, are exploring the idea that, within the next 20 years, a slow-building avalanche of home sales by retiring baby boomers could trigger a wider problem in the housing market.
A troubling report from the International Monetary Fund (IMF) released late last month suggests that the aftershock of the U.S. government spending reductions known collectively as sequestration could pose serious problems for the wider global economy.
The Wall Street Journal’s Jon Hilsenrath reported on February 20 that several members of the FOMC remain fearful the the Fed’s easy-money policy could one day lead to rampant inflation when the U.S. job market begins to improve.