By Robert J. Samuelson NewsWeek It seemed like a classic “man bites dog” story. America’s banks, having been repeatedly rescued by the government in the past 18 months, were about to turn…
Tag: Federal Reserve
Federal Reserve Admits Hiding Gold Swap Arrangements
Press Release Source: Gold Anti-Trust Action Committee Inc. On Wednesday September 23, 2009, 9:30 am EDT MANCHESTER, Conn.–(BUSINESS WIRE)–The Federal Reserve System has disclosed to the Gold Anti-Trust Action Committee Inc. that…
Thank the Fed For Your Lack of Purchasing Power
By: Richard Daughty, The Mogambo Guru – The Daily Reckoning In case you were wondering, there is no way to stop spending a debt-based currency once you start, which handily explains why…