By Kevin BrettJim Rogers sits in as a guest with Yahoo! Finance. A text summary can be found here.
Rogers dismisses Dr. Ben as “just an Ivy League professor” who has never been right. According to Rogers, Bernanke has be…
This week’s disappointing news on the progress of the economic recovery has some Democrats and their allies yearning for more fiscal “stimulus.” But continuing the failed policies of the recent past would be the wrong response. Instead, Congress and the President should pursue fiscal policies that stimulate the engines of economic recovery and growth. The…
The U.S. economy continues to drag, but why’s the recovery going so slowly? The 13.9 million unemployed Americans aren’t the only ones who want to know. Yesterday, following a speech by Federal Reserve chairman Ben Bernanke (who described the economic recovery as “frustratingly slow”), JP Morgan Chase CEO Jamie Dimon grabbed the microphone and asked…
The war in Afghanistan rages on, as does the conflict in Libya. U.S. troops are still deployed in Iraq. Unrest continues in the Middle East’s Arab Spring. Meanwhile, Iran’s nuclear efforts are accelerating, and the global war against terrorists remains. And yet despite an aging military, President Barack Obama has called for $400 billion in…
The Senate is looking to do some more spending with a vote today on the Economic Development Revitalization Act, which will cost $1.5 billion through 2016 and an additional $760 million thereafter. The goal? Reauthorize funding for the Economic Development Administration — a vehicle for political pet projects, masked as a program that purports to…
By Kevin BrettUpdate via The Hill:
While Bernanke said the Fed would likely keep interest rates bottomed out for “an extended period,” he was mum on any future easing purchases. While acknowledging the “headwinds” facin…
If you knew a dangerous virus was about to hit America and that you could beg the government for a vaccine, you’d probably do it, wouldn’t you? That’s just what states and businesses alike are doing right now in preparation for Obamacare. But rather than seeking a vaccine, they’re asking for waivers from the law’s…
Federal Reserve chairman Ben Bernanke has delivered yet another ominous prediction about Dodd–Frank fallout, telling the Senate Banking Committee last week that government dictates on debit card fees “could result in some smaller banks being less profitable or even failing.” Although not the first to recognize the problem, the Fed chairman’s remarks certainly strengthen the…
By Matt HawesBelow is Congressman Paul’s opening statement from his House Monetary Policy Subcommittee hearing earlier today on the relationship between the Federal Reserve and government debt.
I am very pleased to hold this hearing today. For far t…
Writes Ron Paul: “Last week the media focused on President Obama’s basic eligibility to be president while ignoring the unconstitutional manner in which he governs”