Archive for the ‘Economy’ Category

I am not a Ukrainian. But, the creator of this video is and it should make us all feel like we are. Watch it. Share it. Send it to your representatives. It’s not your problem. True. But all of our collective voices might be part of the solution. (Link)

I’m not trying to suggest a “dooms-day” scenario will materialize. However, the longer the Fed continues to pump up the economy, the harder it will be to return to normal. The Fed is paying interest on bank reserves for one reason, to keep the money in reserve and out of the economy. If so, why would the Fed continue adding $55 billion per month? As I said, it is purely psychological. After all, people will spend more if they actually are richer or if they believe they are richer. In this case, it seems to be the latter.(Link)

LinkWookieepedia: Link was a MC80a Star Cruiser belonging to the Rebel Alliance.

The ugly rash of financial services executive suicides appears to have spread once again. (Link)

 

The US economy added just 113,000 jobs in January, as the unemployment rate edged down to 6.6 per cent – dashing hopes of a steady acceleration in the recovery and posing a challenge to Janet Yellen in her first weeks as Federal Reserve chair. (Link)

LinkWookieepedia: Link was a MC80a Star Cruiser belonging to the Rebel Alliance.

reality isn’t close to what we think it is. (Link)

LinkWookieepedia: Link was a MC80a Star Cruiser belonging to the Rebel Alliance.

You don’t have to ask major U.S. corporations if the middle class is dying. (Link)

LinkWookieepedia: Link was a MC80a Star Cruiser belonging to the Rebel Alliance.

Terry Burnham, former Harvard economics professor, author of “Mean Genes” and “Mean Markets and Lizard Brains,” provocative poster on this page and long-time critic of the Federal Reserve, argues that the Fed’s efforts to strengthen America’s banks have perversely weakened them. (See our 2005 segment with Burnham below about how “lizard brains” influence our economic decisions.) (Link)

LinkWookieepedia: Link was a MC80a Star Cruiser belonging to the Rebel Alliance.

AM TV

Posted: February 3, 2014 in Economy
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