The Black Flag of Freedom
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Category Archives: The Fed
Matt R. sends this article on Real Clear Markets by Robert Samuelson titled “Trust In Macroeconomics Has Been Shattered“. At reading the title my first thought was “Awesome!!!!” But alas, I believe Samuelson is being a bit too dramatic. Samuelson … Continue reading
On my way home from the airport today, I caught Here & Now on NPR. There were three stories in a row that deserve commenting, but I’ll keep it short. First up was an interview with Sallie Krawcheck, formerly one … Continue reading
Remember the dotcom bubble? I just saw this commercial and couldn’t believe it was a real thing, or at least not a commercial for razor blades.
Stock markets fall after US Fed comments Do not worry, average American. The FED does not have too much power.
It’s once again time for open enrollment in my company’s “healthcare” plans. Of course, the premiums have gone up again this year. We contemplated not enrolling and just buying a catastrophic policy. Interestingly, it is quite difficult to find these. … Continue reading
I ran across this headline today in the Wall Street Journal. Stanford Sentenced to 110 Years in Prison for Ponzi Scheme Supposedly this guy R. Allen Stanford defrauded people of $7 billion and got 110 years in prison. If that … Continue reading
A friend sent this to me. I’ll comment inline. CHANGES ARE COMING… 1. The Post Office. Get ready to imagine a world without the post office. They are so deeply in financial trouble that there is probably no way to … Continue reading
In one of today’s idiotic posts, Debt Is (Mostly) Money We Owe to Ourselves, Krugman says: People think of debt’s role in the economy as if it were the same as what debt means for an individual: there’s a lot … Continue reading
Darth Vader presents inside info on how the Rebel Alliance obtained plans of the Expeditionary Battle Planetoid (popularly referred to as the Death Star). Vader sat down with Empire News correspondent Nina Tamplar. Begin transcript. Empire News (EN): Lord Vader, … Continue reading