FED FOCUS-Rise in US Treasury yields may trigger more Fed buying

Forbes.com — By Alister Bull

WASHINGTON, May 28 (Reuters) – Rising U.S. government bond yields could force the Federal Reserve to expand a massive program to buy Treasury and mortgage-related debt, and if it does, it may need to be much more aggressive to be effective.

The Fed’s second-in-command Donald Kohn gave a clear signal [...]

Striker101: the well-deserved end of Digg.com

I have wasted most of this past 13 months on Digg.com, in futile jousting with immoral collectivists who do not and will not understand the morality of the personal right to life of each individual on this planet, who seek to use the Force of government to negate our right to property, and don’t give [...]

The Importance of Failure

Failure is no fun, but it does teach essential lessons. We shouldn’t miss out on those lessons simply because we think we can afford to bail people out. Instead of trying to abolish failure via bailouts, we should let markets work, let failure run its course, and be so much the wiser for it.

…There’s [...]

The Mother Of All Frauds – the bailout proposal

Market Analyst Karl Denninger gives a chilling analysis of the current proposal for solving the financial meltdown which will be considered by Congress.

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