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By Striker, on May 28th, 2009 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 [...]
By Striker, on March 12th, 2009 Ever wondered why there aren’t more “criminals” in this whole mortgage mess? Why there aren’t more mortgage broker perp walks? After all, they were predatory lenders, right? And where are the World-wide manhunts for the Wall Street iBankers escaping extradition? What they did to Iceland was against the law… right? Right?
For those who want [...]
By Striker, on March 3rd, 2009 To All My Valued Employees,
There have been some rumblings around the office about the future of this company and, more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn’t pose a threat to your job. What does [...]
By Striker, on June 7th, 2008 at Yahoo! Answers: Question in regards to the Federal Reserve? The Federal Reserve was established in 1913 and is, therefore, a creature of Congress. The President of the United States nominates members of the Board of Governors of the Federal Reserve, subject to confirmation by the Senate. However, the Federal Reserve is basically free to [...]
By Striker, on June 6th, 2008 Up thru most of 1972 I built custom homes for $15 per SqFt, decent homes with redwood exteriors, turnkey with appliances and carpeting for a small family cost about $17,500. 30 years later, you know it, that same house cost $120,000 or more. You bought your house from a tract builder, and paid $200,000 with [...]
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Morality is not the exclusive province of religion. Real Morality is Principle based on your Right to Life.
Since "Government" exists only as a tool to tax and steal from it's citizens and to then regulate, control, manipulate and redistribute, it is without principle.
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