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How The Fed Steals From Savers

A recent article by Charles Schwab merits our attention: http://online.wsj.com/article/SB10001424052702303429804575149633264117248.html In February 2006, when Ben Bernanke was first sworn in as chairman of the Federal Reserve, the federal-funds target rate stood at 4.5%. That same [...]

By |April 26th, 2010|Uncategorized|

Financial Regulation – Cui Bono?

We are all being treated right now to the spectacle of Washington DC functioning at its finest: shaking down a major industry for campaign contributions. They just did it with "Health Care Reform", and now [...]

By |April 22nd, 2010|Federal Reserve|

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