Aug 30 (Reuters) - Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday. Remember, Germany's the economic engine of Europe, and China is the economic [...]
Reuters: the new, improved underwear bomber was planted in the "conspiracy" by the intelligence community: Would-be suicide bomber was U.S. informant By Mark Hosenball and Tabassum Zakaria WASHINGTON | Wed May 9, 2012 5:22pm EDT (Reuters) - The would-be suicide bomber in a plot by al Qaeda's Yemeni affiliate was planted in the group by [...]
Taxes have consequences, and Obamacare is a tax. Reuters: Nov 10 (Reuters) - Medical device maker Stryker Corp said it will cut 5 percent, or about 1000 jobs to largely offset costs related to the scheduled implementation of the new Medical Device Excise Tax in 2013. "While it is still uncertain whether the device tax [...]
What Do We Call It When An Unelected, Unaccountable, And UnAuditable NGO Engages In “Fiscal Policy”?
"FEDERAL RESERVE BANK OF THE UNITED STATES" (Reuters) - The Federal Reserve's latest easing program is fiscal, not monetary policy, and does not have much credibility, Philadelphia Federal Reserve Bank President Charles Plosser said on Wednesday. Treasury debt issuance could undo much of the effect of the Fed's attempt to lower borrowing costs, known as [...]
If, twenty years ago, someone would had told you that this government would someday grant itself the right to deliberately target and kill American citizens, would you have believed them? Does the Constitution, anywhere, sanction the deliberate murder of American citizens, without a trial, by the government for any reason at all? If this government [...]
I have long maintained that the central bank is an instrument of private mega-banking policy, and that that policy is quite simple: attach to an economy and suck the life out of it like a vampire. This makes the central bank similar to Renfield in Bram Stoker's gothic novel Dracula. Any central bank must be [...]
...the end of the beginning. Reuters has just reported that Paul Volcker is leaving his post as head of the President's Economic Recovery Advisory Board. It has always been my opinion that Volcker was asked to lend his street cred to the Fed's reinflation efforts. His reputation as the inflation fighter who broke the back [...]