The Idea That Won’t Die: How Taxing Cars by the Mile is Back on the Agenda Again

Pete Kasperowicz The Blaze 6/13/2014

…CBO imagines collecting the tax by fitting each car with a device that tracks how far the car has gone. That data could be read electronically whenever someone uses a toll or stops at a service station for gas.

While CBO admits there are some privacy issues involved, it suggested […]

Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years

Paul Bedard The Washington Examiner 1/21/2014

Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the realunemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

In a memo to clients provided to Secrets, […]

Obama Appointee Says Obama’s Policies Have Stalled Economy

Income Inequality Up as a Result of ‘Policies We’re Pursuing to Jumpstart the Economy’

Bill McMorris The Washington Free Beacon 8/21/2013

An Obama appointee and the CEO of Pacific Investment told a crowd at the National Press Club that Obama’s economic policies have fostered income inequality and that political squabbling is stalling economic recovery.

Mohamed […]

‘Markets Under The Spell Of Monetary Easing’ Bank Of International Settlements Finds… Same As ‘Then’

…[Fannie Mae and Freddie Mac are] adequately capitalized. They are in no danger of failing…

 

Tyler Durden Zero Hedge 6/2/2013

Then….

Ben Bernanke 7/1/2005, CNBC interview:

INTERVIEWER: Tell me, what is the worst-case scenario? We have so many economists coming on our air saying ‘Oh, this is a bubble, and it’s going […]

WSJ: Federal Reserve Mapping Exit From Stimulus

The Lonely Conservative 5/10/2013

Is QE Forever going to come to an end? Maybe, sort of, but we don’t know when. The Wall Street Journal reports that the Federal Reserve is now starting to map its exit strategy from ongoing bubble inflation, er, I mean stimulus.

Federal Reserve officials have mapped out a strategy for […]

Stockman Warns of Crash of Fed-Fueled Bubble Economy

Richard Rubin Bloomberg 4/1/2013

The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

In an essay published yesterday in the New York Times (NYT), Stockman wrote that the Fed’s quantitative easing […]