‘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 […]

Treasury Gets a Citibanker

From Wall Street failure to the pinnacle of finance in four short years.

The Wall Street Journal 1/28/2013

There was a time when you had to be successful on Wall Street to become secretary of the Treasury. Now along comes presidential nominee Jack Lew, whose only business credential is a stint at the most troubled […]

Reconsidering Michele Bachmann

John Hinderaker PowerLine 1/21/2013

The Washington Post reports today that al Qaeda’s successful attack on the Algerian natural gas plant has greatly boosted al Qaeda’s prestige in Africa. Along the way, the Post notes rather casually:

The assailants were well-trained and armed with what appear to have been weapons from the late Libyan leader Moammar […]

Dodd-Frank’s Problems — and Potential Solutions

Michael Barone Rasmussen Reports 1/7/2013

Over the next year, we will probably see much controversy over the implementation of Obamacare. Health insurance is something that almost every adult has some acquaintance with, and there seem to be glitches aplenty in the legislation, much delay in issuing regulations and some possible changes resulting from litigation.

We’re […]

Maxine Waters’ Ethics Case WILL Proceed

Jeff Dunetz Yid With Lid 6/6/2012

When ethics charges were brought up against California Rep Maxine Waters in 2010 she responded with cries of racism and unfair practices from the committee’s lawyers that violated her rights. The truth was the ONLY thing unfair was that Ms. Waters may have helped her husbands bank receive TARP […]

Court: Marine can’t challenge Shariah

Bob Unruh WorldNetDaily 6/1/2012

A federal appeals court says a Marine can’t challenge a U.S. government subsidy for a program that promotes Shariah, that radical Islamic law that includes chopping off hands for theft and beheading for leaving Islam.

The ruling came today from Alan Norris, Eric Clay and Allen Griffin, judges on the 6th […]

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