A new book by former Reagan budget director David Stockman reveals that during the financial meltdown of 2008, the Federal Reserve “pumped out fresh cash at the rate of $ 700 million per hour, adding another $ 900 billion to its balance sheet in just seven weeks.” As Stockman explains in his book, The Great… Read more »
Posts Tagged: financial
National Financial Capability Month: Is President Obama Setting a Good Example?
Newscom Last week, the President declared April 2013 National Financial Capability Month in an effort to encourage Americans to budget responsibly. This is a commendable goal. However, with the President’s budget more than two months late, it’s worth considering how the President is managing the nation’s finances: He grew the national debt by more than… Read more »
BP to Sell Entire U.S. Wind Power Business for Long-Term Financial Growth of Company
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Heh: Allen West has a better name for farcical ‘National Financial Capability Month’
We’re not buying the president’s risible proclamation calling on Americans to exercise fiscal responsibility this April, and neither is former GOP Rep. Allen West. West prefers a more honest name: Nat’l Pony Up Your Hard-Earned Capital by Way of Onerous Taxation Month. That’s much more suitable, no? Source: Twitchy » US Politics