American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more... Read more...
The global banking elite are preparing to assault Americans with two huge new tax increases as President Obama contradicts the assurances of White House aides and his own campaign trail promise by asserting that a VAT tax is still on the table, as the IMF outlines a new tax on financial transactio... Read more...
The Wall Street reform bill headed for a test vote on the Senate floor Monday night will allow the Federal Reserve to continue to pump trillions of dollars into major banks largely in secrecy, the co-author of House language that would open the central bank to an audit charged in a memo to the Sen... Read more...
Judging by Ben Bernanke’s recent abnormal behavior, we are quite confident the Fed forgot to add at least three zeroes to the latest version of the Benjamins. Here is how the government is spending money to recreate old money, just so it can print even more money. Read more...
Is the Federal Reserve forever blowing bubbles? With interest rates hovering at historic lows, some economists and investors fear the Fed's easy-money policy could create another asset bubble. But others don't see a need to hit the panic button just yet. Critics want the central bank to start ... Read more...
(CNNMoney.com) -- If you haven't heard, big changes are soon coming for the credit card business. The CARD Act, which was signed into law last May, will finally go into effect Monday, meaning big changes for the millions of card-carrying Americans across the country. Among other things, it w... Read more...
NEW YORK (CNNMoney.com) -- The Federal Reserve made it clear Thursday that the hike in its emergency lending rate won't mean a thing for the interest rates paid by consumers and businesses any time soon. Now, the debate is whether it was right to make that promise. There are plenty of expert... Read more...
For U.S. Representative Ron Paul, the ninth time may be the charm. After fighting for decades to increase scrutiny of the Federal Reserve or abolish it, the Texas Republican’s proposal requiring audits of the central bank’s interest-rate decisions is getting traction. The long-shot 2008 pres... Read more...