Fairy Tales in the Fantasyland of Washington D.C.
Chuck Schumer, the liberal democratic senator from New York is out with some post-election blather on the fiscal cliff. Schumer and his liberal allies...
RIP Economic Freedom
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse...
Housing Recovery: Your Best Investment Today or Already Overplayed?
Yesterday the Census Bureau released the September report on the number of Housing Starts and Building Permits. Both increased much more than expected—permits surged...
The Burger Flipper Recovery Continues
The Bureau of Labor Statistics released the September employment report today. The headline numbers are an increase in non-farm payrolls of 114,000 and an...
Fed Looks to Ramp up QE-Infinity
Jon Hilsenrath, the Fed mouthpiece at the Wall Street Journal is out with a piece this morning describing how Mr. Bernanke built a consensus...
The Peril of a Monetary Politburo
We’ve written plenty about the Fed and QE-infinity on this site over recent days, so we had planned to lay things to rest for...
Bernanke: To Infinity and Beyond!
In case you missed it, last week Ben Bernanke rolled out another misguided money printing campaign. This isn’t QE3, it is QE-infinity. The Bernank...
The Short and Sweet of the FOMC Meeting
The Fed announced today that it would restart the printing press at a rate of $40 billion per month. The newly printed money will...
The Burger Flipper Recovery
Here is a shocker for you. Are you sitting down? Some of you might not like what I am about to say, but it...
Into the Abyss: The Bernanke Fed
Late yesterday, the Federal Reserve released the minutes from their last policy-setting meeting. In the minutes, Bernanke & Co. all but guaranteed investors that...