The Truth About Unemployment Spinning the Economic News Question for Bernanke:
By Washington's Blog
The FDIC expects 500 banks to fail in coming months. Continue
By Paul Craig Roberts
By spinning the financial news, the appearance of recovery is created, and this lures people back into the stock and real estate markets where they can lose the remainder of their wealth.Continue
"Do You Have the Cojones to Raise Rates?"
By Mike Whitney
Bernanke should welcome the opportunity to show everyone how he's pulled the world's biggest economy back from the brink of disaster. All he needs to do is stop giving away free money, shut down a few of his so-called lending facilities, and stop manipulating interest rates by purchasing mortgage-backed securities (MBS) from Fannie and Freddie. How hard is that? Continue
Thursday, 13 August 2009
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