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Is the recession really over?

Is the recession really over?

On September 15th Ben Bernanke said that the recession is basically over in a statement that rang so loudly, the stock market shot up like a weed after a rainstorm. Well, it was just over half a percentage point for the Dow today, but up …

How wrong was Ben Bernanke?

Over the past few years, it looks more and more like Ben Bernanke has been very, utterly wrong when it comes to the economy. Between 2005 and 2007 he stated over and over that there was nothing wrong with our market or our economy. He …

The government may acutally be leaving the free market

The government may acutally be leaving the free market

Well…maybe not, but it looks like the Federal Reserve may be stopping any new efforts to “revive the economy” at its meeting this week. According to economists, Chairman Ben Bernanke and his colleagues don’t want to “overdo” the stimulus medicine and that “stimulating the economy” …

Fed Allegedly Threatens BoA CEO

Fed Allegedly Threatens BoA CEO

Republicans say that the Federal Reserve threatened to oust Bank of America CEO Kenneth Lewis if they did not follow through with the plans to overtake Merrill Lynch & Co. This came after they reviewed investigation documents. They also said that there was evidence that …

Ben Bernanke: Commissioner of the Economic Police Department?

Ben Bernanke: Commissioner of the Economic Police Department?

If it is not bad enough that the Federal Reserve has almost unlimited control over money and interest rates and can totally control the market from an office building, the Obama administration is proposing that the Federal Reserve serve as a regulator to detect activities …