Daily BeastFeds eye fix to loan$New York PostBy WILSON DIZARD For some students' federal college loans, Uncle Sam might be ready to forgive and forget. The Student Loan Forgiveness Act of 2012 aims to erase the federal student loan debt of academia…
On Monday, Bernanke emerged from his lair and jawboned QE3 into virtual existance, again sending the market skyrocketing. Before I go much further, I want to put up a chart I stole from Zero Hedge, who stole it from Strategas Resea…
Three years ago the most-powerful instutitions in America were the nation’s largest banks and brokerages, Wall Street for short.
While millions of people were losing their homes, their jobs and their savings, the nation’s elite extracted a $700…
The Federal Reserve is a criminal syndicate buying debt that the government eagerly creates and sells for spending money that dumps the debt on us civilians. What perplexes me is that the scam is so simple and all the intellectuals either don’t get…
June 9, 2011 Special Update
Note from Doug: The latest Z.1 Flow of Funds, data through Q1, was released today at 12 PM EST. The balance sheet data on which Q is calculated have undergone very substantial revisions. I’ll post a separate commentar…
May 26, 2011 Analysis from Chris Kimble
While we wait for this morning’s weekly unemployment claims and Uncle Sam’s second estimate for Q1 GDP, technical analyst Chris Kimble gives us something to ponder. More…
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Americans depended more on government assistance in 2010 than at any other time in the nation’s history, a USA TODAY analysis of federal data finds. The trend shows few signs of easing, even though the economic recovery is nearly 2 years old.
A record…
The Treasury market got the boost expected from the bill paydowns this week. The $24 billion net paydown figure included $17 billion in CMB expirations…
I made a little chart yesterday for a free podcast that I didn’t have time to post over on Radio Free Wall Street. I’m discovering…
