As Jon Stewart points out and HT has alluded to, the FED secretly loaned out 7.7 TRILLION dollars around the time that they also publicly loaned out almost a Trillion in TARP money.
http://www.hulu.com/watch/306290/the-daily-show-with-jon-stewart-thu-…
Yesterday – I sent this to a friend who is eastern US sales manage for a window manufacturing company:
Subject: Remodeling activity
Hi xxxx. Hope you are seeing this in your world.
http://www.calculatedriskblog.com/2011/09/residential-remodeling-inde…
“In bull markets – usually when things have been going well for a while – people tend to say ‘Risk is my friend. The more risk I take, the greater my return will be. I’d like more risk, please.’ The truth is, risk tolerance is antithetical to successfu…
Bill Bonner at his best…
Here’s a subject you’re going to hear more about: wealth inequality. The rich have gotten richer. The poor have gotten poorer. People don’t know why. But they don’t like it. And they figure it has something to do …
Bill Bonner at his best…
Here’s a subject you’re going to hear more about: wealth inequality. The rich have gotten richer. The poor have gotten poorer. People don’t know why. But they don’t like it. And they figure it has something to do …
