Tag Archive for Wsj

The Wall Street Journal Pines for the Return of Liar’s Loans – Bill Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…

Consumer Sentiment Stinks – WSJ

The Thomson Reuters/University of Michigan consumer sentiment index fell sharply to 74.1 in early June from its final-May reading of 79.3 and an early-May reading of 77.8, according to an economist who has seen the report. The end-May index was the highest sentiment level since October 2007. Follow the money. Find the profits!Liquidity is money.…

Easing Inflation Pressures Suggests Fed Might Ease But Wonks In The Basement Say No!

Consumer prices are stabilizing… Recently, oil prices have tumbled and core inflation — which excludes volatile food and energy prices — has flattened out, with prices settling about 2.3% higher than a year ago. Easing price pressure should give some comfort to Federal Reserve officials before next week’s policy meeting. via Vital Signs: Easing Inflation…

Cost to Raise a Child: Around $300,000, Not Including College – Say Goodnight, Gracie

The U.S. Department of Agriculture prepares an annual report about families’ expenditures on children for use in developing state child-support and foster-care guidelines. Annual child-rearing expense estimates ranged between $12,290 and $14,320 for a child in a two-child, married-couple family in the middle-income group, which is defined as a before-tax income between $59,410 and $102,870.…

ZIRP Bernankecide compounds problem of Baby Boomers losing inheritance, going broke supporting destitute parents- Video

For a 61 year old contributing to the support of a mother with Alzheimers, whose savings have been wiped out earlier than expected by ZIRP Bernankecide, the piece below from the WSJ hit home. What the article does not mention, not once, is the role that ZIRP Bernakecide plays in this unfolding catastrophe. The WSJ…

Bankster Bosses Complain of Tension With Fed Over Pay – Hey Banksters, Eff You!

A group of U.S. bankers has told top Federal Reserve officials that regulators’ focus on restraining bankers’ pay is creating “unnecessary tension.” At a meeting last month with Fed Chairman Ben Bernanke and other top officials, executives said the Fed’s goals for bankers’ incentive compensation are a source of friction with regulators… … members, including…