federal reserve

Yawn. Nuthin to see here.

Go spend some rebate checks...

(NYT)

Bush and the Republicans have, at least as far back as my rather lousy memory can take me, have not had a very good record of creating decent jobs, especially when compared with Slick Willy C (not to be mistaken for the

Bernanke's getting scared....

Bernanke's Federal Reserve Freakout

Interesting discussion by Blim here....

(From 3Quarks Daily)
Those Chickens: The Economic Crisis and America’s Poor and Struggling

Michael Blim

It’s better to be rich – hardly a surprising claim.

ACORN is much more than just "advocates for homeowners" as they have their fingers in lots of different battles, but they are primarily proponents of a real "living wage" for workers in the US.

The federal reserve announced that bank credit has tightened. Not startling news, but the implications might catch small business owners by surprise.

From the Tennessean:

Southern Beale is smarter than she looks.
I don’t understand why the Federal Reserve continues to lower interest rates to deal with this issue. Lowering interest rates only makes things worse by devaluing the dollar, making the price of foreign made imports (*cough*cough*oil*cough*cough*) more expensive, which then makes everything else more expensive. It’s a vicious cycle.

Finally, somebody is calling on the Fed to strengthen the dollar.
When Federal Reserve governors meet today, they should consider that solutions to their twin challenges – a flagging economy and systemic moral hazard in financial markets – have common roots in a stable dollar. One of the primordial lessons of economic history is that sound [...]