Tag: december

July 29, 2015 0

Fed Sheds No Light, Plays Charades with Media; Tiptoe Balancing Act

By News Desk

Fed Sheds No Light, Plays Charades with Media; Tiptoe Balancing Act Fed Says Little, Sheds No Light If the Fed had a clue as to what it will do in September, it likely would have said so. Instead, it reiterated the same hash we have been hearing for years. Here is the complete text of today’s FOMC Press Release

July 24, 2015 0

What Happens When Public Unions Control Everything for Decades? (Hint: Look at Chicago and the State of Illinois)

By News Desk

Here is a  lengthy snip from Bargo’s recent, well-written article Public Pensions Prove Zero Sum Economics . One of the major appeals in Democrat presidential campaigns  is to explain to voters that they need Democrats in office to take money away from the rich. And since the rich own big corporations, they will pay workers as little as possible.

July 16, 2015 0

Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal

By News Desk

Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal In 2010, Jean-Claude Juncker, current European Commissioner president, made a pledge to UK Prime minister David Cameron, to never again use the ESM to bail out another eurozone country. Cameron’s concern was that he did not want to put British taxpayers at risk for eurozone sponsored bailouts.