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Blueprint for Financial Regulatory Reform

In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...

Posted to Economics Questions (Forum) by Sailor on Sun, Mar 30 2008

The Definition of Insanity...

It was Albert Einstein who stated that the definition of insanity is "doing the same thing over and over again and expecting different results." After the FED's cutting of interest rates by three-quarters of a point today , those of us wary toward centralized banking and the socialization...

Posted to Veritas (Weblog) by zsignal on Tue, Mar 18 2008

Austrian Econ on Bloomberg.com

Has anyone else seen (or rather heard) the interview with Jim Rogers on today's Bloomberg.com? He said the US government is lying about us being in a recession, that there has never been a soft landing, etc. Very Austrian. He moved to Singapore and has no investments in US Dollars, has shorted all...

Posted to Economics Questions (Forum) by Donald Lingerfelt on Mon, Feb 25 2008

Re: A video on banking today

Thanks for posting the link. I thought the video was interesting but I don't agree with a lot of what it says. Here are my main disagreements: -The author seems to think that a constantly growing money supply is necessary. -The film condemns all credit transactions where interest is charged, as opposed...

Posted to Economics Questions (Forum) by John Stabbyman on Sat, Dec 8 2007