by Jane Richey | Nov 14, 2012 | Fiscal Responsibility, Politics
With the artificially low interest rates promoted by the Federal Reserve with Quantitative Easing and Operation Twist, there are winners and losers as well. By the Fed’s own admission, the purpose of the current monetary policy is to significantly reduce...
by Jane Richey | Sep 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Chairman Ben Bernanke sent a clear message Friday that the Federal Reserve will do more to “help” the still-struggling U.S. economy. His remarks seemed to leave two questions: What exactly will the Fed do? And when? It’s no longer a matter of “if.” It’s going to...
by Jane Richey | Aug 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
A third round of “quantitative easing” could be coming soon from the Federal Reserve if the economy does not pick up steam, according to minutes released Wednesday. Several members of the Federal Open Market Committee (FOMC) said the Fed will need to do...
by Jane Richey | Aug 6, 2012 | Fiscal Responsibility, Politics
President Obama is attempting to convince all of us that everything is just fine and that the economy is heading in a positive direction. Well, the truth is that everything is not fine and things are about to get a whole lot worse. Certainly others should share in...
by Jane Richey | Jul 31, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Some Federal Reserve officials are reviving an idea that rose and fell with Alan Greenspan, the former Fed chairman, as they seek to persuade colleagues to take new action to stimulate growth. Central bankers generally set policy based on their judgment about the most...