The quantitative easing programs initiated by former Federal Reserve Chair Ben Bernanke has prompted the United States central bank to have a balance sheet that has swelled beyond $4 trillion. With the third round of QE dwindling – and the possibility of a fourth edition – what does the Fed plan to do with the […]
Archives for October 2014
Who are the biggest spenders on lobbying in Washington?
Politico has a new report out looking at the biggest spenders who concentrated their efforts on lobbying in Washington in the third-quarter, a favorite pastime for a variety of corporations and industries that seek to gain the favor of our esteemed officials. In other words, damn the free market and the people for legislation that […]
Has the market killed cable television? Infographic looks to answer that
Instead of paying outlandish cable bills in excess of $100 per month, consumers are turning to their computers and smart devices to stream their favorite content. By simply connecting an HDMI cord from the computer to their television, viewers can enjoy the latest shows in the same way they could’ve done through their set-top box. […]
No, Paul Krugman, Amazon is great for America
Everyone’s favorite Keynesian economist Paul Krugman is out with a column arguing Amazon is a hazard to the United States and it will eventually hurt the country. Krugman, like many other times, is completely off the mark in his digressions that it’s cause for concern why anyone really listens to his opinions anymore. Anyway, Krugman […]
Peter Schiff: Ending QE will plunge U.S. into a recession (videos)
Peter Schiff, president of Euro Pacific Capital and bestselling author of “Crash Proof,” has participated in two interviews over the last couple of days; one with the Fox Business Network and the other with CNBC. In both interviews, he reiterated what he has been saying for several months: the Federal Reserve will likely introduce another […]