Dallas Figures released by the Federal Reserve indicate that citizen wealth by some indices is recovering almost to pre-recession levels. According to the Wall Street Journal: The net worth of U.S. households and nonprofit organizations—the values of homes, stocks and other assets minus debts and other liabilities—rose 2.6%, or about $1.9 trillion, in the third …
Tag: Federal Reserve
Counting the Votes against Larry Summers at the Federal Reserve
New Orleans Counting the votes seems to be an increasingly big challenge for President Obama and his Administration. The most well known problem today involves Syria where he can’t seem to get the United Nations Security Council or a majority of the G-20 largest industrial countries to back military strikes in that country to protest with …
New Banking Regulations, Who Needs ‘Em?
New Orleans Someone having folks over to the White House for cokes and coffee with the President doesn’t seem like much of a visit to the woodshed, but, hey, I guess a fella has to do something to be heard and heeded by his appointees even if he is the boss and the President of …