Tag Archives: Federal Reserve

ECONOMY : The Cascading Effect of Peak Oil

Photo by Mannie Garcia / Bloomberg News.‘Don’t take a weatherman’: Credit Default SwapsBy Roger Baker / The Rag Blog / August 24, 2008 I’m no expert on these financial instruments, but as we used to say, it don’t take a … Continue reading

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ECONOMY : Trickle Down from the Bailouts

‘The federal government is drowning in a sea of red ink’By Roger Baker / The Rag Blog / August 19, 2008 Bernanke and his crew at the fed bailed out Bear Stearns at taxpayer expense because they feared not doing … Continue reading

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The Next Bubble Is on the Way : Credit Card Debt

Why are we all complicit in our own economic servitude? by Danny Schechter / August 11, 2008 Let me try a few words out on you: “Charge It,” “Swipe It” and “Priceless.” You know exactly what I am talking about. … Continue reading

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William Greider : Economic Free Fall

Avenging Angels. Illustration courtesy of The Nation.‘In their haste to do anything the financial guys seem to want, Congress and the lame-duck President are, I fear, sowing far more profound troubles for the country’By William Grieder This article appears in … Continue reading

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Roger Baker :
‘The Fed’s Next Move is Down’

See “The Fed’s next move is down” by John Browne below. ‘The odds thus favor inflation to keep the party going’ By Roger Baker | The Rag Blog | August 8, 2008 This guy lays out the facts of the Hobbsian … Continue reading

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