Dr. Mark W. Hendrickson On July 11,The Center for Vision &Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day,Bernanke made me question my forbearance by telling Congress that a third round of “quantitative easing,” or “QE3,” could be a near-term [...] Floyd and Mary Beth Brown,FloydReports.com Gold isn’t money? How could America get to this point we asked in astonishment upon hearing the Chairman of the Federal Reserve proclaim,“Gold isn’t Money.” No wonder our leaders in Washington misspend our money. They don’t even understand what it is. For those of you without a [...] Dr. Mark W. Hendrickson,FloydReports.com As chairman of our country’s central bank,the Federal Reserve Board,Ben Bernanke is expected to put the economy on a sound footing and foster strong economic growth. Unfortunately,Bernanke faces “mission impossible”—partly because the policies implemented by Congress,the president,and bureaucrats account for much of what happens [...] Floyd and Mary Beth Brown,FloydReports.com The worst economic conditions in recent memory were during the Jimmy Carter era of stagflation. Stagflation was a term coined in the 1970s to describe high unemployment with high inflation. Stagflation is back. Translation:America’s middle class is getting poorer;a record number of middle class workers are [...] Dr. Mark W. Hendrickson,FloydReports.com As Americans increasingly feel the pinch of higher prices for food and fuel,the Federal Reserve’s QE2 policy of creating more money has been called into question. Asked if the Fed bore some responsibility for these vexing price increases,Fed Chairman Ben Bernanke essentially replied,“It’s not our fault.” [...] Dr. Shawn Ritenour,FloydReports.com By the time you read this,Federal Reserve Chairman Ben Bernanke will have held the Fed’s first press conference following a meeting of the Federal Open Market Committee—the Fed committee that controls monetary policy. Leading up to this historic moment,the popular press has repeated a well-rehearsed rhetorical dance as [...] Susan Stamper Brown,FloydReports.com One trip to the grocery store is enough to remind me that the recent uptick in the stock market has no bearing on the cost of living these days. And yet,Federal Reserve Chairman,Ben Bernanke could suggest with a straight face to Congress that we are experiencing a “temporary [...] AFP The Fed Chief is in for a confirmation battle The White House stood firm on the renomination of Ben Bernanke Monday,saying a second term for the Federal Reserve chief was vital to demonstrating stability in the US financial system. “Chairman Bernanke helped the president and the economic team [...] By Kara Rowland,Washington Times These thugs threatened and coerced Bank of America The documents appear to contradict testimony made by Mr. Paulson to the House investigative panel this summer in which he told lawmakers that he and bank executives had not agreed on a dollar amount of TARP funds [...] By John Tamny,Real Clear Markets Bernanke was Bush mistake embraced by Obama Yesterday President Obama confirmed what futures markets seemingly already knew,that Ben Bernanke would be reappointed as Fed Chairman. Whatever one’s opinion of Bernanke,his successes and failures will now reflect on the man who chose to [...] By Ian Swanson,The Hill Controversial decisions aplenty announced while Obama is not in DC President Barack Obama nominated Federal Reserve Chairman Ben Bernanke to a second term on Monday,saying Bernanke had led the Fed through one of the worst financial crises the world had ever seen. | |