Fed's $1.2 Trillion In Financial Sector Loans 'A Classic Case Of Moral Hazard'

Fed's $1.2 Trillion In Financial Sector Loans 'A Classic Case Of Moral Hazard': During the 2008 financial crisis, when the nation's banking system seemed on the verge of collapse, President George W. Bush authorized a $700 billion bailout of the financial industry. The U.S. Treasury implemented that program, known as TARP, in an effort to stave off economic catastrophe.
At the same time, and in the years that followed, the Federal Reserve was undertaking its own rescue operation, in the form of private, previously undisclosed loans to banks and other institutions -- lending as much as $1.2 trillion, nearly twice the amount of the Treasury bailout, according to a data analysis performed by Bloomberg News and published on Monday.

One Thing Became Clear This Week: The Fix Is In

One Thing Became Clear This Week: The Fix Is In: "This week’s wild actions on Wall Street should serve as a stark reminder that few investors have any clue as to what is really going on beneath the surface of America’s troubled economy. But this week did bring startling clarity on at least one front. In its August policy statement the Federal Reserve took the highly unusual step of putting a specific time frame for the continuation of its near zero interest rate policy"

Beyond The Fed Transfers And Debt Spending: 95% Of Americans Are Getting Poorer Every Year

Beyond The Fed Transfers And Debt Spending: 95% Of Americans Are Getting Poorer Every Year: "Here's the Great Game: mask the nation's rising wealth inequality with Central State spending that keeps the debt-serfs passive--all funded by debt, of course."

David Stockman on Bernanke, Debt Ceiling, Taxes | The Big Picture

David Stockman on Bernanke, Debt Ceiling, Taxes | The Big Picture: "Former CBO director David Stockman and panel taks about the Federals Reservs acknowledgement of dissapointing growth, higher inflation and a weakening labor market."

Ac-cent-tchu-ate the Positive: The New Accounting at the Fed - Robert P. Murphy - Mises Daily

Ac-cent-tchu-ate the Positive: The New Accounting at the Fed - Robert P. Murphy - Mises Daily: "Back in early January, the Federal Reserve made an obscure announcement in its weekly report. It appeared to be an inconsequential accounting change in the treatment of earnings, and was sold as a step toward greater transparency"

QE2 Fuels a Global Fury - Mark Thornton - Mises Daily

QE2 Fuels a Global Fury - Mark Thornton - Mises Daily: "The Federal Reserve has been busy the last three month pumping up the money supply by $300 billion dollars, with much more promised in the months ahead. Some of the results have been painfully predictable, others less so."

VIDEO: The Fed Celebrates A Century Of�Domination - Home - The Daily Bail

VIDEO: The Fed Celebrates A Century Of�Domination - Home - The Daily Bail

Activist Post: Ron Paul Discusses Ending the Fed (VIDEO)

Activist Post: Ron Paul Discusses Ending the Fed (VIDEO)