Showing posts with label bernanke. Show all posts
Showing posts with label bernanke. Show all posts

The New Definition of Money

Posted by Mike at 1:52 AM

netIt all depends on what the definition of "money" is.

Peter Schiff: Gold is Money

Posted by Mike at 1:50 AM

Schiff is as "good as gold" in this early 2008 interview on Fox Business. Money retains is value. Dollars, on the other hand, don't retain their value because Ben Bernanke is printing them like crazy.And, he warns of coming bankruptcies for Freddie and Fannie.Are people listening now?

Money Minute: Vytorin, Banks, Bernanke

Posted by Mike at 2:47 AM


BusinessMoney Minute: Vytorin, Banks, BernankeMoney Minute: Vytorin, Banks, BernankeThe Associated PressA new study shows that the cholesterol drug Vytorin doesn't lower the risk of major heart valve problems and need for related surgical procedures. The AP's Mark Hamrick reports on that and Monday's other toheadlines. (July 21)The cholesterol drug Vytorin doesn't lower the risk of major heart valve problems and need for related surgical procedures. According to a large-scale study, Schering-Plough and Merck's drug was no better than placebo at lowering a the risk of major cardiovascular events. Vytorin also failed to meet one of its two secondary goals, which both involved reducing certain types of heart problems.--------------------------Bank of America said its second-quarter profit fell 41 percent. But the nation's second-largest bank still beat Wall Street expectations. Bank of America reported income of $3.41 billion, or 72 cents per share, on $20.32 billion in revenue. That compared with net income of $5.76 billion, or $1.28 per share, on $19.63 billion in revenue a year earlier.--------------------------Federa l Reserve Chairman Ben Bernanke has taken extraordinary steps to ease the nation's economic problems. His own finances are a bit more straightforward. The chairman's financial disclosure form shows his holdings last year were in no-frills investments, including U.S. Treasury securities, Canadian Treasury bonds, mutual funds and annuities. Bernanke's salary last year was $186,600. This year it rises to $191,300. ___ ___, The Associated Press.(****END****)

Money Minute: Fed Signals More Cuts, MSFT Fined

Posted by Mike at 2:46 AM


The Federal Reserve may not be done cutting interest rates, Microsoft punished with a $1.3 billion fine and Google stock continues its free-fall. (Feb. 27)

Money Minute: Bernanke, Gas, Gates

Posted by Mike at 2:46 AM


Federal Reserve Chairman Ben Bernanke says there's been "tentative signs" that the recession may be easing. The AP's Mark Hamrick reports. (April 14)

Goldman Sachs Bribed Senate To Pass Bailout Bill

Posted by Mike at 2:42 AM


More at com--Complete CONTRIBUTION LIST: com/g...How much bribe money does it take to transfer $700 Billion taxpayer dollars to Wall Street's elite?GOLDMAN SACHS CONTRIBUTIONS:Obama, Barack (D-IL) $691,930Clinton, Hillary (D-NY) $468,200Romney, Mitt (R) $229,675McCain, John (R-AZ) $208,395Himes, Jim (D-CT) $114,748Giuliani, Rudolph W (R) $111,750Dodd, Christopher J (D-CT) $105,400Edwards, John (D) $66,450Specter, Arlen (R-PA) $47,600Emanuel, Rahm (D-IL) $32,950Reed, Jack (D-RI) $30,100How much money did your Represenative get from Big Bankers to look the other way and pass a bill that the American people clearly do not want?HELP SPREAD THE WORD...com--