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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 109-120
  • A way around the debt-limit impasse

    A way around the debt-limit impasse
    Contrary to conventional wisdom, the United States does not have to default on its debt, and the Social Security and Medicare checks can continue to go out, even if Republicans and President Barack Obama cannot strike a deal to raise the debt ceiling by...
  • Rick Perry: Macho, macho man

    Rick Perry: Macho, macho man
    Yes, Rick Perry might seem a little, well, out there with some of his public statements. But the Texas governor has something that our current commanded-in-chief lacks: Overt machismo.  And this cannot be underestimated. Macho men have a long history...
  • The GOP's 2012 election strategy: Wreck the economy

    It is time to dispel a few myths. First, we are not overtaxed but under-taxed. Federal personal and corporate tax receipts expressed as a percentage of gross domestic product are at 14.1 percent, the lowest rate since 1951. The Bush tax cuts have been in...
  • The Federal Reserve, a nice racket to be in

    I heard the chairman of the Federal Reserve say he's fighting deflation because it would be bad for the government. It would cause less money to be collected in taxes. He was suggesting inflation would be better for the government even though it will hurt...
  • The Donald reveals his decision with humility (almost)

    The Donald reveals his decision with humility (almost)
    Rejected first draft of Donald Trump's final announcement about his political intentions in 2012. First, let me say how proud I am of myself for heckling Barack Obama until he produced the "long form" of his birth certificate, something no white...
  • Federal Reserve sets limits on debit card swipe fees, leaving merchants and banks unhappy

    Federal Reserve sets limits on debit card swipe fees, leaving merchants and banks unhappy
    You might not have paid attention to the fierce yearlong battle between merchants and banks over debit cards, but you'll likely notice last week's outcome in your wallet. The dispute was over the debit card interchange fee — the payment merchants...
  • GMAC dropping 250 Maryland foreclosure cases

    GMAC Mortgage said Tuesday it is dropping about 250 Maryland foreclosure cases that were apparently "robo-signed," giving homeowners a second chance to save their properties — and raising the possibility that other lenders might follow suit. The...
  • Federal Reserve reveals new interchange fees and everyone is unhappy

    The Federal Reserve released its final rule on interchange fees for debit cards, the fee that merchants pay banks for processing the transaction. The Wall Street reform law required that the Fed make sure the fee was “reasonable and proportional&...
  • Geithner said to consider departure from Treasury

    Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, according to three people...
  • Made (once again) in America

    Made (once again) in America
    When NovaSom Inc. was looking to produce its sleep apnea diagnostic kits, the Glen Burnie-based company didn't look to factories in Asia or Mexico. Instead, it found a manufacturer right off the Beltway in Woodlawn. NovaSom chose Zentech Manufacturing...
  • Mr. Obama, you're no Ronald Reagan

    Mr. Obama, you're no Ronald Reagan
    5.1, 9.3, 8.1, 8.5, 8, 7.1 and 3.9. While that might sound like a controversial series of Olympic curling scores, these numbers in fact add up to a grave problem for PresidentBarack Obama. They are the quarterly percentage gains in gross domestic...
  • The imperial hypocrisy of Harry Reid

    The imperial hypocrisy of Harry Reid
    Senate Majority Leader Harry Reid, a man whose political success is largely attributable to the aura of befuddled incompetence he uses to disarm his adversaries, was a failed Watergate baby. In 1974, a slew of often sanctimonious and very liberal...