Decoding the Objectives of the Fed’s QE2

By: Francis Cianfrocca (Diary)  |  November 5th at 02:09 PM  | 

It’s been clear enough to everyone with eyes that the most visible effect of the Fed’s QE2 program would be to inflate the stock market, and possibly (because of the weaker dollar) commodities too. A view is starting to emerge that this is what Bernanke actually had in mind. Creating a huge amount of new "bank money" obviously did nothing to stimulate the creation of | Read More »

You Need to Read RedState, Because the Associated Press Lies

By: Francis Cianfrocca (Diary)  |  January 13th at 09:16 AM  | 

Fed Chairman Bernanke is giving a speech at London’s School of Economics. Here’s the Associated Press’s headline: “Bernanke: Obama Stimulus Would Lift Economy.” That’s the spin that the average reader is supposed to take away, if they get nothing else. The AP, like every other mainstream press organization, is so convinced that you’re stoopid, that they try to get away with blatantly biased statements like | Read More »