federal reserve Archive

Hack The Fed

Imagine infiltrating those mystical computers of endowment at the Federal Reserve headquarters in DC and having the know-how to add 13 zeroes to those 5 dollars you’re required to keep in your savings account, thus becoming the one-man, overnight solution to the debt crisis

US Downgraded to AA- by Egan-Jones

Ratings firm Egan-Jones cut its credit rating on the U.S. government to “AA-” from “AA,” citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country’s credit quality. From the ratings company’s Wikipedia entry: Egan-Jones Ratings Company,

Ron Paul Reacts to QE3

Sept. 13 (Bloomberg) — Texas Representative Ron Paul discusses his reaction to Federal stimuli. He speaks with Trish Regan on Bloomberg Television. The Federal Reserve fulfilled expectations of more stimulus for the faltering economy, taking aim now at driving down mortgage rates until an