The ‘Federal Open Market Committee‘ recently announced[1] a plan to reduce its monthly purchases of financial instruments (generally mortgage bonds and ‘treasuries’ – US Government bonds) from US$50 to US$35 Billion. Interesting how they want to pump all this money into the sort of investments [read more]
With the renewed talk of yet more stimulus payments, I decided to pull up my previous post on the subject. I’m not sure that taking on massive amounts of more debt is what we need, but just in case “the powers that be” think it [read more]
As with so many others, I read with a blend of amusement and disgust (mostly the latter) the latest attempts of the Washington Elite to “help” me. And by me, I am referring to a recently-laid off 50 year old male with a partner and [read more]
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