TheDailySheeple.com | The Federal Reserve is expanding its balance sheets, it’s creating money out of nothing, it’s devaluing the savings of individuals through the debasement of the currency and through zero interest policies.
Bloomberg.com | “The fact that interest rates have gone up a bit is actually indicative of a stronger economy,” Bernanke said in Washington today in response to questions from members of the House Financial Services Committee. That indicates the Fed’s stimulus is working, he said.
USA Today | Federal Reserve Chairman Ben Bernanke told a Senate hearing Tuesday that the Fed intends to keep its stimulus policies going until the job market improves significantly, partly allaying recent concerns that it might soon rein in its bond-buying.
dev-test.intellihub.com | After a brief respite where it was hoped Europe was on the mend worries about the financial health of the Eurozone have flooded back.
USA Today | Two years ago he hired 60 new employees, and he expects revenue to double in the next couple of years.
Dean Henderson | According to Kurt Wulff of the oil investment firm McDep Associates, the Four Horsemen, romping in their new Far East pastures, saw asset increases from 1988-1994 as follows: Exxon Mobil- 54%, Chevron Texaco- 74%, Royal Dutch/Shell- 52% and BP Amoco- 54%.
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