Bank of England May Provide Liquidity to Fed

April 6, 2009 at 2:47 pm | Posted in Uncategorized | Comments Off on Bank of England May Provide Liquidity to Fed
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Bank of England May Provide Liquidity to Fed: “The Bank of England said Monday that it is ready to provide sterling liquidity to the U.S. Federal Reserve if necessary through a temporary currency swap arrangement.”

Why does this news make me uneasy?

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Groveling Before the Fed

February 10, 2009 at 10:38 am | Posted in Uncategorized | Comments Off on Groveling Before the Fed
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Groveling Before the Fed: We’ve seen money go out the back door of this government unlike any time in the history of our country,’ Senator Byron Dorgan, a North Dakota Democrat, said on the Senate floor Feb. 3.

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