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Blog Source: economix.blogs.nytimes.com
| about 8 hours ago
As Paul Volcker and policy groups like Demos.org have argued, investment firms should be investment firms, with the average taxpayer neither profiting (as we never have) nor paying (as we now do) when the firms' bets go bad. ...
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Blog Source: www.zerohedge.com
| about 8 hours ago
The thinking, as espoused by Paul Volcker and others, is that investment banks should be free to gamble with their own money but should not be allowed to gamble with taxpayer money provided through the FDIC deposit backstop. ...
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Blog Source: expectedreturns.blogspot.com
| about 8 hours ago
It took Ronald Reagan and then-Fed chairman Paul Volcker to wring inflation out of the system they inherited from Jimmy Carter in the early 1980s. Oh yes, the price of gold promptly fell in half. Which means that investors in gold are ...
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Blog Source: www.zerohedge.com
| about 8 hours ago
There is a way to do what Paul Volcker says which is to protect the information about individual institutions but still bare to the world what the Fed is thinking. They have been wrong, other than when Paul Volcker was there, ...
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Blog Source: susiemadrak.com
| about 8 hours ago
Instead of reining in Wall Street, Obama has allowed himself to be seduced by it, leaving even his erstwhile campaign adviser, ex-Fed chief Paul Volcker, concerned about a “moral hazard” creeping over the administration. ...
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Blog Source: www.indenvertimes.com
| about 8 hours ago
In September, John Podesta, head of the Obama transition team, spoke of how a VAT would “create a balance” with other economies, and White House adviser Paul Volcker cited a carbon tax and a VAT as ways to raise lots of revenue. ...
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Blog Source: www.jrdeputyaccountant.com
| 4 days ago
A proposal to give banking regulators authority to block accounting standards is “a terrible idea,” Paul A. Volcker, a former chairman of the Federal Reserve Board, said Monday. Mr. Volcker has been an outspoken critic of “mark to ...
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Blog Source: arizona.typepad.com
| 4 days ago
Paul's opponents also placed a letter from former Fed chairmen Alan Greenspan and Paul Volcker on the seats of every committee member. Such a move is in violation of House rules and Grayson was able to have the letters removed. ...
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Blog Source: biiwii.blogspot.com
| 4 days ago
Rick Santelli quotes Paul Volcker thusly: "I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think ...
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Blog Source: www.disclose.tv
| 4 days ago
Predictably, in response to this victory, the Fed has come out in force in today's press with former chairmen Alan Greenspan and Paul Volcker, along with former vice chairman Alan S. Blinder all penning attack pieces about how harmful ...