Tag: paulson

 

The TARP: Just another government fiasco

Published on November 7, 2008

The federal government does not have a strong reputation of getting things done. When it dives into a big project, a handful of folks get rich and the rest of us suffer. The $700 billion bailout is turning out the same way.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): We all knew it was nothing more than [...]

The Fed is buying. Should you?

Published on October 15, 2008

The markets remain highly volatile. JPMorgan (NYSE:JPM) and others announced surprise third-quarter earnings, yet the future is bleak. The more data we get the more I believe you should buy gold and short oil.
By Andrew Snyder
Baltimore – (TFN): America is a changed beast. What once was a country willing to go to war over [...]

Big trouble: Wall Street in the hands of Congress

Published on September 19, 2008

Wall Street is in the hands of Congress. With less than a week before the end of the current legislative session, the heat is on to pass the legislation the financial world needs to survive. If our elected officials fail, we could all be in big trouble.
By Andrew Snyder
Baltimore – (TFN):  Here is a factoid [...]

Dollar Bear: More Fed Means Less Money for You

Published on June 20, 2008

“What few economic leaders have acknowledged is that the Federal Reserve itself is responsible for the real estate and credit bubbles, which are the source of our current troubles. By keeping interest rates too low for too long, the Fed ignited a speculative fever and engendered a [...]

Oil Prices Jump Higher on EU Warning

Published on June 5, 2008

“It’s not excluded that, after having carefully examined the situation, that we could decide to move our rates for a small amount at our next meeting. I didn’t say it’s certain. I said it’s possible.” — European Central Bank President Jean-Claude Trichet
by Stephanie Grimmett
Baltimore – (TFN): You can blame a frenchman [...]

The truth behind Bernanke’s sudden inflation concerns

Published on June 4, 2008

“To my knowledge, Bernanke has never before stressed the dollar’s decline, the inflationary dangers it poses and his intention to guard against these as much as he did yesterday. The immediate reaction was for the dollar to rally.” — Dominic Frisby
Blogger’s note: Dominic Frisby, an editor at our British [...]

This Week’s Financial News: Bernanke takes to the tightrope, the carry trade’s in trouble and Christoph’s a Democrat

Published on April 5, 2008

“Now that Congress is getting involved, we should see some decisive action, a clear and easy solution to eliminate the financial collapse now knocking on our doors… and if you believe that, I’ve got these great banking shares to sell you.” — Stephanie Grimmett

by Stephanie Grimmett
Here at Today’s Financial News, we spent the [...]

Gold Prices: Bernanke goes for the gold

Published on April 4, 2008

“(The Fed’s) message has been, more or less, that money grows on trees, which is why Ben Bernanke’s moniker, ‘Helicopter’ Ben, is catching on with the press. Gold bugs could not be more thrilled. Just recently, I wrote that we are seeing the best of all worlds for gold [...]

This Week’s Financial News: Paulson has an idea, Bear Stearns ain’t a cheap floozy and mind the overspray

Published on March 29, 2008

"At least the U.S. economy has started to look more like a soap opera and less like a Greek tragedy this week. Maybe we can get out of the current market situation without having to watch every player die a bloody, violent death, afterall… or maybe not. Either way, I’d bring a an umbrella to [...]

U.S. Market Crisis: Paulson saves the day

Published on March 29, 2008

"Senators, representatives and presidential candidates have been busy calling for more government oversight of the financial industry. And maybe Congress will settle on Paulson’s idea as its "savior" in the current camera-mugging opportunity. It could actually save money and provide a simpler system for companies trying to follow the ornate business laws already in place in the U.S." — Stephanie Grimmett

by Stephanie Grimmett

Baltimore — (TFN): Oh, good, I…

Precious Metal Investing: Fed’s recent moves virtually guarantee that gold will rise

Published on December 15, 2007

"The hope that this additional credit will somehow alleviate the problems in the U.S. housing market is extremely naïve. Virtually none of this newly created credit will find its way back into the domestic mortgage market." — Peter Schiff 
by Peter Schiff, EuroPacific Capital 
Baltimore — (TFN): This week’s announcement by the Fed that it will create [...]