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She suggested a Financial Product Safety Commission in a 2007 article in the magazine Democracy. President Barack Obama proposed it to Congress in June as the Consumer Financial Protection Agency. Full Article at A Tiny Revolution
"No legal tender law is ever needed to make men take good money; its only use is to make them take bad money." Full Article at The Market Oracle
WASHINGTON - MAY 12: Former Chairman of the Federal Reserve Board Alan Greenspan speaks to attendees of a real estate summit hosted by the National Association of Realtors on May 12, 2009 in Washington, DC. View Photo »
Economics, Necrophilia, and Unholy Offspring: How I Humped Ayn Rand’s Corpse Until a Depression Fell Out of It
As a rule we favour capitalism in an expansion and socialism in a contraction. -- George Cooper "You know we need to de-addict," she said, late one night as I finished reading and was about to call it a day. "De-addict? Full Article at DNA India
In 1964 the USGovt introduced the zinc dimes clad with silver. They at least admitted the debauchery publicly. Now pre-1964 silver coins are all considered different, and valued differently too, higher. Full Article at The Market Oracle
I don't know when global oil supplies will start to decline. I do know that another resource has already peaked and gone into free fall: the credibility of the body that's meant to assess them. Full Article at Mail & Guardian Online
WASHINGTON - MAY 12: Former Chairman of the Federal Reserve Board Alan Greenspan speaks to attendees of a real estate summit hosted by the National Association of Realtors on May 12, 2009 in Washington, DC. View Photo »
If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the details
Former Federal Reserve Chairman Alan Greenspan was hauled before a Congressional Committee last year to explain why he had been blindsided by the global financial cataclysm. To his credit, he (...) This is just the beginning of the article. Full Article at Commonweal
Translation of the article for the International Precious Metals & Commodities Fair in Munich, November 6 through 7, 2009 Since August 5, 1993 there has been systematic intervention in the gold market by American financial institutes with the objective... Full Article at The Market Oracle
Alan Greenspan (born March 6, 1926 in New York City) is an American economist and was the Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private advisor, making speeches and providing consulting for firms through his company, Greenspan Associates LLC. Full Article
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