The emphasis on stabilizing the banks has, unsurprisingly, stabilized the banks.
The emphasis on re-capitalizing the banks has, unsurprisingly, resulted in zero interest money going from the Fed into the front doors of the banks and then out the back doors of the banks into the bond market and the stock market, where it boils away, doing nothing for the real economy.
The other 99% of the country continues to watch the jobs dry up and the dollar stumble towards the edge of the cliff.
Blog Archive
-
▼
2009
(174)
-
▼
December
(64)
- Innovations?
- Clogged Arteries
- Mismanagement Of Money
- Wall Street's Top Ten Lies, 2009
- Prices and Value
- Central Bank Is Anti-Free Market
- Why Not Default?
- Emphasis
- Rules
- Rat In A Snake
- States Going Broke
- Hunter-Gatherer
- 1929!
- Too Big To Flush
- Vortex
- Malinvestment
- Kill The Zombies
- Cold Water
- More Bourbon, Anyone?
- Extra Zero, Anyone?
- A or B or Both?
- Interlocked
- The Phony Panic Of 2008
- Keynes Was A Globalist And Probably A Communist
- Instant Debt Consolidation
- Fiat
- The Bureaucratic System Is Un-Democratic
- Liberals In Fantasy World Continue To Insist That ...
- Let The Skies Open Up
- Cold > Flu? No.
- Virus and Cannibals
- Republic
- Market Manipulations
- The Fed Puts Global Interests Above National Inter...
- Nothing Amiss?
- Principles Of Sound Money
- Borrow More To Grow?
- Origins Of The Internet
- Globalization's Failure for America
- Reckless Overspending
- Better Idea: Stop Debt Payments
- Two Kinds Of Money- Neither Is Free
- Government Is Not An Investor, Part 2
- Government Is Not An Investor
- The Myth Of Government As Private Sector Job Creator
- No Such Thing As A 'Climate Denier'
- Medieval
- 'New Ice Age' Fearmongering From The 1970's
- Phony Leftist Environmentalists Silent About Envir...
- Interlocked
- The Sweat Did Not Warm The Horse
- Row Your Earth
- Bernie Sanders On Bernanke
- Extreme Is The New Mainstream?
- Goldman Is Arming
- Carbon Offsets
- Price Support
- How Can You Declare Victory When The War Is Not A ...
- Drug Money
- Linguistic Violence
- Shock and Awe
- America Without A Middle Class
- Sovereign Debt Crisis
- ClimateGate's Phil Jones Resigns
-
▼
December
(64)
Sunday, December 27, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment