Showing posts with label Fed. Show all posts
Showing posts with label Fed. Show all posts

Saturday, January 15, 2011

Woodrow Wilson Re Signing Federal Reserve Act


"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." -- Woodrow Wilson 1919, commenting on his signing of the Federal Reserve Act

"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out." -- Andrew Jackson, as he prepared to shut down the Second Bank of the United States.

Thursday, December 9, 2010

Quantitative Easing Alert! Whooop Whooop Whooop!


Quantitative Easing Alert! Whooop Whooop Whooop!

Weekly Fed Credit = +$33.693 Billion on 12-8-10 (http://www.federalreserve.gov/releases/h41/Current/)/+$426 Million on 12-1-10/+$24.277 Billion on 11-24-10/+$3.958 Billion on 11-17-10/+$8.470 Billion on 11-10-10/-$1.986 Billion on 11-3-10/-$1.039 Billion on 10-27-10/-$9.375 Billion on 10-20-10/+$8.599 Billion on 10-13-10/-$3.119 Billion on 10-6-10/+$1.154 Billion on 9-29-10/-$2.768 Billion on 9-22-10/+$2.676 Billion on 9-15-10/-$73 Million on 9-8-10/-$7.462 Billion on 9-1-10.

Tuesday, November 30, 2010

Bernanke's Stepping on the Petal


Bernanke's Stepping on the Petal.

Daily Fed Credit = bullish $11.489 Billion today/on 11-30/$8.428 Billion on 11-29/$6.490 Billion on 11-26/$7.420 Billion on 11-24/$6.844 Billion on 11-23/$6.871 Billion on 11-22/$9.786 Billion on 11-19/$8.785 Billion on 11-18/$4.749 Billion on 11-16/$0 on 11-11 Veterans Day/$4.236 Billion on 11-10

Weekly Fed Credit = +$24.277 Billion on/5 days ending 11-24-10/+$3.958 Billion on 11-17-10/+$8.470 Billion on 11-10-10/-$1.986 Billion on 11-3-10/-$1.039 Billion on 10-27-10/-$9.375 Billion on 10-20-10/+$8.599 Billion on 10-13-10/-$3.119 Billion on 10-6-10