All Posts Tagged With: "American dream"
Financial Reality Will Sound a Wake-Up Call for the Federal Reserve and the American Dream
In holding overnight rates steady at 2%, the U.S. Federal Reserve once again put forth its belief that, despite a cascade of horrific financial data, the economy is likely to continue to grow slowly and that inflation would moderate.
Although…
13Aug2008 | Money Morning | 0 comments | ContinuedInside Wall Street: The Fannie Mae/Freddie Mac Bailout is Necessary - But Don’t Expect a Happy Ending
It’s the end of the “American Dream.” It’s the story of how the inevitable bailout of insolvent housing giants Fannie Mae (FNM) and Freddie Mac (FRE) - with the Federal Housing Administration soon to follow - will ultimately lead to such sorrowful…
15Jul2008 | Money Morning | 0 comments | ContinuedUnited States to the World: Be Careful What You Wish For
Do you hear the calls for a challenge to U.S. power? It is everywhere these days. Now that the Soviet Cold War threat has dissolved, who needs the United States to fend off the bullies in the global playground. Those…
29Apr2008 | Stephen Oakes | 1 comment | Continued-
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