Keyword: weimarrepublic

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  • Dollar sinks as US jobs data signals more Fed stimulus

    10/22/2013 7:56:22 PM PDT · by TexGrill · 39 replies
    ChannelNewsAsia ^ | 10/23/2013 | AFP
    The US dollar sank against the euro Tuesday after fresh data on the jobs market pointed to the Federal Reserve not cutting back its stimulus before 2014. WASHINGTON: The US dollar sank against the euro Tuesday after fresh data on the jobs market pointed to the Federal Reserve not cutting back its stimulus before 2014. The prospect of the Fed's easy money program staying unchanged, after months of expectations of tightening, pushed the euro to its highest level on the greenback since November 2011. At 2100 GMT, the euro bought US$1.3780, compared to US$1.3681 late Monday. The September data showed...
  • Atlantic Magazine Proclaims Ben Bernanke "THE HERO"

    03/23/2012 5:08:24 AM PDT · by Kaslin · 8 replies · 2+ views
    Townhall.com ^ | March 23, 2012 | Mike Shedlock
    If you are looking for the most nauseating cover possible on Ben Bernanke, please consider the April 2012 issue of the Atlantic. The cover asks the question "Ben Bernanke saved the global economy. So why does everyone hate him?" For starters Ben Bernanke did not save the global economy. Making such a proclamation is like a football fans proclaiming victory at the end of the third quarter with the score 54-24 following a 24 point rally after being down 54-0. Simply put, it is far too early to make a presumption the Fed "saved" anything given the global economy remains...
  • Under Obama, Price of Gas Has Jumped 83 Percent, Ground Beef 24 Percent, Bacon 22 Percent

    01/24/2012 4:25:59 PM PST · by OPS4 · 41 replies
    CNS news ^ | 1/24/12 | Christopher Goins
    So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics. (AP Photo) During the same period, the price of ground beef has gone up 24 percent and price of bacon has gone up 22 percent. When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon,...
  • Germany Is Already Printing Money - Deutsche Marks

    10/26/2011 11:17:46 AM PDT · by little jeremiah · 152 replies · 1+ views
    Seeking Alpha ^ | October 26, 2011 | Graham Summers
    By now everyone realizes that the euro is in major trouble and will no longer exist in its current form for much longer. However, the common view is that it is Greece and possibly other PIIGS countries who will be forced out if the eurozone is broken up. But few are talking about another possibility- of Germany leaving the EU. One who is talking about this is Dr. Pippa Malmgren, a former economic advisor to George W. Bush and a former advisor to Deutsche Bank (DB). According to Malmgren, Germany has already ordered the printing of Deutsche Marks in anticipation...
  • ROUBINI: QE3 Has Begun (Are we zimbabwe yet? More money printing)

    08/04/2011 6:55:32 AM PDT · by Halfmanhalfamazing · 80 replies
    Business Insider ^ | August 4th | Nouriel Roubini
    On Twitter, Nouriel Roubini declares that the latest currency interventions from Switzerland and Japan represent the start of QE3, ultimately ending in more Fed easing.
  • Preparing Your Investments For An Inflationary Future

    05/26/2011 3:30:50 PM PDT · by blam · 3 replies
    The Daily Reckoning ^ | 5-26-2011 | Eric Fry
    Preparing Your Investments For An Inflationary Future By Eric Fry 05/26/11 Laguna Beach, California – Let the boxing match begin!…In the near corner, we find deflation, with its furious fists of debt liquidation and credit contraction… And in the far corner, we’ve got Ben Bernanke’s printing press, with its menacing inflationary uppercut. Inflation will win this contest eventually, but the match might go the full 12 rounds. Deflation is no slouch. He packs a mean punch. Borrowers of all types – from single-family mortgage-holders to national governments – are defaulting on their loans…or moving rapidly in that direction. As the...
  • QE2 Will Not Usher In The Apocalypse

    11/11/2010 6:23:44 AM PST · by blam · 29 replies
    Seeking Alpha ^ | 11-11-2010 | David Beckworth
    QE2 Will Not Usher In The Apocalypse by: David Beckworth November 11, 2010 Though some folks would have you believe so. It is far from perfect--it needs an explicit nominal target to make it truly effective--but it is a step in the right direction. Martin Wolf agrees: The sky is falling, scream the hysterics: the Federal Reserve is pouring forth dollars in such quantities that they will soon be worthless. Nothing could be further from the truth. As in Japan, the policy known as “quantitative easing” is far more likely to prove ineffective than lethal. It is a leaky hose,...
  • Why would Tony Blair's sister-in-law convert to Islam?

    10/27/2010 10:41:23 AM PDT · by Alex Murphy · 18 replies
    The Telegraph ^ | October 25th, 2010 | Ed West
    It was only a matter of time. Tony Blair’s sister-in-law Lauren Booth has converted to Islam after a dose of “spiritual morphine” in Iran, although she talks about the world’s fastest-growing religion like it was the latest version of the Atkins Diet: “Now I don’t eat pork and I read the Koran every day. I’m on page 60. I also haven’t had a drink in 45 days, the longest period in 25 years,” she said. And she’s even refused to rule out wearing a burka: “Who knows where my spiritual journey will take me?” Politically Booth has always struck me...
  • Obama May Prohibit Home-Loan Foreclosures Without HAMP Review

    02/25/2010 2:06:19 PM PST · by GreaterSwiss · 186 replies · 5,684+ views
    <p>Copyright restricted: Bloomberg Publications allow none of their material to be posted to Free Republic.</p>
  • Fraudulent ‘Credit Crisis’ Paves Way for Economic Disaster

    12/17/2008 8:47:28 PM PST · by Sammy67 · 36 replies · 2,342+ views
    FamilySecurityMatters ^ | 12/16/08 | Cliff Kincaid
    Doing the kind of investigative reporting we should expect from the major media, a financial research and consulting firm has released a major analysis of the “credit crisis” that concludes that the claims made by Treasury Department Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke to justify a socialist takeover of the financial industry were demonstrably false. The analysis, Flawed Assumptions about the Credit Crisis: A Critical Examination of US Policymakers,concludes that the result of the unjustified massive federal intervention in the economy could be similar to the economic crisis in the Weimar Republic of 1922, where disastrous hyperinflation...
  • Weimar Russia Revisited

    05/31/2005 5:33:35 PM PDT · by RWR8189 · 23 replies · 503+ views
    Project Syndicate ^ | May 31, 2005 | Leonid Radzikhovsky
    The phrase “Weimar Russia” first appeared about 13 years ago, at the height of the confrontation between then President Boris Yeltsin and the Supreme Soviet that ended when Yeltsin’s tanks shelled the parliament. The meaning was clear to all: Weimar Russia, like Weimar Germany, signified a weak republic attacked from within by nationalists yearning to restore authoritarian ways.In the late 1990’s and the early years of this decade, the problems that incited fears of a dysfunctional state seemed to fade. But over the past 18 months, the specter of Weimar has once again begun to haunt Russia.If taken to extremes,...
  • Charley Reese Sees a "Weimar Republic" in Our Future

    07/23/2003 8:42:39 AM PDT · by Theodore R. · 31 replies · 432+ views
    King Features Syndicate | 07-23-03 | Reese, Charley
    Weimar Republic I have a theory that nations are like individuals. Those whose leaders are smart, strong and lucky prosper, and those whose leaders are stupid, weak and unlucky suffer or perish. That's why it matters which leaders we choose. There are relatively few people in the United States who actually have the power to make important decisions. The Constitution, for example, vests 100 percent of the power of the federal government in only 537 individuals — one president, one vice president, 435 members of the House and 100 members of the Senate. Everybody else in the entire federal government...
  • Hitler’s Control-The lessons of Nazi history

    05/23/2003 6:02:42 AM PDT · by SJackson · 218 replies · 2,195+ views
    National Review ^ | 5-23-03 | Dave Kopel
    This week's CBS miniseries Hitler: The Rise of Evil tries to explain the conditions that enabled a manifestly evil and abnormal individual to gain total power and to commit mass murder. The CBS series looks at some of the people whose flawed decisions paved the way for Hitler's psychopathic dictatorship: Hitler's mother who refused to recognize that her child was extremely disturbed and anti-social; the judge who gave Hitler a ludicrously short prison sentence after he committed high treason at the Beer Hall Putsch; President Hindenburg and the Reichstag delegates who (except for the Social Democrats) who acceded to Hitler's...