Cleveland Fed Researchers Examine Derivatives, Systemic Risk – 2009 Annual Report Essay: Putting Systemic Risk on the Radar Screen

Cleveland Fed Researchers Examine Derivatives, Systemic Risk As Congress works on finalizing financial reform legislation, there is widespread agreement about the need for better management of systemic risk. But in order to manage systemic risk, you need to be able to define and measure it, says researcher Joseph Haubrich, writing in the Federal Reserve Bank … Read more

Emergency S.O.S.: America Falling to Foreign Bank Takeover

Alex Jones breaks down the takeover by offshore banking powers– newly empowered by Congress’ banking “reform,” expanded taxes worldwide, as well as accelerated moves towards ending the Dollar’s reserve status, including urging from a recent United Nations report. This Fourth of July, the United States is indeed in peril; it is not only the Gulf … Read more

The Subtle Nationalization of the Banks and Housing Market – How the Taxpayers Support the Banks through Pseudo Nationalization – We Own the Financial Junk and the Banks Collect the Profits – The Stunning SIGTARP Report

From Dr Housing Bubble Blog I was amazed at how many people got all worked up when the idea of nationalizing the banks came up.  These people fail to pay attention to the fact that we’ve already nationalized Fannie Mae and Freddie Mac and these two giants essentially hold up the entire edifice of the … Read more

MBA Files 2 “Comment Letters” with Federal Reserve on Proposed TILA Changes

On Tuesday, December 22, 2009, the Mortgage Bankers Association (MBA) filed 2 comment letters with the Board of Governors of the Federal Reserve System, both relating to the proposed amendments to Regulation Z, the implementing regulation for the Truth in Lending Act (TILA). The first letter specifically addresses the proposed rules to revise consumer disclosures … Read more

Ron Paul Reacts to Ben Bernanke as TIME Person of the Year

Ron Paul: “Ben Bernanke is the most powerful man in the world because he controls the supply of money, which is the dollar, which is the reserve currency of the world. He can create a trillion dollar in secret without any monitoring by the Congress. So there’s no transparency and I think he is more … Read more