Bailouts unconstitutional failures
OpenMarket.org
by Hans Bader
12/17/08
Jacob Sullum’s recent column argues that Bush’s auto bailout plan is an unconstitutional violation of separation of powers. We earlier argued that it was either illegal or unconstitutional. Meanwhile, the Federal Reserve, with little public awareness, is attempting a financial system bailout far bigger than Congress ever authorized, resulting in one failure after another, as economics professor Jeffrey Rogers Hummel explains in a recent editorial...
http://tinyurl.com/4unrxb
Bailouts aggravate financial crisis
OpenMarket.org
by Hans Bader
12/29/08
In the New York Times, economist Tyler Cowen of George Mason University argues that the $700 billion financial-system bailout is impeding an economic recovery. Because of the ‘ad hoc,’ standardless way the money is being doled out, ‘the market doesn’t know what to expect and many financial institutions are sitting on the sidelines, waiting to see what regulators will do next. Regulatory uncertainty is stifling the ability of financial markets to engineer at least a partial recovery’...
http://tinyurl.com/9fj55b
Informant: Thomas L. Knapp
--------
The Superpower of Toilet Papers
By Matthias Chang
The US has been abusing its financial power by the use of its greatest invention, the "toilet paper printing press" (now, the modern "electronic printing press") to issue irredeemable fiat money. Now the world is flooded with trillions of this toilet paper, namely US dollars.
http://www.informationclearinghouse.info/article21503.htm
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=$700
http://freepage.twoday.net/search?q=separation+of+powers
http://freepage.twoday.net/search?q=unconstitutional
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=regulators
http://freepage.twoday.net/search?q=financial+system
http://freepage.twoday.net/search?q=financial+power
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=Jacob+Sullum
http://freepage.twoday.net/search?q=Jeffrey+Rogers+Hummel
http://freepage.twoday.net/search?q=Hans+Bader
http://freepage.twoday.net/search?q=Matthias+Chang
by Hans Bader
12/17/08
Jacob Sullum’s recent column argues that Bush’s auto bailout plan is an unconstitutional violation of separation of powers. We earlier argued that it was either illegal or unconstitutional. Meanwhile, the Federal Reserve, with little public awareness, is attempting a financial system bailout far bigger than Congress ever authorized, resulting in one failure after another, as economics professor Jeffrey Rogers Hummel explains in a recent editorial...
http://tinyurl.com/4unrxb
Bailouts aggravate financial crisis
OpenMarket.org
by Hans Bader
12/29/08
In the New York Times, economist Tyler Cowen of George Mason University argues that the $700 billion financial-system bailout is impeding an economic recovery. Because of the ‘ad hoc,’ standardless way the money is being doled out, ‘the market doesn’t know what to expect and many financial institutions are sitting on the sidelines, waiting to see what regulators will do next. Regulatory uncertainty is stifling the ability of financial markets to engineer at least a partial recovery’...
http://tinyurl.com/9fj55b
Informant: Thomas L. Knapp
--------
The Superpower of Toilet Papers
By Matthias Chang
The US has been abusing its financial power by the use of its greatest invention, the "toilet paper printing press" (now, the modern "electronic printing press") to issue irredeemable fiat money. Now the world is flooded with trillions of this toilet paper, namely US dollars.
http://www.informationclearinghouse.info/article21503.htm
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=$700
http://freepage.twoday.net/search?q=separation+of+powers
http://freepage.twoday.net/search?q=unconstitutional
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=regulators
http://freepage.twoday.net/search?q=financial+system
http://freepage.twoday.net/search?q=financial+power
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=Jacob+Sullum
http://freepage.twoday.net/search?q=Jeffrey+Rogers+Hummel
http://freepage.twoday.net/search?q=Hans+Bader
http://freepage.twoday.net/search?q=Matthias+Chang
rudkla - 19. Dez, 10:10
