Daily Archive: Wednesday, April 8, 2009

TARP not working

[Skip to the end] It hasn’t done anything for the same reasons outlined in my initial response to the Paulson plan. She doesn’t get it either except that it isn’t working as hoped for. TARP is now 6 Months Old, Little Evidence of Success by Joe Weisenthal Apr 8 (Business Insider) — ...Read More

2001 Quantitative-easing letter- nothing has changed

[Skip to the end] Quantitative Easing is Simply a ‘Bank Tax’ Letters to the Editor- Financial Times; Feb 23, 2001 by Warren B. Mosler From Mr. Warren B. Mosler Sir, The Group of Seven’s call for monetary easing to solve Japan’s economic problems seems to misunderstand bank mechanics. I suspect that most ...Read More

2009-04-08 USER

[Skip to the end] MBA Mortgage Applications (Released 7:00 EST) MBA Purchasing Applications (Released 7:00 EST) MBA Refinancing Applications (Released 7:00 EST) Wholesale Inventories MoM (Released 10:00 EST) Wholesale Inventories YoY (Released 10:00 EST) Wholesale Inventories ALLX 1 (Released 10:00 EST) Wholesale Inventories ALLX 2 (Released 10:00 EST) MBA Mortgage Applications (Apr ...Read More

Off Topic Comments

[Skip to the end] Submitted on 2009/04/10 at 1:07pm by high tech redneck “profits for investing, not for working for a living” There used to be a time I was amazed how the labor class kept taking the abuses piled upon them. On Cspan I just watched Jesse Jackson say Obama would ...Read More