Daily Archive: Monday, January 10, 2011

DOE Gasoline Demand Looking Very Flatish

Nothing here to support price hikes if price was from demand, and not being set by a foreign monopolist as necessarily is the case today. ...Read More

Fed Turns Over Record $78.4 Billion Profit to Treasury

And not even a hint they removed even more than that much interest income from the private sector. (the $78.4 billion is after expenses) Fed Turns Over Record $78.4 Billion Profit to Treasury By: Reuters The Federal Reserve reported Monday its earnings jumped by more than 50 percent in 2010 to a ...Read More

Bernanke testimony

The Economic Outlook and Monetary and Fiscal Policy Chairman Ben S. Bernanke Before the Committee on the Budget, U.S. Senate, Washington, D.C. January 7, 2011 Chairman Conrad, Senator Sessions, and other members of the Committee, thank you for this opportunity to offer my views on current economic conditions, recent monetary policy actions, ...Read More