Daily Archive: Tuesday, January 10, 2012

Riley Says Greek IMF Growth Program Doesn’t Seem to Be Working

Astute observation: Riley Says Greek IMF Growth Program Doesn’t Seem to Be Working Jan. 10 (Bloomberg) — David Riley, head of sovereign ratings at Fitch Ratings, said the International Monetary Fund’s program for Greece may not be working. “The IMF program at the moment doesn’t seem to be working,” he said at ...Read More

Federal Reserve to Return $76.9 Billion to US Treasury From What Central Bank Earned in 2011

Yes, income the economy would have earned without QE… ...Read More

How about rotating the BOJ governors with the FOMC? ;)

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Proposal update, including the JG

My proposals remain: 1. A full FICA suspension: The suspension of FICA paid by employees restores spending which supports output and employment. The suspension of FICA paid by business helps keep costs down which in a competitive environment lowers prices for consumers. 2. $150 billion one time distribution by the federal govt ...Read More