Daily Archives: January 10, 2012 @ 3:14 pm (Tuesday)

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 … Continue reading

Posted in Greece |

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…

Posted in Fed |

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

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Posted in Fed, Japan |

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 … Continue reading

Posted in CBs, China, Comodities, Congress, Credit, Deficit, ECB, Employment, Energy, Fed, Government Spending, Inflation, Interest Rates, Oil, Politics, Proposal |