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Thursday, March 1, 2012

Geithner Op-Ed: ‘Financial Crisis Amnesia’

Geithner thinks if the Federal Reserve could supervise all financial institutions, then the 2008 panic would have never happened. Giving more power to the entity most to blame for the crisis (the Federal Reserve), is not going to save the economy; it's going to make the next crisis even worst.

Geithner Op-Ed: ‘Financial Crisis Amnesia’

The War on Tricare

The War on Tricare

“We have not increased those fee levels since 1990,” [Panetta] said.

I've had steady increases in my Tricare payments for every year since 2009.

India resists call to cut Iran oil imports

India resists call to cut Iran oil imports

The TSA Is Coming To a Highway Near You

The TSA Is Coming To a Highway Near You

Tuesday, February 28, 2012

Goldman Sachs and Wells Fargo receive Wells notices from SEC

Goldman Sachs and Wells Fargo receive Wells notices from SEC

New York Fed Acquires Maiden Lane Building

New York Fed Acquires Maiden Lane Building

New York Fed Sells Remainder of Maiden Lane II LLC Securities; Approximately $2.8 Billion Net Gain Generated for U.S. Public from the Portfolio

New York Fed Sells Remainder of Maiden Lane II LLC Securities; Approximately $2.8 Billion Net Gain Generated for U.S. Public from the Portfolio

Eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations

"The Governing Council of the European Central Bank (ECB) has decided to temporarily suspend the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic for use as collateral in Eurosystem monetary policy operations. This decision takes into account the rating of the Hellenic Republic as a result of the launch of the private sector involvement offer."

Eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations

Statement by the EC, ECB, and IMF on the Third Review Mission to Portugal

Statement by the EC, ECB, and IMF on the Third Review Mission to Portugal

Statement Regarding Reverse Repurchase Agreements

Tomorrow, the Federal Reserve is testing its ability to absorb bank reserves if reserves ever find there way back into the money system.

Statement Regarding Reverse Repurchase Agreements

Greece In Selective Default, S&P Says

Greece In Selective Default, S&P Says

Trashing Tricare: Obama to cut healthcare benefits for active duty and retired US military

"Military service organizations are opposing the healthcare changes and say the Pentagon is 'means-testing' benefits for service personnel as if they were a social program, and not something earned with 20 or more years of military service."

Trashing Tricare: Obama to cut healthcare benefits for active duty and retired US military

Saturday, February 25, 2012