Trillion-Dollar Platinum Coin Idea Officially Killed By Treasury Dep’t About that trillion-dollar platinum coin idea that could help solve the manmade debt ceiling crisis? Yeah, the feds just killed it. Sorry, Joe. Read more More
Why Should We Care About Ben Bernanke’s Labor-Market Speech? It might not have been must-see television, but our federal reserve chairman’s speech Monday spurred a stock-market surge. What the hell did he say — and what does it mean? Decoding Wall St.’s Brian Sozzi breaks it down. Read more More
Why Tax Policies That Favor the Rich Hurt the Rich $25 or $50: which is greater? Obviously, anyone in their right mind would rather have the greater sum of money. But because of inflation and the actions of the Federal Reserve, a person could hold less wealth and have more “money power.” Read more More
Occupy Everything: My Hip Hop Anthem Larry Harris Jr. went to Occupy Miami this weekend because he’s upset about how big banks and Washington stole the American Dream — not because he’s lazy, unemployed or down on my luck. To prove it, here’s his original hip hop anthem. Read more More
Wall Street Got $1.2 Trillion From the Federal Government The numbers for the 2008 Wall Street bailout have, until now, been non-existent. Everyone knew that the federal government dropped a lot of money to keep the banks afloat, but now that Bloomberg has dug up the actual number, it’s staggering to consider. Read more More
Wasting Money: $1 Billion Sits in Federal Reserve Vault Because You Don’t Want It As a result of one of Congress’ more pointless bills, there is now more than $1 billion worth of dollar coins just sitting around in a Federal Reserve vault. Why? Because you don’t want them. Read more More
[VIDEO] Former Fed Chairman Greenspan: Time to Let Bush-Era Tax Cuts Expire How severe is our nation’s impending debt crisis? It’s so imminent, and so dangerous, that even former Federal Reserve Chairman Alan Greenspan says we should let the Bush-era tax cuts expire. Read more More