Everything is Just Fine
Cognitive Dissonance In May of 2006 at the height of the housing bubble, then Fed Chairman Ben Bernanke gave a speech at the Federal Reserve Bank of Chicago’s 42nd Annual Conference on Bank Structure and Competition. https://www.federalreserve.gov/newsevents/speech/bernanke20060518a.htm. In the Q&A session he commented—”Rapid appreciation in house prices has made homeowners feel wealthy and has powered […]
Boeing to cut 17,000 jobs as losses deepen during factory strike
It’s fine, everything is fine, economy is doing great, stock market all time highs. “Pay no attention to the man behind the curtain.” Source: Boeing to cut 17,000 jobs as losses deepen during factory strike
Mother of All Housing Bubbles – LewRockwell
Source: Mother of All Housing Bubbles – LewRockwell
Reaganomics Beats Obama’s ‘Middle Class Economics’ By A Country Mile – Investors.com
http://news.investors.com/ibd-editorials/013015-737309-obama-has-presided-over-weakest-recovery-in-modern-times.htm