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Bernanke: Fed Helped To Arrest Financial Crisis 28 Nov 2009 22:10 GMT
... The chairman of the Federal Reserve is concerned that congressional ... for economic and financial stability in the United States," he said. The first item in question ... Bernanke said the Fed's ability to set interest rates and provide stimulus through lending and asset-purchase ...
ECB, The Reluctant Interest Rate Hawk? 4 Dec 2009 00:39 GMT
... refinancing facilities and move to an index-based interest rate rather than a fixed or auction based ... European banks - that have generally lagged U.S. banks in raising capital - to clean ... in value because of increases in market interest rates. The Funds may also invest in derivative ...
Changes not a signal of future interest-rate moves: Trichet 3 Dec 2009 18:20 GMT
... liquidity operations wasn't meant to signal that interest rates are set to rise any time soon ... In an added twist, Trichet said the interest rate on the loans won't be fixed at ... dollar policy. Asked by MarketWatch if the United States was taking sufficient action to back a ...
White House Skips Chamber of Commerce, Business Federation Invites to Jobs Forum 2 Dec 2009 18:59 GMT
... WASHINGTON -- President Obama is hosting a jobs summit at the White House on Thursday, inviting corporate CEOs and union ... the economy. The Fed will not raise interest rates before the unemployment rate peaks, but fostering ...
Zero Interest Rates, the Cruelest Tax of All 26 Nov 2009 19:33 GMT
... liquidity provision is a "price control" over interest rates, instituted to force interest rates down and ... All savers are taxed by a zero interest rate. Some savers, usually the wealthier and more ... or just for central banks in their quest for self-preservation to strip savers of their ...
Fed's Plosser Calls For Higher Interest Rates 1 Dec 2009 17:55 GMT
... WASHINGTON -- Charles Plosser, the president of the ... central bank official to call for higher interest rates in this cycle. In a speech ...
The Obama 'Jobs Summit' Who In the White House Has Ever Created a Job? 2 Dec 2009 09:42 GMT
... The Obama 'Jobs Summit' Who In the White House Has Ever Created a Job? Tomorrow, the ... budgets through smaller government, less spending, lower interest rates, and less debt. 2) Five Tax Reforms ...
Jobs Summit invites some but not all to the White House 2 Dec 2009 18:44 GMT
... President Obama is hosting a jobs summit at the White House tomorrow, inviting groups and business leaders to ... the economy. The Fed will not raise interest rates before the unemployment rate peaks, but fostering ...
Greenback gains despite uncertainty about future interest rate actions 2 Dec 2009 20:47 GMT
... Greenback gains despite uncertainty about future interest rate actions Wed, Dec 2, 2009 2:00 PM EST The U.S. dollar gained strength on Wednesday afternoon following ... a challenge in deciding when to raise interest rates and remove the stimulus needed to combat ...
U.S. Federal Reserve Chairman Ben S. Bernanke Confirmation Hearing - Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C. 4 Dec 2009 00:37 GMT
... U.S. Federal Reserve Chairman Ben S. Bernanke Confirmation ... For our part, the Federal Reserve cut interest rates early and aggressively, reducing our target for ...
White House to announce more foreclosure help 29 Nov 2009 07:53 GMT
... WASHINGTON (Legal Newsline)-The White House on Monday plans to announce additional ... for five years. At that point, the interest rate will be locked at the rate at the ...
+ White House to announce more foreclosure help 29 Nov 2009 16:52 GMT
... WASHINGTON (Legal Newsline)-The White House on Monday plans to announce additional ... for five years. At that point, the interest rate will be locked at the rate at the ...
White House to announce more foreclosure help - 11/28 30 Nov 2009 20:24 GMT
... WASHINGTON (Legal Newsline)-The White House on Monday plans to announce additional ... for five years. At that point, the interest rate will be locked at the rate at the ...
Advocates challenge White House response to Black unemployment 3 Dec 2009 22:18 GMT
... issued by leading African American civil rights groups, the NAACP, headed by Ben Jealous, the ... the U. S. Job Crisis” At a White House press conference last spring, President Obama fielded a ... Loan Program through a reduction of the interest rate to 1 percent targeted for those businesses located ...
Nation of savers falling victim to interest rates near zero 27 Nov 2009 05:59 GMT
... NEW YORK � The United States is finally becoming a nation of savers. ... we could get something for our money. Interest rates are sinking to near zero for the ...

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Pictures of the Day

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Obama's Surge Strategy Borrows From Bush Argument
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Some in Senate Doubt Pakistan
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reuters.com:
Geithner Emphasizes Need to Cut Budget Deficit, But First the Financial System Must Be Stabilized
Timothy Geithner News

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President Barack Obama Gambles That 30,000 Troops Now Will Equal Victory in 2011; Follow the Latest Developments in Afghanistan at Military Industry Today [02 Dec 2009]

Oceans Twelve - Award Winning Photographers Support Marine Environment [24 Nov 2009]

Follow the Latest Swine Flu Developments with H1N1 News Today [23 Nov 2009]

Worcester Polytechnic Institute New Online Power Systems Management Master of Science Degree [23 Nov 2009]

MEDEVAC presentation boosts agenda for Military Airlift and Rapid Reaction Operations 2009! [05 Nov 2009]

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Obama White House News

Jobs Gap of 8 Million Dogs Obama [04 Dec 2009 - 11:14]
Obama Canvasses for Ideas on Job Creation; Solicits Plans That Can Yield Quick Results [04 Dec 2009 - 08:02]
...With Deficit Soaring, Role of Private Sector Pushed [04 Dec 2009 - 11:36]
...Obama Dismisses Criticism of Summit [04 Dec 2009 - 10:01]
...So Much Gasbaggery, So Little Time: Why Obama Is Obsessed With Summits (Commentary by Jason Zengerle) [04 Dec 2009 - 10:02]

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U.S. Congress News

Fed Chairman Bernanke Blasted at Confirmation Hearing [04 Dec 2009 - 10:13]
...Key Democrats Back Ben Bernanke for Second Term As Fed Reserve Chairman [04 Dec 2009 - 12:08]
...Sen. Bunning Moves to Block 2nd Term for Fed Chairman [04 Dec 2009 - 12:13]
Senate Backs Preventive Health Care for Women [04 Dec 2009 - 11:33]
Frank, Waxman Ironing Out Differences Over Financial Regulatory Agency [04 Dec 2009 - 12:07]

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State Election News

Texas: The GOP Battle in State Turns Into a Public Airing of Republican Party's Internal Discontents [04 Dec 2009 - 10:20]
DNC Chair Tim Kaine: Tea Parties 'Devouring' GOP [04 Dec 2009 - 09:46]
Arkansas: Lincoln Trailing Four Possible Republican Challengers, Rasmussen Poll Shows [04 Dec 2009 - 10:05]
Delaware: Rep. Castle Maintains Lead Over Beau Biden in a Possible U.S. Senate Race (PdF) [04 Dec 2009 - 10:17]
Indiana: John Hostettler to Challenge Sen. Evan Bayh [04 Dec 2009 - 10:00]

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Op | Ed

Robert Reich: Without Smart Investments, High Unemployment Will Be Permanent [04 Dec 2009 - 13:03]
Walter Shapiro: Obama Jobs Summit: I Care, I Really Do [04 Dec 2009 - 13:10]
Renee Loth: GOP Folds Its Big Tent [04 Dec 2009 - 09:03]
David Brooks: The Analytic Mode [04 Dec 2009 - 08:22]
Paul Krugman: Reform Health Care Or Else [04 Dec 2009 - 08:22]

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50 State Political News

South Carolina: 28 Ethics Charges Dropped Against Gov. Sanford [04 Dec 2009 - 09:03]
Georgia: Atlanta Officials to Count Provisional Ballots in Mayoral Race [04 Dec 2009 - 08:53]
...Kasim Reed's Lead Grows After Count [04 Dec 2009 - 08:55]
Georgia House Speaker Richardson Resigns After Suicide Attempt and Wife's Allegations of an Affair, Speaker Pro Tem Burkhalter Steps In [04 Dec 2009 - 08:55]
...Richardson to Resign Effective Jan. 1 (Statement) [04 Dec 2009 - 08:56]

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Difficult to Believe

Florida Gov. Crist Recording Sends KidCare Applicants to Sex Line for Hot, Horny Girls [04 Dec 2009 - 10:10]
Groom 'Tweets' Marriage From Altar (Video From YouTube.com) [04 Dec 2009 - 08:14]
'Elf' Jailed Over Dynamite Hoax on Georgia Mall Santa [04 Dec 2009 - 10:36]
World's Tallest Building, Burj Dubai Tower, Opens As a Golden Era Closes [04 Dec 2009 - 12:16]
'Jesus Christ' Reports for Jury Duty in Alabama [04 Dec 2009 - 12:16]

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