federal reserve

federal reserve: Page 1

Discussed in (click each link for the full post):

George W. Bush Institute on "Growth and Immigration" (Matthew Denhart) - 12/05/12

Yesterday, George W Bush returned to the public eye to promote massive immigration, saying ( peekURL.com/zjd4VCT ):

Sarah Jane Glynn of CAP hypes amnesty using studies from Cato, Bush, and the Fed - 07/09/12

In 2010, Rupert Murdoch testified for amnesty using two studies from the progressive Center for American Progress ("CAP").

Cato immigration conference April 26, 2012: let's discredit them (CFR, Lofgren, Jacoby, Federal Reserve, NIF, NFAP) - 03/22/12

On April 26, 2012, the Cato Institute will be conducting an all-day conference ("Is Immigration Good for America?") supporting massive immigration. I urge anyone who'll be in the Washington DC area to attend with the goal of discrediting them as will be described below.

Hidden irony: Occupy L.A., Antonio Villaraigosa, and the Federal Reserve mural - 12/02/11

Lots of things about the Occupy Wall Street movement are ironic.

Herman Cain scandal revealed: corruption and incompetence (Politico, Tea Parties) - 11/01/11

In this post I'll reveal the dirty little secrets of the Herman Cain scandal. As you might have heard, that presidential candidate is accused of some form of sexual harassment of colleagues at one of his past jobs, and the latest news is that one of the alleged victims wants to step forward and tell her side of the story (link).

SF Federal Reserve promotes massive immigration, including illegal (Giovanni Peri) - 08/30/10

The San Francisco branch of the Federal Reserve offers "The Effect of Immigrants on U.S. Employment and Productivity" by visiting scholar Giovanni Peri of UC Davis (Wall Street Journal article here, the brief study at [1]). According to Peri, we're all rich beyond our wildest dreams due to massive immigration: "There is no evidence that immigrants crowd out U.S.-born workers in either the short or long run... "the economy absorbs immigrants by expanding job opportunities rather than by displacing workers born in the United States." ...Peri's work estimates that an inflow of immigrants equal...

Ron Paul was right: Federal Reserve had involvement in Watergate, money sent to Saddam Hussein (Ben Bernanke) - 02/25/10

Yesterday, Rep. Ron Paul quizzed Ben Bernanke of the Federal Reserve about that group's involvement in relation to Watergate and to the funding of Saddam Hussein of Iraq (video: peekURL.com/vqxfnme ). Bernanke called that questioning "absolutely bizarre", and several sources (some listed below) joined in. As it turns out, the Fed in fact did have some sort of involvement with both Watergate and with money that was sent to Saddam, as documented in the book "Deception and Abuse at the Fed: Henry B. Gonzalez Battles Alan Greenspan's Bank" (link). From the blurb: ...Robert Auerbach, a former [U.S...

Federal Reserve to unemployed millions: massive immigration is great for you (Tobias Madden) - 09/22/09

Tobias Madden - a Regional Economist for the Federal Reserve in Minneapolis - offers an "Economic Myth Busters" sales job asking, 'should policymakers curb immigration to β€œprotect American jobs”?' (minneapolisfed.org/publications_papers/pub_display.cfm?id=4277) In a nutshell, no. This myth stems from the idea that the number of jobs in America is fixed, and every job taken by an immigrant reduces the total number of available jobs, always to the detriment of native-born workers. This overlooks some valuable economic contributions from immigration on both the supply of and demand for labor....

"Bank on Los Angeles": city helps corrupt banks profit from illegal activity - 03/25/09

The City of Los Angeles recently announced a new public-private partnership called "Bank on Los Angeles" (bankonla.com) that's designed to help 10,000 low-income residents who don't have bank accounts ("the unbanked") open up accounts. It's also open to illegal aliens [1], and that means that Los Angeles City will be encouraging corruption by helping major banks profit from money that was earned illegally.

AIG bonuses: just a cover for tens of billions to their counterparties? - 03/17/09

That's what disgraced former New York governor Eliot Spitzer thinks (link): Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?

Felipe Calderon Feb. 2008 U.S. visit: Eliot Spitzer, Blagojevich, Schwarzenegger, Villaraigosa, Fabian Nunez - 02/09/08

Mexico's president Felipe Calderon will be visiting parts of their former territory next week, stopping in New York, Boston, Chicago, Sacramento, and Los Angeles but apparently avoiding Washington DC. In addition to U.S. officials, and some who are supposedly U.S. officials, he'll probably also be meeting with community leaders, such as those from non-profits, "hometown associations", the leaders of his PAN party who operate inside the U.S., and the like. Unfortunately, it's difficult to find a listing, but if anyone could leave information in comments that would be quite helpful. In...

San Francisco approves ID card; corruption in plain sight; Tom Ammiano? - 11/14/07

The San Francisco Supervisors have approved a city ID card for everyone, including illegal aliens (link). While this will be sold as either a wacky plan from the far-left or a common-sense solution, the more likely reason this was pushed through is hiding in plain sight: [Bill author, supervisor Tom Ammiano] said banking institutions in San Francisco have signaled their willingness to accept the municipal ID card for the purpose of setting up accounts. He noted that people without bank accounts are frequently more vulnerable to theft and robbery. Officials with the city's Bank on San...

Nina Bernstein/NYT: Immigration enforcement equals fear - 12/24/06

Our old favorite Nina Bernstein of the New York Times offers "Immigrants Go From Farms to Jails, and a Climate of Fear Settles In". She spends two screens painting a picture of upstate New York dairy farmers and their illegal alien employees living in a state of fear. The poor dear farmers are afraid one of their enemies is going to drop a dime on them to ICE. The poor oppressed illegal aliens are afraid of being taken away in shackles (if the report had audio, it would be of the sound of cattlecars). She even uses the phrase "harvest of fear" and makes a reference to "The Twilight Zone". She...

Federal Reserve is completely corrupt (Directo a Mexico) - 12/06/06

The U.S. Federal Reserve is encouraging and profiting from illegal immigration by tapping into the remittances market (money sent from workers in the U.S. back to their home countries). A significant portion of the money sent to Mexico was earned by illegal aliens who were involved with the illegal activity associated with illegal immigration: illegally entering the U.S., document fraud, ID theft, hiring an illegal alien, etc.

"Banks aim to help immigrants send money home" - 01/27/06

What a heart-warming title to this CSM report (link). Of course, they don't go into the downsides: billions of dollars is flowing out of the country and being used to prop up corrupt foreign governments and depriving those countries of the citizens and industries they need to improve. And, that encourages those corrupt governments to send us even more of their people. And, many of those "immigrants" are in fact illegal aliens.