Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

Showing posts with label Treasury manipulation. Show all posts
Showing posts with label Treasury manipulation. Show all posts
18 June 2010

Official Gold Reserves As of June 10, 2010, and Truths Yet to be Told

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It is important to remember that these are the 'official' numbers. And it does not show how the reserves are 'encumbered' by...
23 February 2010

Treasury to Resume the Monetization of the Fed's Programs to Support the Wall Street Banks

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"It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument...
12 November 2009

Speaking of Garish Bling, the US Long Bond Is On Sale Today

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Some US institutions are being compelled by new government regulations to buy long bonds to 'match duration' of their obligations pe...
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