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 rumours. Show all posts
Showing posts with label rumours. Show all posts
19 February 2013

About that FDIC Controversy, and Some Other Internet Rumours

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I answered a few emails on this a week or so ago, but the issue seems to have come back again. There was a change in the aggregation o...
18 March 2010

Rumours of an Unexpected Fed Discount Rate Hike Dampen Stocks

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Bloomberg reports that rumours of a surprise Fed Discount Rate hike circulated trading desks earlier today, helping to depress stock prices ...
01 September 2009

Rumour du Jour - a Large US Bank Is In Trouble

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As they say on the financial infomercial channels, "US equities appear to be out of favor today." There are rumours swirling the t...
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