The Fed Turns 100: A Survey of the Critics - *Submitted by Gergory Bresiger of The Ludwig von Mises Institute,* *End America’s central bank because it caused the crashes of 2008, 1987, and 1929 and ...
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The Fed chose to bump up the so-called "discount" lending rate by one-quarter point to 0.75 percent. It takes effect Friday.
President Obama created an 18-member fiscal commission Thursday charged with coming up with ideas to begin erasing $14.3 trillion in government red ink.
"These are tough times, and we can't keep spending like they're not," Obama said.