Tag Archives: Federal Reserve System

Could take 5 years to get 6 percent unemployment: Fed’s Pinalto

Posted on February 29, 2012 by The Great One

Personally, I don’t believe the unemployment rate is at 8%, I believe it is much higher. Also, there are millions of people on reduced hours and/or reduced salaries, and these people’s situation isn’t accounted for in the 8% figure the … Continue reading →

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Fed boss: Regulators looking into foreclosure mess

Posted on October 25, 2010 by The Great One

As far as banks are concerned, I can unequivocally state that for the most part the individuals working on the Making Home Affordable program endorsed by the Obama administration at JPMorgan Chase are totally clueless. I find it incomprehensible that … Continue reading →

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