Quote of the Day
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I encountered among my comrades the most varied human traits, from frankness to reserve, from goodness, uprightness and kindness, to brutality and baseness.
The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term.
Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy.
Enrique Pena Nieto
For Operation Desert Shield and Desert Storm, 267,300 reserve component service men and women were called to service.
No one ever saw all of him. It took me nearly four decades to allow my father his shadows, his reserve, to sit silently with him and not clamor for something more.
The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example.
The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing.
You have safety and soundness as primary purpose of the Federal Reserve, the OCC, and the other agencies which control banking regulation.
When they return home from serving our country, our National Guard and Reserve members shouldn't have to be confronted with red tape in order to access the benefits they've earned fighting for our country.
Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.
The reason I am so negative about the Federal Reserve's policies is that they only target core inflation and argue that they can't identify bubbles, but when each bubble bursts, they flood the system with liquidity that brings about unintended consequences.
There should be a readiness, on our part, to investigate with candor to follow the truth wherever it may lead us, and to submit, without reserve or objection, to all the teachings of this religion, if it be found to be of divine origin.
It's absolutely critical that we audit the Fed so the American people can see what's going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I've introduced, and get rid of the Fed.
I write in the mornings. I get up every morning at about six in the morning and write until nine, hop in the shower and go to work. Nighttime I usually reserve for re-reading what I've done that morning. I would be lying if I said I stuck to that schedule every single day.
At the global level, there are a growing number of city-based bike-sharing programs that take advantage of mobile devices to reserve your bike, keep track of it, and collect data that helps to improve the service.
The dollar is currently the principal reserve currency in the world.
Robert C. Solomon
Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.
While it is important to maintain a balanced approach to solving our nation's energy problems, we must commit ourselves to recognize some areas as 'off limits,' and the Artic National Wildlife Reserve is a national symbol of that commitment.
In the university library, we know when a book has been used in a class or put on reserve... or while it was out, did somebody call it back in. It turns out to be a pretty good indicator of how relevant the work is at that time.
If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.
There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
Robert C. Solomon
Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.
Without the Guard and Reserve, our active duty troops could hardly deploy.
The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.
I remembered the 500 people that lived on a reserve outside my little town, behind a big fence.
A. P. J. Abdul Kalam
John F. Kennedy
Martin Luther King, Jr.
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