Fed expects to raise funds rate 450% over next 12 months

Tightening on steroids…from .25% today, the Yellen-led Fed says they expect to raise the funds rate to 1.375 (+450%) by the end of 2015 and to 3.75% (+1400%!) by the end of 2017. See: Fed officials predict Fed funds rate to rise to 1.375% by 2015-end.

That oughta put a little crimp in some bank profits. Behold the horror of the zero bound: all moves up will feel relatively monstrous.

Posted in Main Page | Comments Off on Fed expects to raise funds rate 450% over next 12 months

Alzheimer prevention aided with diet and exercise

There is presently no cure for Alzheimer’s, but as with most disease, our lifestyle choices can play a large role in prevention.

“Alzheimer’s experts increasingly are researching ways to prevent or delay memory decline instead of just focusing on treating patients who have the disease. There have been encouraging results from some studies of preventive strategies, including lifestyle interventions in people at risk for dementia. Some 5.2 million people in the U.S. had Alzheimer’s in 2014, a number that is expected to about triple by 2050.” Here is a direct video link.

Posted in Main Page | Comments Off on Alzheimer prevention aided with diet and exercise

How financial criminals duck justice

This type of fraud and collection avoidance requires the assistance of the best lawyers and accountants that crime proceeds can buy…

Paul Bilzerian, a Wall Street felon who owed the government $62 million, lived for nearly two decades in his “Taj Mahal.”Here is a direct video link.

Posted in Main Page | Comments Off on How financial criminals duck justice