Money & Markets – Week of 7.28.08

Schwarzenegger Orders Cuts Amid Fiscal Crisis
By Don Thompson – Associated Press (31 Jul 2008)

Fannie’s Favorite Son
By Matthew Lewis – The Center Blog PaperTrail (28 Jul 2008)

Brace for More Bank Failures
By Robert Morley – The Trumpet.com (Sep 2008)

Fed Discount Loans to Commercial Banks Rise to Record
By Scott Lanman – Bloomberg.com (24 Jul 2008)

The St. Louis Fed’s ‘adjusted monetary base’ jumped to 9.7% annualized compound growth.

Money Supply (MZM) at 24 Jul 2008
St. Louis Federal Reserve Report

~ Previous blog posts on MZM: (1) (2) (3) (4) (5) (6) (7) (8) (9)


Nationalize Freddie and Fannie, Greenspan Says
By Steve Matthews – Bloomberg News (31 Jul 2008)

N.Y. Fed Expands Push to Stem Risk in Derivatives
By Shannon D. Harrington – Bloomberg.com (31 Jul 2008)

Russia to Centralize Control of Grain Exports
By Javier Blas – Financial Times, London (31 Jul 2008)

Stressed Banks Borrow Record Amount From Fed
By John Parry – Reuters (31 Jul 2008)

Pilfered Dreams: The Story of Student Loans and Sallie Mae
At PeakOilBlues.com Blog (24 Jul 2008)

Should I Default on My Student Loan?
At PeakOilBlues.com Blog (28 Jul 2008)

Inflation in Europe Reported at 16-Year High
By Fergal O’Brien – Bloomberg News (31 Jul 2008)

Central Banks Extend Emergency Credit; Rate Hikes Less Likely
By Glenn Somerville – Reuters (30 Jul 2008)

More Than a Helping Hand
By James Turk – GoldMoney.org (30 Jul 2008)

U.S. Treasury to Boost 10-year Note Sales As Fiscal Deficit Swells
By David Lawder – Reuters (25 Jul 2008)

KKR Braves Markets To Go Public
By Megan Davies – Reuters.uk (28 Jul 2008)

Disaster Capitalism: State of Extortion
By Naomi Klein – The Nation (1 Jul 2008)

Merrill Analyst Sees Goldman Bank Buy More Likely
By Joseph A. Giannone – Reuters.uk (28 Jul 2008)

As Costs Rise, Inflation’s Next Front is Retailers
By Ellen Simon – Associated Press (27 Jul 2008)

Sludge Report #183: Sunshine on a Cloudy Day
By Alastair Thompson – Scoop Independent News (24 Jul 2008)

Conducting the Philanthropic Dialogue
By Phil Cubeta – Gift Hub (22 Jul 2008)

CFTC Charges Optiver Holding BV, Two Subsidiaries, and High-Ranking Employees with Manipulation of NYMEX Crude Oil, Heating Oil, and Gasoline Futures Contracts
Press Release: U.S. Commodity Futures Trading Commission (24 Jul 2008)

U.S. Central Banking is Now Just Ruthless Patronage
By Jim Willie – Market Analyst (24 Jul 2008)

Foreign Treasuries Just Starting to Notice U.S. Debt Catastrophe
By Jamil Anderlini, et al – Financial Times, London (24 Jul 2008)

Federal Money Managers See Positive Investment Returns
By Katherine McIntire Peters – GovermentExecutive.com (22 Jul 2008)

Congress’ Bailout Opens Doors to Eminent Domain Seizures
By Bob Unruh – WorldNetDaily.com (26 Jul 2008)

British Treasury Planning Huge Rescue for Mortgage Lenders
By Edmund Conway – London Telegraph (27 Jul 2008)

California Plan for Church Finance
By Phil Cubeta – Gift Hub (3 May 2004)