Fed statement - FRB: Press Release--FOMC statement --August 10 2010


Fed statement : Photo Gallery

Stock Futures Rebound Ahead of Fed Statement - TheStreet
Stock Futures Rebound Ahead of Fed Statement - TheStreet
Slideshow: Stock futures point to higher open | Reuters.
Slideshow: Stock futures point to higher open | Reuters.
Bummed About $1420 Gold | 5 Min. Forecast
Bummed About $1420 Gold | 5 Min. Forecast
Fed Leaves in Extended Period Language, but Lots of Upgrades ...
Fed Leaves in Extended Period Language, but Lots of Upgrades ...
US stocks open higher ahead of Fed statement - Business News - IBNLive
US stocks open higher ahead of Fed statement - Business News - IBNLive
Treasuries Decline, Stocks Gain After Fed's Statement, Retail ...
Treasuries Decline, Stocks Gain After Fed's Statement, Retail ...
What Today's Fed Statement Means for Your Mortgage
What Today's Fed Statement Means for Your Mortgage
Treasuries Decline, Stocks Gain After Fed's Statement, Retail ...
Treasuries Decline, Stocks Gain After Fed's Statement, Retail ...
Federal Reserve System » Monty Pelerin's World
Federal Reserve System » Monty Pelerin's World
Wall St stays near flat after Fed statement
Wall St stays near flat after Fed statement
Fed Statement: Economic Slowdown, Low Rates to Continue
Fed Statement: Economic Slowdown, Low Rates to Continue
Federal Reserve gloomier on jobs, economic growth - Jun. 22, 2011
Federal Reserve gloomier on jobs, economic growth - Jun. 22, 2011
Financials end down after Fed statement - Financial Stocks ...
Financials end down after Fed statement - Financial Stocks ...
EconomistMom.com » Blog Archive » NPR's Planet Money Translates ...
EconomistMom.com » Blog Archive » NPR's Planet Money Translates ...
FedStatementJan26.jpg
FedStatementJan26.jpg
US stocks edge higher ahead of Fed statement - International ...
US stocks edge higher ahead of Fed statement - International ...
Fed Mission Statement
Fed Mission Statement
Dissecting the Fed Statement | Forex Blog: Piponomics
Dissecting the Fed Statement | Forex Blog: Piponomics
fed_statement.png
fed_statement.png
 ... Statement FDIC Banks (Federal Reserve) in Annual Disclosure Statement
... Statement FDIC Banks (Federal Reserve) in Annual Disclosure Statement
PIN-FED STATEMENT FORMS AND ENVELOPES
PIN-FED STATEMENT FORMS AND ENVELOPES
09-08-12_fed_statements.png2009859125.jpg
09-08-12_fed_statements.png2009859125.jpg
Publication 17 (2010), Your Federal Income Tax
Publication 17 (2010), Your Federal Income Tax
Justia :: D. HUD-1 Settlement Statement
Justia :: D. HUD-1 Settlement Statement
US Stocks Zigzag In Very Volatile Trading After FOMC Statement
US Stocks Zigzag In Very Volatile Trading After FOMC Statement
Pessimistic Bernanke Fed Admits QE Has Failed In FOMC Statement
Pessimistic Bernanke Fed Admits QE Has Failed In FOMC Statement
Recommended: 'Modest' Fed statement puzzles markets
Recommended: 'Modest' Fed statement puzzles markets
OIL FUTURES: Crude Holds Early Gains Ahead Of Fed Statement
OIL FUTURES: Crude Holds Early Gains Ahead Of Fed Statement
Stanley Says Fed Statement May Disappoint Some Investors
Stanley Says Fed Statement May Disappoint Some Investors
PRECIOUS METALS: Gold Ends At Record High Ahead Of Fed Statement
PRECIOUS METALS: Gold Ends At Record High Ahead Of Fed Statement
Dollar extends losses after FOMC statement
Dollar extends losses after FOMC statement
Dow rallies after Fed statement, up 429 points
Dow rallies after Fed statement, up 429 points
EMERGING MARKETS-Latam stocks rebound, US Fed statement due
EMERGING MARKETS-Latam stocks rebound, US Fed statement due
FTSE bounces above 5000 as Fed statement eyed
FTSE bounces above 5000 as Fed statement eyed
Chile Stocks Pare Part Of Prior Gains After US Fed Statement
Chile Stocks Pare Part Of Prior Gains After US Fed Statement
Trading choppy as Wall St digests Fed statement
Trading choppy as Wall St digests Fed statement
Oil Stays Below $80 After Fed Statement
Oil Stays Below $80 After Fed Statement
Stocks Seesaw as Investors Scramble after Fed Statement
Stocks Seesaw as Investors Scramble after Fed Statement
Mexico's peso weakens after Fed statement
Mexico's peso weakens after Fed statement
Late Rally Lifts S&P 500 by 4.8%; Fed Lowers Economic View
Late Rally Lifts S&P 500 by 4.8%; Fed Lowers Economic View

Fed statement : Videos

Stock Market Videos: Key Fed Statement To Drive Markets, Profit Here
Stock Market Videos: Key Fed Statement To Drive Markets, Profit Here
Russian economic head lines, FED statement, Gold & Silver , fiat money.
Russian economic head lines, FED statement, Gold & Silver , fiat money.
Fed Meeting & Greece Update [NBC: 6-21-2011]
Fed Meeting & Greece Update [NBC: 6-21-2011]
Stock Market Video: Fed Policy Statement Analysis, Dollar Drops
Stock Market Video: Fed Policy Statement Analysis, Dollar Drops
Bernanke and Market Reaction [NBC 7-14-2011]
Bernanke and Market Reaction [NBC 7-14-2011]
Fed Chairman Ben Bernanke Will Hold Press Briefings Four Times A Year
Fed Chairman Ben Bernanke Will Hold Press Briefings Four Times A Year
JAPAN MELTDOWN OF NUCLEAR REACTORS
JAPAN MELTDOWN OF NUCLEAR REACTORS
Federal Reserve is Destroying America!
Federal Reserve is Destroying America!
Press Conference with the Chairman of the FOMC, Ben S. Bernanke
Press Conference with the Chairman of the FOMC, Ben S. Bernanke
Contact Fed Its Prank Marriage With False Investigation Statement Tried At Time Warner Press
Contact Fed Its Prank Marriage With False Investigation Statement Tried At Time Warner Press
Ron Pauls Texas Straight Talk 5/2/11: On Constitutional Concerns
Ron Pauls Texas Straight Talk 5/2/11: On Constitutional Concerns
The Federal Reserve Funded Hitlers Germany with US Tax Dollars
The Federal Reserve Funded Hitlers Germany with US Tax Dollars
The Federal Reserve Secretly Bailed Out Gaddafis Bank with US Tax Dollars
The Federal Reserve Secretly Bailed Out Gaddafis Bank with US Tax Dollars
Dom Bower Portfolio Critique Mission statement
Dom Bower Portfolio Critique Mission statement
Charge The State On Fraud Statements Contact The Fed Of Fraud Lie Statement At Time ...
Charge The State On Fraud Statements Contact The Fed Of Fraud Lie Statement At Time ...
SmarTrend Market Close Wrap-Up -- June 22, 2011
SmarTrend Market Close Wrap-Up -- June 22, 2011
Monetary Policy Hearing (3/17/2011) - James Grant
Monetary Policy Hearing (3/17/2011) - James Grant
anonymous to sue the fed~ A99 Empire State Rebellion ~ legal support call to ...
anonymous to sue the fed~ A99 Empire State Rebellion ~ legal support call to ...
Bradley Mannings Case Should be Dismissed after Barack Obamas Guilty Statement
Bradley Mannings Case Should be Dismissed after Barack Obamas Guilty Statement
Stock Market Video: Silver, Holday Volume And New Fed Statements
Stock Market Video: Silver, Holday Volume And New Fed Statements
09.08.2011. FED speaks - Dow Goes Negative - No Interest Hikes
09.08.2011. FED speaks - Dow Goes Negative - No Interest Hikes
A99 OpESR Communication #2: CTRL+A+Bernanke
A99 OpESR Communication #2: CTRL+A+Bernanke
END FED: Judge Nap On 3.3 Trillion Give Away From Fed--More ...
END FED: Judge Nap On 3.3 Trillion Give Away From Fed--More ...
Herman Cain: My Economic Recovery Plan Cant Work
Herman Cain: My Economic Recovery Plan Cant Work
U.S. Week Ahead: In Fed policy statement, QE3 unlikely
U.S. Week Ahead: In Fed policy statement, QE3 unlikely
Bachmann aides reportedly fed up
Bachmann aides reportedly fed up
Fed Chiefs Opening Statement
Fed Chiefs Opening Statement
GOP makes empty statement with Boehner bill
GOP makes empty statement with Boehner bill
Stocks Mixed Ahead of Fed Statement
Stocks Mixed Ahead of Fed Statement
Bernanke Testimony
Bernanke Testimony
Bernanke on Debit Card Fees Ruling
Bernanke on Debit Card Fees Ruling
Fed explains rate cut
Fed explains rate cut
President Obama on Debt Deal
President Obama on Debt Deal
Bernanke on the economy
Bernanke on the economy
Good Fed Statement May Lead to Treasurys Selloff
Good Fed Statement May Lead to Treasurys Selloff
Fed in Focus
Fed in Focus
Fed Effect on Commodities
Fed Effect on Commodities
Fed Watching
Fed Watching
Forecasting the Fed
Forecasting the Fed
Lawmakers Opening Statements
Lawmakers Opening Statements
Market Reaction to the Fed
Market Reaction to the Fed
Feds Plan to Revive Economy
Feds Plan to Revive Economy
Maki Doesnt Expect Fed Policy Actions Right Now
Maki Doesnt Expect Fed Policy Actions Right Now
Fed Waits for Better Employment Data
Fed Waits for Better Employment Data
Publicizing GOP statements ignores shortcomings of GOP policy
Publicizing GOP statements ignores shortcomings of GOP policy
Dollar to Drop?
Dollar to Drop?
Fed Matters
Fed Matters
Bernankes Opening Statement
Bernankes Opening Statement

Fed statement : Latest News, Information, Answers and Websites

How does the Fed statement that unemployment will stay high over the next 2 years bode for Democrats in 2010?

Where are all those Obama supporters claiming it will keep dropping....Probably drinking some more Koo Aid mix... One thing is certain many Democrat congress persons will be joining that high unemployment following the Republican Congressional route in 8 months from now :D The Federal Reserve expects unemployment will stay high over the next two years because recession-scarred Americans are likely to stay cautious, making for only a moderate-paced economic recovery. Fed policymakers said in a forecast released Wednesday that it will take "some time" for the economy and the jobs market to get back to normal. They did not spell out how long that would be. Previously they suggested it could take five or six years for economic conditions to return to full health. A "sizable minority," however, thinks it could take more than five or six years for the economy and the job market to return to normal. http://www.realclearpolitics.com/news/ap/politics/2010/Feb/17/fed__unemployment_will_stay_high_over_next_2_years.html
Answer: It means Armageddon is near for the Dems. They ought to break out the cyanide kool aid soon.
Category: Politics

Wall Street Loses Gains Following Dismal Fed Statement On U.S. Economy

Stocks lose gains seen after bouncing back from yesterday's crash following the Fed's statement indicating an economic downturn ahead.

Does the Fed action yesterday underscore Democrats & Obamas porkulated stimulus only added debt 2 our economy?

The Federal Reserve, facing an economic recovery that it termed "more modest" than anticipated, said Tuesday it will stop shrinking its huge portfolio of securities by reinvesting the proceeds of maturing mortgages in U.S. Treasury debt. The Fed move is largely symbolic and is unlikely to stimulate the economy significantly. But the shift in the management of its portfolio—and an accompanying statement—underscored Fed officials concern about the vigor of the economic recovery. It also opens the door for bigger purchases of Treasurys or other securities should the economy falter or the risk of deflation grow, though the hurdle for such action remains high. http://online.wsj.com/article/SB10001424052748704164904575421481861512518.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsSecond
Answer: i think a meltdown is on the way!!
Category: Politics

Fuel Fix » Oil turns lower after Fed statement

Oil turns lower after Fed statement.

FRB: Press Release--FOMC statement--March 18, 2009

Board of Governors of the Federal Reserve System ... Press Release. Federal Reserve Press Release. Release Date: March 18, 2009 ...

Wall Street pares gains after Fed statement — Clearing and Settlement

Wall Street pares gains after Fed statement. August 9, 2011 By RSS Feed Leave a Comment. NEW YORK | Tue Aug 9, 2011 2:38pm EDT. NEW YORK (Reuters) – Stocks pared gains and the Dow and SP 500 briefly turned negative on Tuesday in ...

Why does the Fed buying back treasuries decrease unemployment?

Bloomberg had an article with the statement "The Federal Reserve will buy as much as $65 billion in Treasuries a month as it attempts to stem job losses." Why does buying back treasuries stem job losses? I dont see the connection. Thanks for the answers but I am still confused. If they buy back treasuries wont that raise the price, hence increase the yield? If the yields increases then it costs us more to borrow and raise interest rates?
Answer: Re:Why does the Fed buying back treasuries decrease unemployment? It doesn't directly. It just pumps more liquidity into the system so banks will have more to lend, and hopefully make more loans to businesses and consumers. Re: If they buy back treasuries won't that raise the price, hence increase the yield? If the yields increases then it costs us more to borrow and raise interest rates? Good followup question. Yes, it MAY raise interest on Treasuries it reduces the supply of available Treasuries. However, that just makes loans to business and consumer more attractive to banks than Treasuries. Feel free to post more follow-ups if you need more clarification, I'll check back...
Category: Investing

FRB: Press Release--FOMC statement--September 23, 2009

Board of Governors of the Federal Reserve System ... Press Release. Federal Reserve Press Release. Release Date: September 23, 2009 ...

US STOCKS-Futures rebound from plunge, Fed statement due | Reuters

8 hours ago ... Fed policymakers to meet, no major policy changes seen * China July inflation rises, adds to overseas losses * Analysts: market may be ...

When Federal Open Market Committee Statement comes out next week, what will the 1st sentence say?

Ive been searching the internet for this information, and I dont know how to search for something that hasnt even happened yet. So I need to know what the first sentence will say when the FOMC comes out, and why will it say this.
Answer: In the past, they have always opened by saying, "Our crystal ball obviously can not see the future, but we believe the economy is....." They will say this because it is tradition, then they will go on to say how the economy is doing, and how it will do.
Category: Other - Business & Finance

How does the federal government defend their statement of making marijuana illegal?

In what ways can the government defend their position of criminalizing the use of marijuana (or any controlled substance for that matter) through the use of the constitution. If Im not mistaken all aspects not addressed in the constitution are reserved to the states. How is criminalizing certain substances acceptable, where as it is not for similarly harmful substances such as tobacco or alcohol?
Answer: How does the government justify making cigarettes legal and marijuana illegal? That's the question over 42% of Americans have been asking themselves since the 70's. There are many reasons why our government is playing monopoly with this issue. First on the list is the Religious Right which has always had a lot of pull in government. Firmly believers that marijuana is dangerous evil drug that destroys lives. 2) Paper, and textile manufacturers lobbyists are stalling it because they don't not want the competition. 3) Many say the CIA has fought to keep it illegal in order to maintain a artificial market; which allows them to run drugs and raise money for "Black Projects." It's sad really when you look at how many non violent drug offenders behind bars in this country. It is a shame that we have decided to incarcerate these people rather than treat them and provide an alternative to such damaging behavior. Politicians are hooked on the prison money they get from all these non violent drug offenders in jail. Don't forget all the private prison industry lobbyist as well.
Category: Law & Ethics

FRB: Press Release--FOMC statement --August 10, 2010

Aug 10, 2010 ... The Federal Reserve Board of Governors in Washington DC.

Does the Fed Statement Mean Mortgage Rates Will Stay This Low ...

Alex Stenback unpacks the latest news from the Fed, and how it may impact mortgage rates in 2011.

What did that little statement mean about the federal government?

keeping an eye on the finances of businesses? How is that legal in a democratic society? And this is just one of Bushs proposals for tomorrow. He kind of just slid that right in there.
Answer: Correction. America is a Republic, thus the government is a Republic. Not a Democratic government.
Category: Government

FOMC STATEMENT: A PRUDENT NO DECISION | PRAGMATIC CAPITALISM

This is actually a pretty interesting Fed statement when you read into the changes a bit. First of all, I think it's a good move by the Fed to avoid jumping.

Fed Statement Following June Meeting - Real Time Economics - WSJ

Jun 22, 2011 ... The following is the full text of the statement following the Fed's June meeting :

FRB: Press Release--FOMC statement--April 27, 2011

Board of Governors of the Federal Reserve System ... Press Release. Federal Reserve Press Release. Release Date: April 27, 2011 ...

Forgot to add a copy of the home purchase settlement statement to my federal tax return?

Im a tard and didnt add a copy of my Home purchase settlement statement to my federal tax return and I mailed it... Im sure this is going to make it take twice as long now, but does anyone know if I can send it to them now? or do I, or should I, wait until they review it? How about a phone number I can call and ask?
Answer: It won't take twice as long - but it will delay it. Don't send it now, it'll just get lost in the pile. Wait until they review yours - they'll ask for it then. You can fax it to them - shouldn't result in a big delay.
Category: United States

Please explain current Fed policy including the use of quantitative easing. Consult latest Fedpolicy statement?


Answer: Please do your homework
Category: Economics

how do you write a narrative statement on a federal jobs application?

the application for the position i want tells me that i should write a narrative statement that covers the Knowledge, Skills, Abilities (KSA) set that is required for the job. there are four points. each reads something like "knowledge of communication and management principles, methods, and techniques." there is little guidance on how to do this. i was thinking of responding to each point in first-person format, detailing aspects from my experience that would highlight concrete accomplishments in those areas that you would expect someone with that skillset to have. is that appropriate?
Answer: To whom it may concern, I understand your point concerning to this famous topic basing to your past question about the issue of federalism which maybe or maybe not the solution for forming a new system of government. In fact your present question though i not sure if this is the answer you are expecting to receive I think this statement for federal jobs application that you explained I will go for it. If it is to do with managing or directing a domain or sort of administration whatsoever I gather your proposition is the right action to be taken. So i think you can do that and wait what outcome you may get and how far you will go for it. This space I want to take it for granted to bring back your past question about federalism might bring good result to the Philippines. In fact I was one of those who thought it won't do good especially with the presence of the arroyo family the injustice that they are doing to the country authomatically people like me will say no. The truth is why not first define the word federal to the population then propose this type of government.Maybe it's good for the philippines but federal system means one boss for the whole country and everybody has to submit to HER majesty and no one will disagree because the whole population voted for her to be the boss. Therefore she wants it that way to be the center. Now if you have a different difinition for the famous word federal let the whole country understand the purpose.Because in Europe most government is Republic except Germany and Russia I think otherwise is what I said.But the thing is white people has a highly respect to their government and disciplined people base to their upbringing, but filipinos are kind of people believes more on getting things by force all by means whether by killing their advesary or beat them to death. Giving the freedom to the arroyos it will result to same regime of the marcuses. In fact whether philippines becomes federal or republic won't change much. the best thing that philippines can do is to discentralise the services by giving the power issuing papers to those who wants to have their lives change, like example the issuance of visa papers example like here in europe. Just in France you can have visa issued by an extension embassy and in Belgium as well. Philippines has a lot of big cities who can perform this type of procedure, without going to the capital, this you can propose to the government. It's not normal people from Vigan goes to manila for visa procedure, just question of distance and money it's not logic, we are in the 21st century and the system is still stone age. back to your question of application it's a good idea as long as your skill is management it will work. I hope you will publish this answer of mine in your press as well as my proposition about the present system of the government. thanks a lot hope you will consider this letter and put in the issue Respectfully yours, joryday
Category: Government

What does this federal government budget statement mean?

"Includes $33.0 billion for a 2010 supplemental request" Does the above statement mean that that is extra money for miscellaneous use or something?
Answer: When many governmental programs are funded, they are merely funded at anticipated expenditure rates. However, circumstance may arise which require the authorizing agency to expend funds at an accelerated rate. For example, FEMA is tasked with managing natural disasters. It has an operating budget to fund its activities; but the agency has no way of knowing how many disasters it will be forced to contend with in the course of the year. It's conceivable, therefore, that a great many disasters could deplete the agency's budget half way through the fiscal year. In that case, FEMA will request additional funding in the form of a "Supplemental Request." This is a common budgetary procedure.
Category: Government

Today's Fed Statement | Crossing Wall Street

Today's Fed statement. Hot off the presses: Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had ...

which of the following is an accurate statement about the federal court system?

a. the creation of new federal courts requires a constitutional amendment b. the creation of new federal courts requires the unanimous consent of all 50 states c. the supreme court has the sole power to create new federal courts d. congress has the power to create new federal courts e. the number of federal courts is fixed by the constituion and cannot be changed
Answer: d
Category: Law & Ethics

How does the Fed inject money by buying bonds ?

I read this statement below and it states that the Fed buys bonds to inject cash into the economy. How does this process work and what bonds are they buying ? Treasury bonds ? If this is the case, it seems like a big scam since the Fed/Treasury are essentially both Government anyway. "First, the Fed will start modifying the language in its regular policy statements, gradually raising the prospect of an end to cheap money. It will ease up on the bond purchases it uses to inject cash into the economy. Finally, it will raise rates."
Answer: Simple, when they buy bonds back they are paying for them with cash, so the institutions that were holding the bonds now have cash, and in the case of lending institutions they can lend it out.
Category: Investing

Markets volatile after Fed statement | Investing | Financial Post

The S&P/TSX composite index climbed 143.23 points, or 1.23 per cent, to 11814.19 while the Dow Jones industrial average rose 86.28 points, or 0.80 per cent, to 10896.13 in opening trading as steep losses from the ...

Today the Fed said the economy is suffering...is this the ultimate DUH! statement?

Just read: http://news.yahoo.com/s/ap/20080305/ap_on_bi_go_ec_fi/fed_economy Since when did our government become Captain Obvious?
Answer: Until Hilary gives up the economy is going to continue diving on the strength of world opinion that sewer politics is coming to America!!!
Category: Other - Society & Culture

What does it mean by "the Fed injected liquidity" into the market? US Govt printing more money?

AFX News Limited US Fed reportedly injects 24 bln usd to calm markets 08.09.07, 11:33 AM ET WASHINGTON (Thomson Financial) - The US Federal Reserve has reportedly injected 24 bln usd into financial markets this morning, higher than the 15 bln usd markets had expected. This in turn suggests that funding issues in the US are running near normal which also suggests that the funds rate will likely tend to move lower over the course of the session. The market appears to be appreciating the benign implications with treasury prices now coming off the boil, said Kenneth Logan at Thomson IFR Markets says There was no statement from the Fed or indication of any to come but in the past it has said it would stand ready to inject liquidity if needed during periods of Wall Street turmoil.
Answer: Well, the government can always print more money. But it does not simply print money and then dump it from the sky or place it evenly into commercial banks. There has to be some mechanism for getting extra cash into the public's hands. It accomplishes this by using "Open Market Operations." Look up that term and the term "Monetary Policy" on http://www.investopedia.com . Interesting reading material. Basically, the Federal Reserve bank has excess cash it keeps out of the system. It will then release this cash into the system to increase the money supply. To do this, the Federal Reserve bank purchases Treasury Bonds from investors on the open market (hence the name, "open market operations"). The Fed receives these bonds and holds them inactive. In return, the Fed transfers cash into the investor's bank accounts, because the Fed gas to pay for these bonds. Walla .... increased cash to the public. The Fed can run this operation in reverse - sell their Treasury bonds to the public and take back cash in exchange - to decrease the money supply. So, the Fed is able to use the free will of investors to influence the money supply. The Fed also has two other tools at its disposal to affect monetary policy. It can change the discount rate as well as change the reserve requirement for commercial banks. However, the Fed rarely messes with the reserve requirement and prefers to use open market operations and changes in the discount rate to facilitate its monetary policy. The money supply and interest rates go hand in hand. As the money supply expands, money becomes more available and thus it is less costly to borrow it. As the money supply shrinks, money is scarce and more "rare" ... hence interest rates rise. You can think of interest rates as the cost of borrowing money. In other words, it is more costly to borrow scarce money than abundant money.
Category: Investing

Question on interpreting a statement about federal taxes?

What does this statement mean? I have never gotten anything about taxes. "If you are a U.S. citizen or U.S. permanent resident, no federal taxes will be withheld automatically from your payments." Please be as simplistic as possible. Thank you. So, I will not get taxed on the check?
Answer: They won't withhold taxes. That doesn't mean it's not taxable income that you report on your tax return, and pay tax on it then.
Category: United States

FRB: Press Release--FOMC statement--November 3, 2010

Nov 3, 2010 ... The Federal Reserve Board of Governors in Washington DC.

should the federal goverment gives us tax payers a statement on social security taxes?

should the goverment send us tax payers every year a statement on how much taxes we have put into the social security account for our retirement and what do they do with all the money they deduct from our salaries since we have been working all our life and paying into SSI for our future retirement.
Answer: There is no account with your name on it. The money is mingled with everyone else's and used to pay current recipients and help cover the national debt. The SSA does send an annual statement with your recorded earnings history. It also shows how much you paid into for FICA/MC. By the way SS retirement and disability benefits are not SSI. SSI is for destitute people.
Category: United States

FRB: Press Release--FOMC statement--September 21, 2010

Board of Governors of the Federal Reserve System ... Press Release. Federal Reserve Press Release. Release Date: September 21, 2010 ...

Dow Turns NEGATIVE After Fed Statement, Losing 200 Points - Full ...

The DOW is extremely volatile after the FOMC statement was released minutes ago, quickly shedding 200 points and trading down more than 60, before briefly turning positive again. Follow the action LIVE here ...




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