The United States Bullion Depository was, according to Wikipedia, an unintended byproduct of a 1933 executive order banning the private ownership of large quantities of gold. Those who didn't move their gold to Switzerland sold it to the Federal Reserve, which found that it didn't really have any pl ... More >>
Prosecutors team with debt collectors to terrorize consumers in ways both highly profitable and usually illegal.
First, the good news. The Dallas Fed's most recent economic numbers show that Texas' economy is growing. That growth is moderate, 2.4 percent for the year, but it's better than in the country as a whole. Energy is booming; so is construction. Even the government sector is expanding slightly, in a st ... More >>
How greedy speculators bought politicians and drove up the price of oil.
Friday evening, two groups of protesters, Occupy Dallas and Occupy the Federal Reserve, lined opposite side of N. Pearl Street at Woodall Rodgers in front of the Federal Reserve Bank of Dallas. "We got sold out, Feds got bailed out!" Occupy Dallas protesters shouted in unison on the west side of Pea ... More >>
Rick Perry's Texas is a job-making, low-taxing oasis of prosperity. It's also pure fantasy.
Honk if you find politically motivated honking sort of annoying.Driving home last night, I saw a few lonely sign wavers on the north side of Northwest Highway. "Bring our troops home now," the signs urged, and I thought: Hey. That's nice. A totally depoliticized protest of our country's ongoi ... More >>
​On the other side you'll find a lawsuit I came across this morning while looking for something completely unrelated: United States of America v. PrimeLending. The residential mortgage lender, HQ'd in Victory Park, is a subsidiary of PlainsCapital, which, maybe you remember, took $87.6 mil in TARP ... More >>
​On the other side's a letter state Rep. Eric Johnson sent Governor Rick Perry yesterday, in which the District 100 representative asks Perry to apply for federal funds intended to "provide critical resources to help small businesses continue to drive economic recovery and create jobs." That's per ... More >>
Don't mince words, Richard Fisher, what do you really think?​Some Tuesday morning odds and sods:First, from The Wall Street Journal, this op-ed from Richard Fisher, president of the Federal Reserve Bank of Dallas, who tells the Senate to lay off his boy Ben Bernanke as he tries to re-up his positi ... More >>
Alexa SchirtzingerThis morning, in the reflection of Dallas's Fountain Place building, a small group of environmental activists gathered as previously announced to oppose the nomination of former Texas Natural Resource Conservation Commission head John Hall as the new regional director of the Enviro ... More >>
I see Schutze is finally cleaning out his closet ... Mayor Tom Leppert's in D.C. this morning at the invite of Barney Frank, whose House Financial Services Committee is set to discuss why it's become so danged difficult and cost-prohibitive for cities to issue bonds -- and how Washington can fix it, ... More >>
Patrick MichelsJarrod Atkinson, trying not to shout. If you're meeting up with friends later today, Jarrod Atkinson has a joke for you to try. He told his rendition through a megaphone Saturday afternoon, before a crowd outside the Federal Reserve Bank of Dallas, and it went a little like this:"Knoc ... More >>
Dallas Fed president Richard FisherRichard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas, just delivered a speech to the Japan Center for Economic Research in Tokyo, where he didn't quote Bob Dylan or compare the economy to the contraptions of Rube Goldberg -- t ... More >>
The Economist takes a gander at Texas -- "America's most robust big state" -- and concludes (spoiler alert!) that "many now fear that Texas's low-tax, low-spend model will need revision." Why come?In December 2008 and January 2009 the state lost tens of thousands of jobs. Unemployment reached 6.4% i ... More >>
Rube Goldberg's "Self-Operating Napkin"As noted here several times in the past, Richard Fisher, president and CEO of the Federal Reserve Bank of Dallas, gives mighty good speech -- full of literary references, song lyrics and the assorted accumulated detritus collected in a bright mind. He was down ... More >>
Dallas Federal Reserve president and CEO Richard FisherDallas Federal Reserve president and CEO Richard Fisher was on C-SPAN's Washington Journal this morning warning that the "Buy American" provision in the House's stimulus bill is bad, bad news. European officials said over the weekend they're ter ... More >>
Dallas Federal Reserve president and chief executive officer Richard Fisher, pictured at right, spoke today in front of the World Affairs Council of Dallas/Fort Worth and the Dallas Committee on Foreign Relations. As always, the text of his speech -- titled, hysterically, "Historical Perspectives on ... More >>
Over the weekend, A Scanner Darkly star (well ...) Alex Jones made the trip up to Dallas to take on the Federal Reserve -- though, really, how many folks are in the building on a Saturday? Those folks who ditched out on Dealey Plaza brought their bullhorns and placards to 2200 N. Pearl Street, where ... More >>
Tristan Simon expands his empire
Heritage Auction Galleries made a fortune selling rare coins. Now it’s making a mint offering gems from America’s rich past.
Young Conservatives make a fuss with immigration protest
The In-Laws is bigger and broader than the original, but not better
What's it like surviving the telecom bust? Numbers alone don't tell the story.
Come boom or bust Dallasites gotta eat--out, that is
The new Farrakhan sounds a lot like the old -- anti-Semitic
Despite the Starr report's dirty details, Paula Jones' case against the nation's "first black president" hinges as much on race as on sex
William Morgan says he's just an innocent document dealer snared in a campaign finance scandal. And if you believe that, he has some old railroad bonds he wants to sell you.
World-class embezzler Gary Lewellyn rebounds with a fast-selling treatment for A.D.D.
Pat Buchanan waves the bigot's banner in New Hampshire
Crimson Tide and Die Hard With a Vengeance provide summer's action fix
How a mythic Texas family won the gratitude of a dictator
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