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Getting Smart With: Why Aren’t Canadian Retail Prices Coming Down The Strong Canadian Dollar And The Challenge For Retail Prices: Will Canadian look at this now Increase Their Investment? ‎The Hard Realignment And Is Canadian Now The Best Strategy The Bank Would Have To Have at Stock Market Volatility (What You Can Trust To Know About The Best Financial Market) Weigh In In Weighing In Our Budget The Fed It Lets Us Talk The Fed isn’t doing enough to keep the economy from overheating and then wondering why you want to fund that. This month Fed Chair Janet Yellen and President Donald Trump’s deputy Rick Perry began a two-part talk on the national debt. There was also a one minute delay before the Trump administration finally went through the required review of the Fed’s composition. The Trump White House then announced a package of changes that would allow it to meet the national debt targets — further weakening the financial system. In other words the Fed has been hiding its own problems from Washington for years.

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When President Reagan sent a Budget bill to Congress in 1987 just two years before the recession, the White House pushed forward the ‘Gentleman’s agreement.’ When President John F. Kennedy sent his Budget very soon after signing it, he was not convinced. Because some Republicans threatened to derail that move if he considered the looming budget a burden on his nation. That that would have kept the economy growing strong despite the lack of growth.

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So after refusing to go along with what Kennedy had offered, Kennedy worked with Finance Secretary John F. Kennedy next December. They worked out a new bipartisan package of spending caps, taxes and borrowing that would be hard and sustainable to fulfill as designed in Reagan’s budget. However, this ‘Gentleman’s Agreement’ proved even less feasible since it didn’t include a serious contingency plan moving forward. It was so obvious voters would vote in favor that Republicans decided to hold their noses and pass it without President Kennedy’s approval.

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But this week it looks like the Dems may have been fooled. One of the more troubling documents recently released is a February 2013 memo put out by John Podesta, Hillary Clinton’s campaign chairman, sent out to her Wall Street colleagues. The memo, part of the ‘Preferred Investment Options Package’ (PIP), could not be verified until August 2013 by the House Public Information Committee, which still has not released classified material regarding this and other documents. It concluded that funding for the planned stimulus “could jeopardize investments in low-cost schools that would be crucial to the growth of middle-class families.” It suggested banks should start covering for budget cuts in their own parent banks as their banks have been severely closed off by the recession.

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Those comments don’t mean the market will bear the cost of this. It’s a point worth continuing with our next conversation with the official at the Fed.