Tea Party Loses in Fight with Big Business

By Jim Lobe* WASHINGTON, May 16, 2012 (IPS) – For leaders of the right-wing populist “Tea Party” who have bragged about their growing influence – if not domination – of the Republican Party, the past week’s battle over the future of the U.S. Export-Import Bank (Ex-Im) has been a humbling …

Why QE2 Failed: The Money All Went Offshore

Why QE2 Failed: The Money All Went Offshore Ellen Brown July 8, 2011 http://WebofDebt.com/articles On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got …