WHAT ABOUT charges already spiking that the Fed is trying to reelect Barack Obama? Aren’t you worried about the political perceptions? “We don’t take those factors into account.” – Ben Bernanke [during news conference covered by CNBC Matthew Yglesias boiled it down: This isn’t my dream of super-clear forward guidance, but it’s a huge step [...]
Tag Archives | Ben Bernanke
Obama’s Economic Cauldron of His Own Making
IT’S THE REALITY that rings the loudest. From Matthew Yglesias: This is a Fed full of Obama appointees pursuing a disastrous policy trajectory that’s creating all kinds of problems for Obama. But I’ve never read any reporting indicating that the Obama economic team is upset about monetary policy, I’ve never heard any discontent with monetary [...]
Leading Republicans Channel Rick Perry in Bernanke Letter
The context for the letter is a special two-day meeting of the Federal Reserve’s Open Market Committee being held precisely in order that FOMC members can inform themselves about the options available. For those of us who are frustrated with the prospect of endless mass unemployment, it was an exciting sign that the federal agency [...]
Rick Perry, Not Ready for the National Stage
This guy may be good for Texas, but he’d be a disaster for America around the world. It’s one thing when Tea Party politicians in the House don’t understand economics. But when you have presidential candidates like Rick Perry running around saying Ben Bernanke would be considered “treasonous” for doing his job, while simultaneously touting [...]
Ron Paul
**UPDATED BELOW** Mr. Paul will not be back to Congress after his last presidential run. His brand of courage on our foreign interventionism has always been refreshing, even if he’s wrong on many other matters. Particularly, I always find it odd that these freedom fanatics think this is something that’s not for women. Love him [...]
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