Upcoming Struggles

by on September 4, 2013

My Obama watch antenna are unusually sensitive right now. We are headed into another round of semi-gridlock politically inept infighting down in Washington. As usual [more…]

The Fed Acts

by on September 13, 2012

Well it had to sometime. No one else is doing anything.

Only a few days ago I expressed a certain dismay that Ben Bernanke said [more…]

Bernanke Confuses

by on August 31, 2012

OK. Now I get it. The key qualification for any aspiring Chairman of the Federal Reserve Board goes as follows:

Give a long awaited speech [more…]

Bernanke Cautions

by on March 26, 2012

Today's speech by Ben Bernanke has caught quite a bit of attention. So it should. His basic argument is that it far too soon to [more…]

Actual News Not in Davos

by on January 26, 2012

In solidarity with the Chinese government I have decided to forego my trip to the annual Davos shindig. I am willing to overlook the fact [more…]

The Fed Acts

by on September 21, 2011

Look for Bernanke to be burned in effigy at the next meeting of the Republican Party leadership. In defiance of the brazen attempt to interfere [more…]

Republicans and the Fed

by on September 21, 2011

In the category of bald faced hypocrisy, this week's attempt by the Republican Congressional leadership to strong arm the Fed, must surely scale new heights. [more…]

Bernanke: Mr Long Run

by on August 26, 2011

Relax. In the long run it will all be OK. Between here and there ... well now, that's an interesting question, and one that we [more…]

The Fed at Bay

by on August 9, 2011

Just a very quick note about two aspects of the Fed's announcement on interest rates today.

First: it is obviously worried about the economy. Very [more…]

Bernanke At Bay … Again

by on June 8, 2011

Poor Bernanke. He has to explain in almost childish language some things that he probably assumes any half way engaged politician or business person knows [more…]