Skip to content

Category Archives: Fed Flap

Fed Flap: When in doubt, blame it on Greenspan

Thursday, June 5, 2008

Greenspan, `Master of Garblements,’ Fares Poorly in Book on Fed –Blooomberg
None of these chairmen comes off well here. Greenspan, “the master of garblements,” fares the worst. His “skill in presenting imprecise, sometimes near-meaningless, conflicting, yet learned-sounding views won him over-the-top adulation for his insights and abilities,” Auerbach writes.
These evasions and deceptions allowed Greenspan to [...]

Also filed in | | Comments (0)

Because Paulson said so…

Wednesday, May 7, 2008

Paulson says credit crisis may be fading
Treasury Secretary Henry Paulson said Wednesday the worst of the credit crisis may have passed but acknowledged that rising gas prices will blunt the effect of 130 million economic stimulus checks. He ruled out a second stimulus package for now.

Also filed in Econorama | | Comments (0)

Stagflation means fewer Vegas Stag Parties

Wednesday, May 7, 2008

Gas or gamble? Economy forces some to choose
The pressures of a weak economy — concerns about job security and rising prices for gas, food, home heating oil and other goods and services — are causing many gamblers to cancel or reduce the number of casino trips. Those who go are gambling less money than in [...]

Also filed in Commentary, Econorama, Perma-Bear, Savestor, Stockblog | | Comments (0)

Bernanke Presentation and other Fed Stuff

Monday, May 5, 2008

Mortgage Delinquencies and Foreclosures
Conclusion The realtor’s mantra is "location, location, location," and, as I have discussed this evening, local variation in housing and mortgage markets is considerable.  This variation is useful for understanding the sources of the increase in mortgage delinquencies and foreclosures, and it should be taken into account [...]

Also filed in Econorama, Quantorama | | Comments (0)

Bernanke and Lincoln

Monday, May 5, 2008

Found at FreakingNews.com
Money Celebrities pictures

Also filed in Econorama | | Comments (0)

Did Bernanke Save us from another Great Depression?

Friday, May 2, 2008

The Great Depression Debate
Bernanke and many other economists believe the Fed’s failure to bail out stricken banks between 1929 and 1932 was one of the main reasons the Depression lasted so long. In 1932, Herbert Hoover established the Reconstruction Finance Corp., which lent to banks, railroads, and other troubled businesses but failed to reverse the [...]

Also filed in Econorama, Great Speculations, Perma-Bear, Truth Trader | Tagged , | Comments (0)