Tag Archives: ben bernanke
On Price Distortions and Landmines
Former Federal Reserve Chairman Alan Greenspan told CNBC on Friday that the Dow’s new highs and 10-day run were not the result of “irrational exuberance.” On cue, the Dow took a 25 point nose dive…closing out the day with its … Continue reading
Dead Wrong
New evidence was revealed last week further confirming that not only is President Obama a doomsayer…he’s a liar too. The first of the President’s deceits was amusing hyperbole. The second was pure humbug. Still, they were nothing compared to some … Continue reading
“We Know Better!”
Monetary intervention into credit markets is much easier to start than to stop. In fact, once started, monetary intervention is nearly impossible to stop. Just ask Fed Chairman, Ben Bernanke. He’s promised to expand the Fed’s balance sheet by over … Continue reading
Welcome to Life After the End of the World
“It’s important to rescue the frog.” – Al Gore Jr., Nobel Prize Laureate. The Great Conmen of Our Day Known unknowns are commonly unsettling. People pay good money for the comfort of a favorable prediction, particularly when it’s from someone … Continue reading
