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Tag Archives: DOW
On Scientific Management of the Economy and Going for Broke
Federal Reserve Chairman Ben Bernanke should never have left Princeton. He’s much better suited for a lifetime of pontification than real work. Not that chairing the Federal Reserve is real work. Yet, even so, at least as a professor his … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, DOW, federal reserve, government meddling, interest rate, treasuries
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Controlling Economic Diarrhea with Adhesive Tape
Some people never learn. Give a klutz a hammer and he’ll smash his thumb every time. Give a boozehound a bottle of Strawberry Boone’s Farm and he’ll guzzle it down en route to get another and another…until it practically kills … Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, DOW, federal reserve, interest rate capping, QE2
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When Hell Froze Over
“By the pricking of my thumbs, something wicked this way comes.” – William Shakespeare, Macbeth On Tuesday, presidential candidate Rick Perry said further money printing between now and the election by Federal Reserve Chairman Ben Bernanke “…is almost treasonous.” Immediately, … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, DOW, federal reserve, gold, treasuries
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When the Voters Get Whacked Again
Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, collapse, DOW, government meddling, jobs, monetizing debt
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