Tag Archives: chairman of the federal reserve

An Ethical Take On Mortgage News

Rabbi Brad Hirschfield has a video on the Washington Post about President Obama’s plans for the mortgage market. The rabbi has no special expertise in the mortgage market. Instead, he’s evaluating the wording of recent business news. The rabbi condemns … Continue reading

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‘Busted: Life Inside The Great Mortgage Meltdown’ By Edmund L. Andrews

Check out the book on Amazon.com. Edmund L. Andrews writes that nobody duped him. He duped himself. He had covered all sorts of financial meltdowns as an economics reporter for the New York Times, but when he bought a home … Continue reading

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The Good News In The Recession

Liberal newspapers relish the prospect of more government regulation of the financial markets. They trust governments more than markets. They want governments to have more money and power. The Hartford Courant editorializes: Next to the breathtaking gyrations on domestic and … Continue reading

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Forecasting Tools & The Mortgage Meltdown

Here’s a view from Canada that we need greater humility when we try to predict the future. There’s been nothing like this credit crisis and therefore we can have no idea what will happen next. Alan Greenspan blamed the meltdown … Continue reading

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No More Alan Greenspan Worship

Greenspan’s testimony last week was fascinating. He admitted his free-market ideology was wrong. But he refused to say he kept interest rates too low and thereby created the housing bubble. Greenspan admitted that the financial markets needed more regulation. From … Continue reading

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Students Struggle With Financial Downturn

Report: Economic uncertainty is plentiful these days, at UTD and elsewhere. The day previous, the House of Representatives rejected a $700 billion plan proposed by Treasury Secretary Henry Paulson, chairman of the Federal Reserve Board Ben Bernanke and U.S. President … Continue reading

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Refinance and the Fed

From the New York Times: WASHINGTON — Over a frantic weekend in mid-March, Ben S. Bernanke rewrote the rule book as chairman of the Federal Reserve. Timothy F. Geithner, president of the Federal Reserve Bank of New York, and a … Continue reading

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Are things as bad as the Great Recession?

From the way people on the Left talk, you’d think so. You’d think we were all going to hell. Well, we’re not in a recession yet. The economy is doing OK. Do we need massive government intervention? The leftists say … Continue reading

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