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Originally posted by Tingkai
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Taylor, Bernanke, Hubbard.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891 -
Greenspan was the best Fed Chairman ever, by far. Bernanke has some big shoes to fill.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Greenspan was a cheerleader for capitalism, Kid.
Are you a traitor to the cause?B♭3Comment
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Bernanke is certainly qualified for the job, so attacking him because he's been working for the white house the past few months would be a bit unfair.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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--"did things just get better or worse?"
About the same, probably. He's still one of the "1nf|4710n 43v3r" crowd who thinks our magical printing press fairies will solve our financial problems, but at least realizes that the fairy dung from all that work could cause problems.
Defenitely not a Miers-level choice, which is good.
Wraith
"Anything can be done with the right amount of smoke and mirrors."
-- Emily WeemsComment
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I'm just saying the guy was good at his job. That's not a comment on his politics.Originally posted by Q Cubed
Greenspan was a cheerleader for capitalism, Kid.
Are you a traitor to the cause?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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We've been blessed to have 2 great fed chairmen in a row the last 25 years: Volcker (from the left) and Greenspan (from the right). It will be tough to fill those shoes, but I'm hopeful that Bernanke can at least be passable.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Inflation fever crowd?Originally posted by Wraith
--"did things just get better or worse?"
About the same, probably. He's still one of the "1nf|4710n 43v3r" crowd who thinks our magical printing press fairies will solve our financial problems, but at least realizes that the fairy dung from all that work could cause problems.
Defenitely not a Miers-level choice, which is good.
Wraith
"Anything can be done with the right amount of smoke and mirrors."
-- Emily WeemsDISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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When Daddy gives you millions you usually do well even if most of your companies failed the way Georgie's did. His father seems to have been a pretty honest businessman though he most certainly did use his government connections to get in on some fat deals. Bush Sr's father was supposedly a bastard and a cut-throat who'd do anything for a buck. He made big money trading with the Nazis before Pearle Harbor and even was found to still be conducting financial deals with the Nazis after the US had join the war.Originally posted by Last Conformist
Well, Shrub is rich, isn't he? His economic adviser can't be too bad.
Try http://wordforge.net/index.php for discussion and debate.Comment
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I have to agree with you there. Volcker and Greenspan both seemed to be unusually good Fed Chairmen. I don't really know what to make of the claim that we printed to much money in recent decades but even if we did they still did a good job.Originally posted by DanS
We've been blessed to have 2 great fed chairmen in a row the last 25 years: Volcker (from the left) and Greenspan (from the right). It will be tough to fill those shoes, but I'm hopeful that Bernanke can at least be passable.Try http://wordforge.net/index.php for discussion and debate.Comment
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forever.Originally posted by Colon
Inflation fever crowd?Comment
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Owww I see.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Here's a good string of free articles from the FT about Bernanke...
I wonder whether he has the gravitas for the job. The Fed Chairman is increasingly being perceived as one of the most important jobs in Washington, behind maybe only the President and Vice President. Greenspan really fit the role.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Did Greenspan reach retirement age? was that why he's going?
And i'll agree that big shoes need filling, apart from the recent expensive wars(not Greenspans fault ), his record had been very good.
I feel sorry for the guy inheriting the current mess though - its going to be hard to come out the end looking as good as his predesesor.'The very basis of the liberal idea – the belief of individual freedom is what causes the chaos' - William Kristol, son of the founder of neo-conservitivism, talking about neo-con ideology and its agenda for you.info here. prove me wrong.
Bush's Republican=Neo-con for all intent and purpose. be afraid.Comment
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No mandatory retirement age here in the States. If Greenspan thought he was up for the challenge for another term, he probably would have been welcome to it.
And let me be the first to point out that Bernanke is a big baseball stats fan, so he can't be all bad.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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