Sixty minutes cut down to eleven. Only the "good" stuff. If you didn't suffer through it this is your chance to Liesman make an ass of himself.
Subscribe to:
Post Comments (Atom)
Googleanalytics
Stats
Total Pageviews
Follow by Email
Bruce Krasting
Posts
Comments
Blog Archive
-
►
2012
(73)
-
►
April
(14)
- On Student Loans, Accounting Gimmicks, Electric Ca...
- On the Social Security 2012 Report to Congress
- Is Exim going to flop?
- On the Swiss, the IMF and the G-20
- Down to a Trickle
- A Different Buffett Rule - One That Would Work
- Yellen Vs. Geithner - Two Views
- Three Conversations
- Houston - We have a problem, in Switzerland
- Betting on the race to the bottom
- A Laugh
- On FX
- Bernanke - I'm Slowing Down the Ship
- Social Security – Good News, Bad News
-
►
March
(12)
- Bernanke - 'The Fed never makes mistakes'
- Pests
- Bernanke: "I Want to Bring Back Irrational Exubera...
- On Slime and Water
- Is the Ten-Year going to 3%?
- On Sweet Deals and No Deals
- There's Nothing "Fair" about it
- On FX and Notes from D.C.
- On Politics, Social Security and Spine
- Bernanke Leaks, Spoils the Punch
- A default that isn’t a default and a sale that isn...
- On Israel and Iran
-
►
April
(14)
About Me
- Bruce Krasting
- Westchester, NY, United States
- I worked on Wall Street for twenty five years. This blog is my take on the financial issues of the day. I was an FX trader during the early days of the 'snake' and the EMS. Derivatives on currencies were new then. I was part of that. That was with Citi. Later I worked for Drexel and got to understand a bit about balance sheet structure and corporate bonds from Mike Milken. I was involved with a Macro hedge fund later. That worked out all right, but it is not an easy road. There was one tough week and I thought, "Maybe I should do something else for a year or two." That was fifteen years ago. I love the markets. How they weave together. For twenty five years I woke up thinking, "What am I going to do today to make some money in the market". I don't do that any longer. But I miss it.
Just ask him why the hell we need a central bank in the first place, unless someone important, somewhere, is swimming naked.
ReplyDeleteJust ask him why the Fed alone should have a monopoly on counterfeiting: "Mr. Bernanke, how is the dollar defined in the Constitution?"
Just ask him to explain why lending has not picked up even with absurdly low artificial interest rates - and with counterfeit money to boot...
Thanks for all the editing, saving us time. He seems less cocky than the 60 minutes interview. It reminds me of going into Iraq without a plan, how to get out, how to win. To think crashing the dollar is doing something as "it's moving, right? Bad effects are temporary." The government rhetoric is tiresome.
ReplyDelete--MG