Share
I post this one half tongue-in-cheek (hat tip Scott).  A picture of Ben Bernanke was shown round to players from the Super Bowl’s Indianapolis Colts (once a local team here in the Baltimore-Washington area, but that’s another story).  These guys know their Fed Chairmen – that’s all I can say.
Pretty funny. Take a look. You [...]

Share
I wrote this in April 2009 about the Federal Reserve’s machinations:
You should note that only the fiscal stimulus required legislative approval. All of the other ’stimulus’ has been done without Congressional approval and largely without Congressional oversight. These activities have been specifically designed to be opaque. The government’s claims of wanting to increase transparency ring [...]

Share
I think Bernanke probably will still get through. Congress need sixty votes to remove a filibuster hold. Thereafter, they only need fifty votes to get Bernanke through. I suspect Obama will go to senators like Barbara Boxer and say:
Look, vote to remove the hold. Then you can vote against Bernanke for your constituents because [...]

Share
The Senate Republicans are making procedural maneuvers to delay the Bernanke confirmation for re-appointment as Fed chair (hat tip Marc Chandler).  There is talk of a filibuster being used as a tactic to squelch his nomination before his term expires at the end of the month.  The interesting bit is that Bernanke is a Republican [...]

Share
This post by Bill Black originally appeared at New Deal 2.0. William K. Black is an Associate Professor of Economics and Law at the University of Missouri-Kansas City. He is a white-collar criminologist and was a senior financial regulator. He is the author of The Best Way to Rob a Bank is to Own One. [...]

Share
Federal Reserve Chairman Ben Bernanke recently defended the Federal Reserve’s low-interest rate monetary policy which preceded the housing bubble in the United States. Bernanke instead pointed to a lack of regulatory controls as the major cause of the events which led to a breakdown of the system. Paul Krugman weighed in on the issue, agreeing [...]

Share
This quote from Caroline Baum sums things up pretty well about the Fed’s complicity in blowing a massive bubble in housing and in stocks before it.
I know Bernanke has given this issue a great deal of thought and devoted the Fed’s resources to finding the correct answer. Still, the defense sounds like something out of [...]

Share
As a writer, Matt Taibbi is a lot more vitriolic than I am. He curses, makes some pretty over-the-top personal attacks, and divines a policymaker’s intent where I don’t think he can. But, this goes mostly to style.  Substantively speaking, he has a lot to say and we should take notice. 
I wanted to highlight [...]

Share
Note: this post originally was posted without correct attribution to Bill Mitchell, who writes a blog called Billy Blog where he had posted the thoughts now attributed to him below. Bill is a well-regarded Professor of Economics at the University of Newcastle in Australia who blogs on macroeconomics, banking, and related topics.
I would like [...]

Share
Mark is right that time is not on Chairman Bernanke’s side. If you saw the Ron Paul video earlier today, you can see what’s happening. I don’t have a strong view, although I believe most of the other bloggers are against.
Reminder: This is what Mark wrote about the Chairman’s being re-appointed in June.
Bernanke, Summers, [...]