Comments on: Larry Summers and the politicization of the Fed http://blogs.reuters.com/felix-salmon/2013/08/29/larry-summers-and-the-politicization-of-the-fed/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: zovi coupons http://blogs.reuters.com/felix-salmon/2013/08/29/larry-summers-and-the-politicization-of-the-fed/comment-page-1/#comment-55988 Fri, 24 Oct 2014 13:15:00 +0000 https://blogs.reuters.com/felix-salmon/?p=22406#comment-55988 This can be truly appropriate time as elevated in the internet site. Admire chatting about about.

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By: EllieK http://blogs.reuters.com/felix-salmon/2013/08/29/larry-summers-and-the-politicization-of-the-fed/comment-page-1/#comment-47969 Mon, 02 Sep 2013 13:03:41 +0000 https://blogs.reuters.com/felix-salmon/?p=22406#comment-47969 CraigPurcell: Yes, yes, yes, yes, yes, yes, yes.

This is what Felix said, and about this, now, he is correct:

“when a small, close-knit team is put in charge of running the economic policy of the global hegemon, they create the facts on the ground. In practice, what that has meant is a depressingly predictable cycle of laissez-faire regulatory policy leading to crises, which are solved with massive bailouts, which leave the financial sector largely unscathed, and free to continue taking excessive risks, safe in the knowledge that if and when things blow up again, there will be yet another bailout.”

AND

“Having what Klein calls the “Clinton clique” in sole command of Obama’s economic policy is bad enough. But it would be much worse if they essentially managed to engineer a hostile takeover of the Federal Reserve Board.”

which means that the Federal Reserve would be fully transformed into a political extension of the Supreme Court, and we would have complete unity of Executive and Judicial branches, with the full backing of the Obama-Fed.

Why doesn’t anyone care? I have lost all trust in Professor Bradford DeLong. Felix, you see more clearly, or maybe, you are more honest and brave. No one listens to you. When you were towing the line, although who knew for certain what “towing the line” was, not with certainty, a few years ago, you had lots of happy fans. Maybe you still do. I hope so. I am not happy, but at least I know that I’m not part of a Ron Paul conspiritard-fever dream. It is real, you are right. Oh Felix, this is so grim.

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By: CraigPurcell http://blogs.reuters.com/felix-salmon/2013/08/29/larry-summers-and-the-politicization-of-the-fed/comment-page-1/#comment-47960 Sat, 31 Aug 2013 01:29:19 +0000 https://blogs.reuters.com/felix-salmon/?p=22406#comment-47960 Wasn’t Summers, Rubin, Geithner, Greenspan, Paulson
et al responsible for the 2008 meltdown?

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By: CraigPurcell http://blogs.reuters.com/felix-salmon/2013/08/29/larry-summers-and-the-politicization-of-the-fed/comment-page-1/#comment-47959 Sat, 31 Aug 2013 01:29:18 +0000 https://blogs.reuters.com/felix-salmon/?p=22406#comment-47959 Wasn’t Summers, Rubin, Geithner, Greenspan, Paulson
et al responsible for the 2008 meltdown?

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By: CraigPurcell http://blogs.reuters.com/felix-salmon/2013/08/29/larry-summers-and-the-politicization-of-the-fed/comment-page-1/#comment-47956 Sat, 31 Aug 2013 01:29:15 +0000 https://blogs.reuters.com/felix-salmon/?p=22406#comment-47956 Wasn’t Summers, Rubin, Geithner, Greenspan, Paulson
et al responsible for the 2008 meltdown?

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