Greenspan: ‘Government Intervention Has Been So Horrendous' Business
December 8th, 2013 11:42 AM
Former Federal Reserve Chairman Alan Greenspan made some rather ominous economic observations Sunday.
Appearing on CNN’s Fareed Zakaria GPS, Greenspan said, “[T]he level of uncertainty about the very long-term future is far greater than at any time I particularly remember.” He blamed it on “government intervention [that] has been so horrendous that businesses cannot basically decide what to…
Networks Tout Fed Nominee Yellen’s ‘Brilliance
October 10th, 2013 3:47 PM
President Obama nominated Janet Yellen, Fed vice chair, to head the Federal Reserve on Oct. 9. If confirmed, she will take on Ben Bernanke’s role as chairman and be the first woman in that role. Networks lauded her nomination that evening, after having paid little attention to her liberal policies in recent months.
Broadcast network evening and morning shows were giddy at the nomination of…
Miss America More Important to Media than Fed Nominee
October 9th, 2013 2:22 PM
The next Federal Reserve Chairman will be Janet Yellen. President Barack Obama plans to nominate her on Oct. 9. Ahead of the announcement, Yellen, the liberal Fed vice chairman, was considered the most likely candidate to replace Ben Bernanke ever since Larry Summers, her chief rival for the nomination, bowed out of the race on Sept. 16.
She was a frontrunner even before Summers’ withdrawal.…
