THE CUNNING REALIST

From the transcript of the Federal Reserve’s policy meeting on January 31, 2006: "Needless to say, it’s fitting for Chairman Greenspan...

Yesterday the Federal Reserve released the transcripts of its 2006 Federal Open Market Committee meetings. I didn’t think I could be surpris...

I'm late on this, but in general I am sympathetic to OWS. And unlike some who claim otherwise, I think the goal is quite clear: to rever...

"Low interest rates mean that people, for example, have got the capacity to refinance their home. And probably some of you all have don...

Rick Perry's comments this week about the Federal Reserve confirmed that the Fed has made itself a legitimate campaign topic, but there ...

"In part, the recent weaker-than-expected economic performance appears to have been the result of several factors that are likely to be...

The eyes of all were turned to the Reichsbank. The pressure exercised on it became more and more insistent and the increase of issues, from ...

Robert Wenzel (via TAC ): Instead of long-term conservative planners ruling the roost, it is the Age of the Hustlers. An acquaintance of mi...

I drove by the Cos Cob Gulf station (across from Dunkin Donuts) and noticed its price for regular was $4.29. That was a painful sight but af...

A man who has been accustomed to rely on it [the value of the currency] cannot help feeling its degradation as his own. He has identified hi...

The Fed's Dennis Lockhart made some news this week: Fed's Lockhart: Oil shock could lead to QE3 If oil prices continue to climb, i...

John Taylor gets his Marshall McLuhan on. This situation might be almost as amusing as the theater line scene in the film, except we just...

I had an overwhelming desire to have been strolling through Cairo last night with a pretty Egyptian lass as my guide. Didn't happen, so ...

So I've been watching Al Jazeera's streaming coverage of Egypt, and reading posts like this and scary reports like this : Fed's...

The opening chapter of Tom Friedman's next book. Note the Homeland Security-scripted announcement on the loudspeaker in the video...pe...