Archive for September, 2010

Real Men Don’t Do QE

Thursday, September 30th, 2010

Unless you live under a rock, you must be aware that the Federal Reserve is now widely expected to engage in a strategy of expanded Quantitative Easing to fend off incipient deflation, or if you believe the Fed’s latest statement, even to get low inflation to be more in line with what the Monetary Policy […]

Real Questions for Obama

Wednesday, September 22nd, 2010

A couple of days ago, CNBC put on a town hall meeting with Obama, ostensibly to give him some tough questions from business people, but which was really a puff piece with not one serious question. It was apparently aired just to try to revive the flagging view people have of the “President”. Consensus review […]

Public Private Partnership – We Need Separation of Business and State

Tuesday, September 21st, 2010

I just watched Maria Bartiromo interview Jennifer Granholm, the Governor of Michigan. The topic of the interview was the great job Granholm was doing revitalizing the Michigan economy by partnering with automotive green energy companies, specifically those producing the batteries to be used in electric vehicles. After much blabber about access to capital, the desperate […]