Obama Fumbles Summers Nomination, Yellen Set to Be Next Fed Chair
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the withdrawal of Larry Summers in the Fed Chair race, why Janet Yellen is now the likely pick and if her administration would be Bernanke: Part II.
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Yellen vs. Summers: The Battle for the Next Fed Chair
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the possible candidates for replacing Ben Bernanke at the Federal Reserve, the boisterous Larry Summers, and the lesser known Fed official, Janet Yellen.
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Here’s One Way Out of the Debt Ceiling Impasse
Ok, let’s look at both the politics and the economics of this issue. The underlying politics is as follows: the American people are sick and tired of deficit spending. The pundits are completely wrong when they downplay this issue, because deficits are FAR worse now than they ever have been in peacetime (10+% of GDP). And they got far worse at almost the exact moment | Read More »