Political Economy

I am still at the Clinton Global Initiative Annual Meeting and I want to suggest a few tactical political themes that arose as sub-context in the Monday night meeting I had with the former President. Bill Clinton is on message. Back in…

Via Bloomberg: White House officials expect Lawrence Summers to leave his job as the president’s National Economic Council director after November’s congressional elections, according to three people familiar with the matter. His…

Professor Paul Davidson wrote the following reply to comments in my recent Bill Clinton Interview post regarding the the causes of the current recession. He believes that this issue has to become a focus of public attention and that the…

With a pressing unemployment problem depressing growth in the US, former president Clinton plans to demonstrate his five-year old public service community can create jobs in America while still implementing projects that achieve results…

Marshall Auerback e-mailed "I'm having another Howard Beale moment" and sent a link to this wonderful piece of 1970s cinema as a visual. Enjoy.   P.S. - Are they yelling in Atlanta? Source: Network (1976) – Internet…

by Annaly Capital Management The chatter is deafening. The results of the primary elections this week, with the strong anti-incumbent fervor and the surprising showing by the Tea Party, has Beltway pundits all aflutter about the possible…

Now that I am back in the saddle, I am going to start doing my week in review narratives again with links to the most newsworthy posts from the past week or so. On second thought, let me actually cover the ground back to the beginning of…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Harrisburg, Pennsylvania, is defaulting; Half Moon Bay, California, is…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Federal Reserve Chairman Ben S. Bernanke delivered a much-anticipated…

By Comstock Partners. Five years ago on the eve of another of the Fed's annual financial symposiums at Jackson Hole, we wrote the following: "Since 1999 when the financial bubble was in full bloom (due in large part to the Fed) we…