Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘Jeff Sachs’

Jeff Sachs UNLOADS on Wall St., D.C, & Obama

Posted by Larry Doyle on April 29th, 2013 7:13 AM |

If anybody were to think that the fight for decency and justice in our markets, our nation’s capital, and throughout our land were to have run its course . . .  well think again.

In a volley of invectives not often seen in the genteel world of liberal academia, Columbia University professor Jeffrey Sachs recently threw a string of verbal haymakers that would have made the noted NHL hitman Chris “Knuckles” Nilan proud.

Sachs was named one of the world’s 100 Most Influential people by Time magazine in 2004. His professional body of work speaks for itself.  At a symposium held recently at the Philadelphia Federal Reserve, Sachs dropped the gloves and unleashed the following:

“What has been revealed, in my view, is prima facie criminal behavior,” he said. (more…)

Connecting the Dots: Our Dollar Continues Multi-Year Decline as Both Political Parties Are “On the Take”

Posted by Larry Doyle on February 15th, 2011 8:55 AM |

In the course of my regular early morning reading (thank you to the regular readers who feed me these resources), I came across some fabulous work.

1. The Dallas Federal Reserve puts forth an enlightening piece entitled Global Economic Conditions. The 43 page treatise covers a wealth of information but my attention was grabbed primarily by the graph highlighting the continued decline in the core rate of inflation on page 11, and the ~20% decline in the value of our U.S. dollar over the last decade versus other major currencies on page 38.

While skyrocketing food and energy costs globally will likely continue to foment civil unrest in selected nations, Fed chair Bernanke is assuredly singularly focused on that continued decline in the core rate of inflation. How will he respond? Many individuals whom I respect believe Bernanke will continue to flood our economy with more and more dollars via quantitative easing. What does that portend for the value of our greenback? It ain’t good. What do others think of our Federal Reserve and fiscal fiascos? Let’s navigate further. (more…)






Recent Posts


ECONOMIC ALL-STARS


Archives