The biggest problem with the Federal Reserve seems to be that the market is trying to understand them. Economist Carl Schramm joined the program to talk about the liberal twist on most economic data released by the Federal Government.
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Show Prep:
Big Three:
Um. . . Maybe this is part of the problem: The most transparent Fed in history is confusing the heck out of everyone:
Of course it only makes sense that a man of such clarity and communicative skills should also be in charge of setting new banking rules:
As Sherlock Holmes used to say: “Data, Data, Data.” Data is driving the market. (Good thing we have such an unbiased and comprehensive news media. Right?)
Other News:
Now. . . I’ve been thinking. . . If we all had air conditioners, would it really matter if global warming was real?
Michelle Obama thinks being first lady is like being a “prisoner.” This is why I’m immediately starting a movement to put get her and her husband released early:
Um. . . Yeah. This is why the term “stoner” is usually not used in a complimentary fashion:
