Take a Bow for Reform: Same Mortgage Capital Rules that Ruined Us Before

Ransom Notes Radio
|
Posted: Jul 03, 2013 12:01 AM
Take a Bow for Reform: Same Mortgage Capital Rules that Ruined Us Before

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.

Give the Ransom Notes Listener Line a call at 202-681-1732 or send us an email at ransomnotesradio@gmail.com.

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:

http://www.bloomberg.com/video/bernanke-s-7-jobs-focus-creates-market-confusion-WCXPLTjfS3e2Ee5EZlt9hQ.html

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:

http://video.cnbc.com/gallery/?play=1&video=3000179848

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?)

http://www.bloomberg.com/video/investors-watching-data-earnings-closely-levin-pz0wV6eAQk~xiOlAEPeVug.html

Other News:

Now. . . I’ve been thinking. . . If we all had air conditioners, would it really matter if global warming was real?

http://cnsnews.com/news/article/obama-planet-will-boil-over-if-young-africans-are-allowed-cars-air-conditioning-big

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:

http://www.weeklystandard.com/blogs/michelle-obama-prison-elements-being-first-lady-its-really-nice-prison_738542.html

Um. . . Yeah. This is why the term “stoner” is usually not used in a complimentary fashion:

http://www.dailymail.co.uk/health/article-2352695/Smoking-cannabis-really-DOES-make-people-lazy-affects-area-brain-responsible-motivation.html