Free Republic

They had us at “Sarah Paulson as Linda Tripp.” FX announced Tuesday that American Crime Story‘s third season will focus on the Bill Clinton-Monica Lewinsky scandal, with Paulson playing Lewinsky’s infamous “confidante” Tripp. The role of Lewinsky, meanwhile, will be played by Booksmart breakout Beanie Feldstein. Rounding out the principal cast will be Masters of Sex‘s Annaleigh Ashford as Paula Jones. Titled Impeachment: American Crime Story, the third chapter of Ryan Murphy’s Emmy-winning franchise will begin production in February ahead of a Sept. 27, 2020 premiere date. Impeachment will be written by Sarah Burgess, based on Jeffrey Toobin’s bestselling book...

Feldstein: Big Fed Easing Threatens Economic Recovery Wednesday, 03 Nov 2010 09:22 AM By: Forrest Jones The Federal Reserve’s plans to buy possibly up to hundreds of billions in assets from the country’s banks — a move known as quantitative easing — carries much more risk and than potential for reward, says Harvard economics professor Martin Feldstein. As many expect, the Fed will buy long-term government bonds held by banks, perhaps up to $1 trillion, thus pumping the same amount of cash into the economy in the process. Expectations of such a move have lowered long-term interest rates, weakened the...

Martin Feldstein, a former chairman of Ronald Reagan’s Council of Economic Advisers, has been tapped to head President Barack Obama’s efforts to simplify a federal tax code the president this week called “monstrous,” the Harvard University economist said Friday. Former Federal Reserve Chairman Paul Volcker asked Mr. Feldstein to serve as coordinator of a four-person “tax group” within the President’s Economic Recovery Advisory Board, Mr. Feldstein said. The other three include Laura Tyson of the University of California at Berkeley’s Haas School of Business, former Securities and Exchange Commission chairman William Donaldson and former Federal Reserve Vice Chairman Roger Ferguson....

Insider Trading Just last week, President Obama selected the members of a new task force on tax reform. One of the people he appointed is Martin Feldstein, a man who has been an AIG board member for 21 years! Among other things, the new task force will propose ways to overhaul the tax code and make changes in corporate tax breaks. Feldstein is also a member of the president's Economic Recovery Advisory Board. Obama received more money from AIG in the 2008 election cycle than any other sitting senator, raking in over $104,000. It should come as no surprise that...

Sen. John McCain's presidential campaign has announced that Martin Feldstein, former chief economic adviser to President Ronald Reagan, has endorsed John McCain for president. "I am proud to lend my support to John McCain for president," said Martin Feldstein. "John McCain is the candidate with the experience and leadership to keep America secure, with a proven track record as a fiscal conservative who can bring spending in Washington under control, and who can be trusted to build a stronger economy and brighter future for the next generation." McCain thanked Feldstein for his support, stating, "Martin Feldstein was a trusted advisor...

The White House search for a successor to Federal Reserve Chairman Alan Greenspan, who is scheduled to retire in January, has intensified.... [T]he three candidates cited most frequently have been economists Martin Feldstein of Harvard University, Glenn Hubbard of Columbia University and Ben Bernanke, chairman of President Bush's Council of Economic Advisers. But the White House also is looking at other candidates, including former Bush adviser Lawrence Lindsey, said several people familiar with the process. They said the White House hasn't rejected the three main candidates but doesn't want to limit its choice prematurely. There appears to be no clear...

The Successor to Greenspan Has a Very Tough Act to Follow WHEN Alan Greenspan finally retires from the Federal Reserve, will he leave behind any of his DNA? Now in his 18th remarkable year as Fed chairman, the owlish and idiosyncratic Mr. Greenspan is required by law to step down in January 2006. Nominating a successor could be President Bush's biggest economic decision next year, given Mr. Greenspan's mythic reputation as the guardian of price stability and economic growth. A big uncertainty is how any successor will extend Mr. Greenspan's approach to monetary policy, which has been as much an...