To: expat_panama
Then Paul Ryan made the same mistake today. Oh, and Paul Volker earlier this week, too.
To: 9YearLurker; All
This isn't the first time Sarah talked about the role of the Federal Reserve last year.......Sarah Palin, Hong Kong, CLSA Asia Pacific Markets Conference, Sept. 23, 2009 Speech Excerpts
On the Federal Reserve:
"How can we discuss reform without addressing the government policies at the root of the problems? The root of the collapse? And how can we think that setting up the Fed as the monitor of systemic risk in the financial sector will result in meaningful reform? The words fox and hen house come to mind. The Feds decisions helped create the bubble. Look at the root cause of most asset bubbles, and youll see the Fed somewhere in the background."
To: 9YearLurker
Paul Volker earlier this weekMy take is that Volker's never gotten over getting the blame for double-dipping the '82 recession with ill-timed interest hikes. It must have really got his goat the way Greenspan screwed up more but ended up being considered a knight (literally).
Now Volker get's his pay-back time by joining with Obama --now there's a pair of jokers you'd hate to draw for an inside straight...
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