by Dan Mitchell | Aug 12, 2010 | Big Government, Blogs
John Stossel appropriately scolds the former Federal Reserve Chairman for blaming the financial crisis on the free market. I’ll go one step farther and say that Greenspan’s behavior is a reprehensible example of someone lacking the cojones to take responsibility for...
by Dan Mitchell | Jul 13, 2010 | Big Government, Blogs
A number of economists have been warning about the Federal Reserve’s easy-money policy, but defenders of the central bank often ask, ”if there’s an easy money policy, why isn’t that showing up in the form of higher prices?” Thomas Sowell has an answer to this...
by Dan Mitchell | Apr 12, 2010 | Big Government, Blogs
Even though I’ve been in Washington almost 25 years, I am endlessly amazed at the chutzpah of people who support higher spending and bigger government while piously lecturing the rest of us about the need to control deficits. Fed Chairman Ben Bernanke is a good...
by Dan Mitchell | Mar 26, 2010 | Big Government, Blogs
Kudos to the federal appeals court that just ruled that the Federal Reserve has no right to hide the sordid special handouts it provided to well-connected financial firms. Here’s an excerpt from a report about the decision: The Federal Reserve Board must...
