Is Clusterstock getting a little desperate for hits? Let's go to the tape and judge for yourself. Clusterstock has this clip headlined: Paul Volcker Walks Out On Maria Bartiromo
Volcker seems to have perfected the art of the dodge himself! Bartiromo asked what he's advising the administration on and he said "I have a goood relationship with them."
This guy seems half-senile. I wonder how all the young Obama voters who were so excited about living their futures through their elected president feel about the man relying on the advice of a person who will likely pass away before any of the administration's decisions have an effect on him?
The problem is, Obama listens to Summers over Volcker. Mr. Volcker may have a loud voice as he claims, but everyone in the Administration is tone-deaf to economics. Volcker is much wiser than any of those clowns realizes. Once he resigns, his legend will be set in stone.
Based upon which calculation and weighing of competing alternative utilities do you base your conclusion that Volcker, half-senile or not, is "much better" than the Triumvirate?
Wenzel,
ReplyDeleteVolcker seems to have perfected the art of the dodge himself! Bartiromo asked what he's advising the administration on and he said "I have a goood relationship with them."
This guy seems half-senile. I wonder how all the young Obama voters who were so excited about living their futures through their elected president feel about the man relying on the advice of a person who will likely pass away before any of the administration's decisions have an effect on him?
The problem is, Obama listens to Summers over Volcker. Mr. Volcker may have a loud voice as he claims, but everyone in the Administration is tone-deaf to economics. Volcker is much wiser than any of those clowns realizes.
ReplyDeleteOnce he resigns, his legend will be set in stone.
Taylor said: "This guy seems half-senile."
ReplyDeleteMaybe so, but even a half-senile Keynsian hack like Volcker is much better than the triumvirate of fools, Geithner, Summers and Bernanke.
Anon,
ReplyDeleteBased upon which calculation and weighing of competing alternative utilities do you base your conclusion that Volcker, half-senile or not, is "much better" than the Triumvirate?