Richard W. Rahn discusses Ben Bernanke's take on Interest Rates

[soundmoneyfan]

free market pirate!!!

[lizbuddie]

Hang in for 2mins to hear discussion of the danger of 'free' money and the resulting asset bubbles the Fed is creating. "We are giving away the store."

[normlmary]

KILL

THE FED

[DaveC86]

unemployment is not going to fall any time soon... even if there were 150 000 new jobs created EVERY SINGLE MONTH from now until the end of 2015 unemployment still won't dip below 10%. as mike shedlock pointed out, the US economy needs to create 100 000 new jobs a month just to keep up with birth rate and demographics. the feral reserve is full of shit when they say unemployment will fall below 7% by 2012.

[XCritonX]

That pirate was right!

[BlueEagle8]

Cato has been funded by: Philip Morris, R.J. Reynolds, Bell Atlantic Network Services, BellSouth Corporation, Digital Equipment Corporation, GTE Corporation, Microsoft Corp- oration, Netscape Communications Corporation, NYNEX Corporation, Sun Microsystems, Viacom International, American Express, Chase Manhattan Bank, Chemical Bank, Citicorp/Citibank, Commonwealth Fund, Prudential Securities and Salomon Brothers

[dimaniak]

CATO = Koch

[Thorbie]

What's your point?

[BigDanWoT]

And?...

[XCritonX]

Guess what, the government is also funded by all of these companies and every other via taxes. Complaining about how the Cato Institute is funded instead of debating the points is a weak argument. Can you actually understand the issues? If so how about explaining why the Cato Institute is wrong.

[BlueEagle8]

It would be inappropriate to say that Cato is wrong. Each Cato funded person has their own opinion. I agree with some of what each person says and disagree with other comments. In general, Cato is a libertarian free-marked minded institute, which I tend to agree with.

My point is that no one at Cato is going to speak poorly of their sponsors or their agendas. I believe that Cato as an organization is controlled opposition for all the those that can't find their voice in other arenas.

[caltrop69]

Are you suggesting that corporate sponsorship leads to wearing eye-patches?

[TheAtheistPaladin]

Argh! Ye matey!

[dmlauffer]

Hahahaha Wear an eyepatch man.

[sniper6081]

Wow, Volker? That's going way back.

[whoo689]

The AEI is like the neocon christian fundie version of Cato, in a way.

[whoo689]

The AEI would be more credible if they purged it of the conservative idiocy on things like God and social issues and quit wasting time with that.

[whoo689]

Is this the same Rahn that came up with the Rahn curve? Did he himself do any empirical studies to conclude it?

[PontiffMystic]

"Extended period, maybe though the end of the century." - Lol.

I knew Bernanke wouldn't raise interest rates. As far as jobs report, not so sure about that. Trying to make a positive out of a negative. If anything low interest rates are destroying jobs. There is inflation. Monetary Base has skyrocketed, even the Fed will tell you that, but the impact of inflation isn't felt in consumer prices at least not yet. Stock market is inflated. That's my sense. Depends how inflation flows.

[bajoverga]

Finally, Kudlow is starting to come around. This guy vince is a moron.

[MagnusIan]

Eyepatches YES! :D

[LeGioNoFZioN]

arrrrr

[ForTehNguyen]

Reinhart sound like Ernie from Sesame Street

[Daniel44125]

Bernanke is trashing the economy following Greenspan and Keynes