Free Republic

Obama Should Reappoint Bernanke Brian S. Wesbury and Robert Stein, 05.19.09, 12:00 AM EDT The present Fed chairman is a much better choice than Larry Summers. Treasury Secretary Timothy Geithner recently said in an interview that the No. 1 policy mistake that helped cause our economic and financial turmoil was that "monetary policy around the world was too loose, too long." Some people may think this was Geithner's way of throwing Federal Reserve Chairman Ben Bernanke under the bus. After all, although former Fed Chair Alan Greenspan has been getting the lion's share of the blame for overly loose money...

February 5, 2008 The future may be bleak for Ben Bernanke Gerard Baker: American view Last week, in a rare sign that wise counsel can still prevail over political expediency, Mervyn King was reappointed Governor of the Bank of England. Unpleasant noises had been emerging from Downing Street as his reappointment was being considered over the past few months, but Mr King's evident mis-steps in the Northern Rock affair should never have been enough to counterbalance the remarkable contribution he has made to the performance of the British economy in the past decade. As deputy governor and then as Governor,...

The Bush administration has given up on the battle against Iran’s nuclear armament. This is the meaning of Washington’s decision to back the UN nuclear watchdog IAEA’s board vote Monday, June 13, to reappoint Mohamed ElBaradei as agency director for a fifth term. Israel thus finds itself alone in the ring with the Iranian nuclear menace. Nothing now remains to stop Tehran attaining its goal of a nuclear bomb or bombs by the end of 2006 or early 2007 - except for the extreme eventuality of direct Israeli military action against Iran’s nuclear facilities. The question is what brought about...