- Obama downplays IRS scandal, blames Obamacare rollout on ‘outdated’ agencies
- Pregnancies decline overall, up among older women
- Pentagon plans to destroy Syrian chemical arms on ship at sea
- Paris Metro issues ‘politeness manual’ to improve passengers’ behavior
- Justin Bieber, crew detained at Australian airport in drug search
- Lee Rigby trial: Muslim who machete-hacked soldier calls it ‘humane’ kill
- GM ending Chevy sales in Europe to focus on Opel and Vauxhall
- Putin’s diplomats to U.S. busted for living high life off $1.5M bilked from Medicaid
- Happy Meal: Couple goes to McDonald’s, leaves with bag packed with cash
- Boehner: It took me 3 to 4 hours to sign up for Obamacare
Latest Alan Greenspan Items
The Department of Justice decided to go after Wall Street investment bank J.P. Morgan over the firm's role in America's recent economic woes. The result last week was a $13 billion settlement, which is the biggest shakedown of a single company in American history.
Strike one against the idea of an expanding global economy. British Chancellor George Osborne, who's been credited for getting his country's debt under control and keeping pace with an austere budget, said one looming threat to the steady-as-she-goes economic policy that England has been practicing in recent months is the European Union.
Not until Rob Jackson wrapped his hands around another Tony Romo "oops" Sunday night could Washington Redskins fans begin to savor the moment.
A stable dollar and prices are consistent with maximum sustainable job and wealth creation. However, the Fed's dual mandate to pursue full employment and price stability has given it license to meddle in the economy to boost short-term employment, with disastrous consequences.
The minutes of the Dec. 13 meeting of the Federal Reserve Board of Governors revealed the Fed is adopting the strategy of being more transparent when communicating its intent on the movement of short-term interest rates.
Just as the outlook for the U.S. economy finally brightened in recent weeks, the darkening clouds in Europe threaten to overshadow budding signs of growth.
"I'd prop him up and put a pair of dark glasses on him and keep him as long as I could."
Should the Federal Reserve be abolished as Rep. Ron Paul and others have demanded? The Republican presidential candidates have agreed that they would like to replace Ben S. Bernanke as chairman of the Fed, and many have been equally critical of former Fed Chairman Alan Greenspan. The view that both Mr. Bernanke and Mr. Greenspan have done poor jobs is also shared by many economists and financial writers. But, if not Mr. Bernanke, who? And if not the Fed, what?
Arnold Schwarzenegger has a book deal.