Highlights
Paul A. Volcker served two terms as Federal Reserve chairman under Presidents Jimmy Carter and Ronald Reagan. While some of Volcker's policies during that time, including rapid increases in interest rates, were considered unpopular, he is credited with helping tame the United States' inflation problems of the 1970s.
Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.
Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princet...
Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.
Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princet...
Paul A. Volcker served two terms as Federal Reserve chairman under Presidents Jimmy Carter and Ronald Reagan. While some of Volcker's policies during that time, including rapid increases in interest rates, were considered unpopular, he is credited with helping tame the United States' inflation problems of the 1970s.
Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.
Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princeton and a master's from the Harvard University Graduate School of Public Administration. Before leading the Federal Reserve, he served as chairman of the Federal Reserve Bank of New York.
Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.
Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princeton and a master's from the Harvard University Graduate School of Public Administration. Before leading the Federal Reserve, he served as chairman of the Federal Reserve Bank of New York.
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Pimco's Gross: 'Gut feeling' that bond bull run is done
ReutersNEW YORK (Reuters) - Circle the date, market mavens: April 29, 2013. AKA, the day the bond bull died. Age 31 years, 7 months. That, at least, is the call from Bill Gross, who is known on Wall Street as "the Bond King." Gross, the manager of the world'...Tags: Money and Monetary Policy, New Products, Derivative Securities, Thomson Corporation, Federal Reserve
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How we got into this mess
WASHINGTON -- Blame it on JFK. Fifty years ago, President Kennedy made a decision that, with hindsight, ranks as the biggest mistake of domestic policy since World War II. In many ways, it led directly to today's "sequester" debacle. What Kennedy...
Tags: Budgets and Budgeting, Interior Policy, World War II (1939-1945), Federal Reserve, Ronald Reagan
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Jerry Brown skips White House gathering for New York meetings
SACRAMENTO -- Gov. Jerry Brown skipped a meeting at the White House on Monday and hopped a train for New York, where he will meet with a former Treasury secretary and a past chairman of the Federal Reserve. Instead of attending the White House session...Tags: Jerry Brown, White House, Regional Authority, Government, Politics
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Trickle down economics really work
Among the mystifying contentions of President Obama, his acolytes, and supporters is that, "We've tried trickle-down economics and it doesn't work." Really? What history books have they been reading? World War II got American industrial production into...Tags: Money and Monetary Policy, Economic Indicator, Barack Obama, World War II (1939-1945), George W. Bush
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Unmasking the most influential billionaire in U.S. politics
Who's the most influential billionaire business figure in national politics? If you answered one of the Koch brothers (Charles or David) or George Soros, you're wearing your partisan blinders. The former are known for their devotion to conservative...Tags: Heritage Foundation, American Enterprise Institute, Medicaid, Federal Reserve, Health Insurance
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Thursday Morning Coffee: The five things you need to know this morning.
Capitol Ideas with John L. MicekGood Thursday Morning, Fellow Seekers. Well here we are again: into the final furlong before what's shaping up to be another scorcher of a July weekend. At times like this, we find ourselves wishing we lived in 1920s France and...... -
New report details the six gravest threats to states' fiscal stability.
Capitol Ideas with John L. MicekThe national economy might be slowly rebounding, but state governments still face serious threats to their bottom lines, including the runaway Medicaid spending, growing public pension obligations and a hobbled ability to raise new tax revenues, a new... -
Allan Powell: Classical economics hits a 'bump'
The recent disclosure of JP Morgan Chase’s losses of more than $2 billion in a few weeks generated two types of alarm. One was that we were too lax in our regulatory measures that restrain risky investment bank speculation. Others were alarmed about...Tags: Christopher Dodd, Banking, Investments, Investment Service, Jamie Dimon
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Reefer madness: Reform our crazy marijuana laws
The militarization of the Mexican border is a new phenomenon for two nations whose militaries have traditionally been made to stay out of politics. There are constant expansions of our prisons, and further explosions of the drug-related caseloads of our...Tags: Crimes, Labor Legislation, Local Government, Elections, Human Interest
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The war on 'the war on drugs' [The conversation]
Opinion L.A.With the 40th anniversary of President Richard Nixon's "War on Drugs" Friday, many people seem to agree that the battle against “America’s public enemy No. 1” has failed. After the Global Commission on Drug Policy released its June... -
White House says the war is working – the war on drugs
Top of the TicketThe White House is asking for over $26 billion in 2012 to fight illegal drug use, world leaders say it won't help...
May 10, 2013
|Story| Reuters
Mar 4, 2013
|Column| Orlando Sentinel
Feb 25, 2013
|Story| Los Angeles Times
Oct 21, 2012
|Column| South Florida Sun-Sentinel
Oct 2, 2012
|Column| Los Angeles Times
Jul 19, 2012
| Allentown Morning Call
Jul 18, 2012
| Allentown Morning Call
Jun 1, 2012
|Story| Herald Mail
Nov 29, 2011
|Story| Allentown Morning Call
Aug 15, 2011
|Story| Baltimore Sun
Jun 17, 2011
| Los Angeles Times
Jun 2, 2011
| Los Angeles Times
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