On the Radar: January 14, 2010
"Bernanke's Puzzling Bubble Logic"
By David Wessel, The Wall Street Journal
Ben Bernanke sounds like a fellow who hasn't learned anything. In a speech to the American Economic Association, the U.S. Federal Reserve chairman argued that the ultra-low interest rates that he and Alan Greenspan pursued in the 2000s didn't cause the housing bubble that produced what Mr. Bernanke calls "the worst financial crisis in modern history."....Continue Reading
"Tax expansion could pay for healthcare overhaul"
By Janet Hook & Noam N. Levey, The Los Angeles Times
Reporting from Washington - Democratic congressional leaders are considering a new strategy to help finance their ambitious healthcare plan -- applying the Medicare payroll tax not just to wages but to capital gains, dividends and other forms of unearned income....Continue Reading
"Obama Pledges Aid to Haiti"
By Helene Cooper, The New York Times
President Obama on Thursday promised $100 million along with more American troops for the relief effort in Haiti, vowing that the United States would stand with the impoverished nation as it grappled with the devastation of its capital city...Continue Reading
Posted: Sun, 01/17/2010 - 7:57pm