Thursday, July 29, 2010

Week In Review 7/30/10

I’ll be on Wisconsin Public Radio’s Week In Review tomorrow morning from 8 AM to 9

PM

AM.  I’ll be discussing the issues of the day with Christine Bremer Muggli and YOU!

Tune in.

(12) Comments
Posted by Owen at 1743 hrs
Politics + Politics - General + Politics - Wisconsin

  1. 8 AM to 9 PM.

    Wow, 13 straight hours? Those NPR folks will wear you down.

    wink

    Posted by .(JavaScript must be enabled to view this email address) on July 29, 2010 at 2004 hrs


  2. lol

    It’ll be a long day!

    Posted by Owen on July 29, 2010 at 2028 hrs


  3. Is there an iphone app that would allow one to get WPR?

    Posted by .(JavaScript must be enabled to view this email address) on July 30, 2010 at 0620 hrs


  4. Try Pocket Tunes.

    Posted by Jed on July 30, 2010 at 0626 hrs


  5. Thank you.  I paid the $6.99 for the app in hopes that Owen uses the term ‘ambulance chaser’ at least once in in the hour…

    Posted by .(JavaScript must be enabled to view this email address) on July 30, 2010 at 0631 hrs


  6. So that woman is a ‘student of history’ and FDR broke us out of the Great Depression….  wow .... wow… wow…

    Posted by .(JavaScript must be enabled to view this email address) on July 30, 2010 at 0833 hrs


  7. I tried to refute that…. grrrr….

    Posted by Owen on July 30, 2010 at 0842 hrs


  8. And with regard to her ridiculous BP argument…Who has received more campaign contributions from BP than anyone in history?  BHO…

    Posted by .(JavaScript must be enabled to view this email address) on July 30, 2010 at 0858 hrs


  9. wow Owen, you really are closed mind.  Consider a bigger picture.  No one is always right, but you sure seem to think you are.

    Posted by .(JavaScript must be enabled to view this email address) on July 30, 2010 at 0904 hrs


  10. Could you explain Paul Ryan’s theory that raising interest rates is going to push money into the economy?  kthxbai.

    Posted by scott on July 30, 2010 at 1602 hrs


  11. By the way, I can get live WPR streams to my iPhone through NPRs free app.

    Posted by scott on July 30, 2010 at 1603 hrs


  12. Could you explain Paul Ryan’s theory that raising interest rates is going to push money into the economy?  kthxbai.

    The Fed is borrowing money to banks at a zero interest rate.  The banks are turning around and buying (with the free loans from the Fed) Treasury bonds.  Ryan wants to curb this behavior…

    Ryan’s response to criticism on Fed rate…

    “Of course I do not think increasing the federal funds rate is what one does to spur immediate economic growth. But I do think we need to understand that the extremely accommodative monetary policy we have had for the past two years is not risk free. Observers like Kansas City Fed President Tom Hoening have made the case for a modest increase in the federal funds rate to send signals of monetary credibility, get back to normalcy and ward off speculative behavior (i.e., the next bubble). (More from Hoening [pdf]).

    Also – I’m not convinced – but intrigued – with the debate over the carry trade that is going on right now. What I mean by that is banks can borrow at essentially no cost from the Fed, plow the money back into no-risk Treasury securities, and earn that modest spread. This dynamic, while obviously helping banks recapitalize, could be curbing capital deployment in the private sector.

    I’m intrigued – but not convinced – by this argument. I appreciate the opportunity to fully explain my point.”

    Stagflation is what occurs after Keynesian policies fail…

    Posted by .(JavaScript must be enabled to view this email address) on July 30, 2010 at 1851 hrs


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