This blog aims to accomplish two things. Given how quickly events are reported, misreported, and dropped by the MSM, we want to go back and see if we can't find some answers to questions that were and were not asked. Second, because the lazy MSM's chief tool for what passes as journalism is to quote pundits without having done any homework,the right questions don't get asked. We want to provide our readers the contact information for these pundits so we can ask them directly.

Wednesday, August 26, 2009

Pump the brakes on Bernanke

As the Obama admin's commitment to financial sector regulatory reform seem lukewarm at best I would implore the liberal senators on the Finance Committee to hold up Bernanke's confirmation for a second term as Fed Chairman until meaningful (no 'too big to fail', position limits on all commodities derivatives, all derivatives traded on open exchanges, etc.) financial regulatory reform is signed by the President.
This is one of the few times senators who REALLY want to rein in the run amok risk-takers will have some real political leverage. Summers and Geithner certainly don't seem inclined to do much...


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