The FED’s response to the last year’s financial collapse has drawn criticism from all fronts. We’ve contributed to the criticism in small ways. In particular, we don’t like the idea of too-big-to-fail and were unhappy when companies were saved from the axe of failure in the marketplace. Bernanke, though, has brought real and valuable innovations… Read more

Over the weekend I read this article. It seems that Barney Frank and Ron Paul, normally not allies, have gotten together and proposed a law requiring an audit of the Federal Reserve System and limiting the Fed’s lending options. I tweeted on it, calling it a really really bad idea. I was tempted to say… Read more