The Republican Party, after converting huge surpluses into huge deficits during the Bush era, after opposing deficit-reducing health reforms, student loan reforms and big-bank taxes during the Obama era, after continuing to clamor for trillions of dollars in deficit-expanding tax cuts while gutting House pay-as-you-go rules to make it …
federal reserve
Chairman End the Fed
It’s official: Ron Paul, libertarian standard bearer, will chair the House Financial Services subcommittee on monetary policy that oversees the Federal Reserve. It’s a big step for the Texas congressman who’s spent much of his career leveling harsh criticism at the central banking system and, in its own way, a sign of the times. …
Ben Bernanke: TIME Person of the Year
Here is Michael Grunwald’s excellent profile, and Rick Stengel’s explanation of how the Fed Chairman was chosen Person of the Year.
So tell us, Swampland commenters: Did TIME make the right pick?