Jesse Livermore over at Wiser than the Crowd, has a really interesting theory on Ben Bernanke's confirmation not going over easily. He thinks Volcker might be a potential candidate to try and replace Bernanke.
Stephen Colbert had a sketch last night on the Federal Reserve. It’s pretty good and I like seeing the Federal Reserve getting more attention. Stephen Colbert can make some really strong arguments that appeal to both Democrats and Republicans.
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Fed's Dead | ||||
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Here is the latest closing price chart for the Bernanke contract on Intrade.
I still remember Colbert's line when Bernanke was first nominated: "President Bush nominated a new Fed chairman today. If you don't care, you're probably poor."
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