How Conspiracy Theorists Are Steering Us Toward the Fiscal Cliff
Consumers are feeling optimistic; sales are up; employment hasn't much improved but neither is it getting worse; Washington is as dysfunctional as ever; and housing is showing significant life. Not the best of times, by any means, but not the worst. Yet, for some, that very calm says a storm is brewing, one of epic and perhaps even biblical proportions. Their opinion may not be a dominant chord, but it is prominent. And it may explain in part why our public debate about fiscal cliffs, taxes and the economic future can verge so quickly into dark, deep and destructive passions.
Our Hero, Ben Bernanke: Why Central Bankers (Not Politicians) Are Saving the Global Economy
The Federal Reserve just announced a new round of measures designed to keep the money flowing. Central bankers -- not to be confused with the heads of private banks that have received so much opprobrium for their role in the financial crises of the past years - are not noted for their charisma or their communication skills, but their role in shaping today's world, shadowy at times, could hardly be greater. The question is: Are they helping or harming?