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Entries in Ben Bernanke (3)


EA Opinion: Why Foreign Policy's "Global Thinker" List Is, Like, Really Brilliant

President Obama (left) is Really Brilliant. So is Dick Cheney (right). Not sure about that lady in the middle....

I mean, it's not like being the President of the US is the reason why Mr. Obama would influence our lives. Any time he thinks something quite smart --- "Hey, another drone strike will solve the world's problems!" --- that's the reason he is Number One rather than, say, the power that he holds.

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US Politics Analysis: Pushing Obama and Congress Towards the "Fiscal Cliff"

Federal Reserve Chairman Ben Bernanke talks on Tuesday about the "fiscal cliff"

America's politicians are wrestling with a basic problem --- raise taxes or cut welfare spending --- and the interested and influential advocacy groups are unlikely to be accommodating. Thought organisations supporting Obama are shouting loudest now there is little doubt that, once Republicans have come to terms with their electoral defeat, conservatives will push back hard. This is a game which is only beginning and in which the President and members of Congress are far from the only players.

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US Opinion: Learning The Ideological and Political Lessons of "Armadebtdon 2011"

When a deal is finally reached on this occasion, who is optimistic that in a year's time, or a decade from now, politicians will have found a way to put aside partisan differences exacerbated by outside groups and face the tough fiscal choices facing the country?

Perhaps it is time for some changes in the way American government operates to meet the modern reality that compromise, on the important matters, is virtually impossible in Congress. Without them --- and it might be as simple, if controversial, as ending the filibuster --- it is impossible to see how Washington can avoid lurching from impasse to impasse.

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