I find today's fed funds rate cut troubling. Since when does the Fed's mandate cover activity in global stock markets? And no, I do ...

Readers of my blog know I have taken a hard line against Fed interventions during the past few months. For example, in " Sound Policy o...

A great tounge-in-check perspective on a government bailout of the markets by Roben Farzad of BusinessWeek . I hope Jim Cramer and the othe...

In case you missed it, Ben Bernanke came out swinging at the liquidity addicts of the world in his speech Friday . To the Jim Cramers of t...

Jim Cramer has found a new friend in Alan Mulally , the CEO of Ford. According the Financial Times , Mulally has come out calling for anot...

In my previous post I spelled out a few reasons why the Jim Cramers of the world are liquidity addicts. Regarding these folks, I would be re...

What is the appropriate role of the Federal Reserve at this time? Most views on this question fall into one of three camps: (1) the 'inj...