This is one of those rare days when watching an electric teevee should not be considered a sign of arrested development.
At 2:15 p.m. (Eastern Commune Time) the first-ever news conference by a sitting commissar of the Federal Reserve Board will go on the air. Couple of drive-by points:
--No one is being discourteous enough to suggest that Ron Paul has rattled Bernanke and his courtiers enough to force them to crack the windows a little. A news conference every three months is a long way from a professional audit. However, it's at least a tiny advance from our magic money gurus' insistence that 300 million American have no need to know a damned thing about turbocharged printing presses.
--Ben's dog and pony show will, without the slightest doubt, tell us most things are fine and that he has a plan to fix the few faltering parts.
Sorry, but that makes me think of digging up the Pet Semetary and not noticing that the cat walks funny.
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