Thursday, February 5, 2009
Economic advisory panel: Volcker
Our old Fed Chairman, who is highly regarded for his inflation fighting in the early 80's, Paul Volcker, spoke last night and he's none too happy with the delay in starting the economic advisory group that the new President, Obama, set up. Obama picked Volcker, but Volcker isn't seeing any moving forward with this advisory panel. Volcker wants to help, and I believe we need his voice, but no one wants to "include" him... Hmmmm... I wonder what's going on there... Does the new administration believe they don't need Volcker's voice? I sure hope that's not true!