Fred Sheehan

Contributor since: 26 Feb 2010

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Biography

• Kartik Athreya for Fed Chairman

  Published 01 July 2010 | viewed 0 times

  Federal Reserve economist Kartik Athreya has written what all Federal Reserve apologists believe: "Economics is Hard. Don't Let Bloggers Tell You Otherwise." This paper of…

• Is Alan Greenspan a National Security Risk?

  Published 24 June 2010 | viewed 0 times

  (Reuters) - "Secretary of State Hillary Clinton on Thursday said 'outrageous' advice from former Federal Reserve Chairman Alan Greenspan helped create record U.S. budget deficits…

• Markets Without Guardrails

  Published 10 June 2010 | viewed 0 times

  Two significant changes are pushing markets towards a shakeout. Buy Now First, the bond markets are showing strains. For instance, both investment-grade and junk-rated companies…

• Should Investors Boycott the Stock Market?

  Published 03 June 2010 | viewed 0 times

  Investing in stocks is marketed as believing in America. Imbedded is the assumption that buying stocks is a fair deal. An investor might make or…

• A Speech: 'Chairman Greenspan: A Fiat Mind for a Fiat Age'

  Published 27 May 2010 | viewed 0 times

  A speech delivered at the Ludwig von Mises Institute Conference: "Austrian Economics and the Financial Markets," held at the University Club in New York City,…

• The 2004 Fed Transcripts: A Methodical, Diabolical Destruction of America's "Wealth"

  Published 13 May 2010 | viewed 0 times

  The Federal Reserve releases transcripts of the Federal Open Market Committee (FOMC) meetings with a five-year lag (as required by law, the Fed would like…

• Let Goldman Sachs Interrogate the SEC

  Published 06 May 2010 | viewed 0 times

  Since April 16, 2010, when the Securities and Exchange Commission (SEC) indicted Goldman Sachs on fraud charges, the bank must approach each day wishing it…

• Possible Misunderstandings about Municipalities and their Bonds

  Published 27 April 2010 | viewed 0 times

  Problems of state and municipal finance worsen. Governors announce new spending cuts at press conferences but inspire little confidence. The fury of emergency announcements leaves…

• The Best and Brightest Protect Greenspan and Betray the American People

  Published 12 April 2010 | viewed 0 times

  Alan Greenspan's reputation has a whiff of terminal decline after his appearance on April 7, 2010, before the Financial Crisis Inquiry Commission (FCIC). Prudence is…

• Greenspan Came Not to Save Consumers But to Bury Them

  Published 08 April 2010 | viewed 1,310 times

  April 7 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan defended the central bank's record on consumer protection in the years before the financial crisis....…

• Advice to the Financial Crisis Inquiry Commission: How to Question Alan Greenspan on April 7, 2010

  Published 05 April 2010 | viewed 2,701 times

  The Financial Crisis Inquiry Commission is holding a public hearing from April 7-9, 2010. The topic is "Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs)."…

• Government Authorities are Looking Out for Themselves - As Should Everyone

  Published 25 March 2010 | viewed 1,264 times

  "China in Midst of 'Greatest Bubble in History'", Bloomberg told readers on March 17, 2010. That was the opinion of certain experts interviewed by the…

• Municipal Deflation: Consequences of the Greatest Speculation

  Published 12 March 2010 | viewed 3,238 times

  "The financial difficulties of local governments in consequence both of the inflation and deflation of real estate values demonstrates strikingly the unwisdom of a revenue…

• From the Greenspan Put to the Kohn Put: Our Brilliant Central Bankers

  Published 08 March 2010 | viewed 1,911 times

  Federal Reserve Vice Chairman Donald Kohn announced his retirement on March 1, 2010. In his obligatory lament, Federal Reserve Chairman Ben S. Bernanke was half…

• Prepare for Slim Annuities

  Published 25 February 2010 | viewed 2,725 times

  Barclays Capital recently published its annual Equity Gilt Study. The paper includes data for asset returns in the United Kingdom back to 1899 and in…

• Miami's Municipal Woes (Again): Exiting Before the Tide Goes Out

  Published 19 February 2010 | viewed 3,006 times

  "Miami's tradition of unruly official behavior is finally bringing painful consequences. After years of reckless financial management and a bribery scandal that produced federal charges…

• Alan Greenspan: Party Boy

  Published 11 February 2010 | viewed 2,899 times

  "It's important to remember that equity values, stock prices, are not just paper profits. They actually have a profoundly important impact on economic activity. And…

• Ben Bernanke: The Very Model of a Modern Pliant Bureaucrat

  Published 05 February 2010 | viewed 2,518 times

  Federal Reserve Chairman Ben S. Bernanke was a safe bet to win the Senate's vote for a second term. "Safe" is what the senators want…

• Municipal Meltdown: Teacher Pensions, Bondholder Coupons, Go to Court

  Published 26 January 2010 | viewed 4,097 times

  "While the Illinois Constitution protects vested pension benefits, that promise, like all the state's obligations, is only as good as its ability to pay." ~…

• Economists Serving their Political Masters

  Published 18 January 2010 | viewed 2,897 times

  On January 14, 2010, an academic economist took a rare stance. Tenured professors rarely lift the veil from numbers that governments invent. In "Don't Like…