Fred Sheehan

Contributor since: 26 Feb 2010

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• Numbers and Prices

  Published 21 June 2013 | viewed 0 times

  The Federal Reserve is fully committed to its asset-propping strategy: It will raise the economy by lifting asset numbers. This is where it is important…

• When the Scales Fall

  Published 19 June 2013 | viewed 0 times

  The U.S. government is losing credibility. That is both an obvious and a useless observation without a sense of the consequences. Maybe, there are none.…

• 'A' for Conduct. 'F' for Guts

  Published 31 May 2013 | viewed 0 times

  "You are lucky, if I may say so, that I'm the one who's standing here and not the ghost of Sen. Carter Glass. One hesitates…

• Interview with David Stockman, author of The Great Deformation: The Rise of Crony Capitalism in America

  Published 23 May 2013 | viewed 0 times

  Buy Now The reviews I have read of David Stockman's book, The Great Deformation: The Rise of Crony Capitalism in America, have dealt in trivia,…

• Big Money

  Published 22 May 2013 | viewed 0 times

  The difficulty of institutions that need cash for payment have grown acute during the chalk-brained professors' zero-interest-rate pogrom. Insurance companies are one victim, pension plans…

• When Prices Fall

  Published 17 May 2013 | viewed 0 times

  "Real and Illusory Credit" bridged the destruction of phony, 1920s, Federal-Reserve wampum to Bernard Connolly's evaluation of today's deadly path. The aftermath of the twenties,…

• Real and Illusory Credit

  Published 08 May 2013 | viewed 0 times

  "When Ro-Ro goes No-No" expounded upon the ultimate futility of conjuring illusory wealth. Bernard Connolly's analysis, "Rethinking the Rogoff-Reinhoff Thesis," made the case. Connolly wrote…

• When Ro-Ro Goes No-No

  Published 01 May 2013 | viewed 0 times

  A book finds favor when public opinion is willing to accept its proposition. This Time is Different: Eight Centuries of Financial Folly (2009) by Carmen…

• Preface for Chinese translation of Panderer to Power

  Published 19 April 2013 | viewed 0 times

  The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession To be published by Fudan University Press I thank…

• The Time is for Turning

  Published 17 April 2013 | viewed 0 times

  The Economist published a sketch of Margaret Thatcher's political career in its April 8, 2013, edition. "No Ordinary Politician" (subscription may be required) is a…

• Let's Not Think

  Published 12 April 2013 | viewed 0 times

  On April 2, 2013, Peter Orzag, former director of President Obama's Office of Management and Budget, debated David A. Stockman, former director of President Reagan's…

• Take Your Money and Run

  Published 03 April 2013 | viewed 0 times

  It is a wonder of the times that, in matters of money, such trust endures when those in whom it is invested work so hard…

• Speaking Up for Deformity

  Published 02 April 2013 | viewed 0 times

  In a favorable review of David Stockman's The Great Deformation: The Corruption of Capitalism in America, a critic winds down with a sigh. Stockman's prescriptions…

• Money is Gold

  Published 27 March 2013 | viewed 0 times

  I believe Dennis Gartman compiled this list through June 13, 2012. "Spain is not Greece." - Elena Salgado, Spain's Finance Minister, February 2010 "Portugal is…

• A Quarrel in a Far-Away Country between People of Whom We Know Nothing

  Published 21 March 2013 | viewed 0 times

  Even for those living on a distant continent, the confiscation of state-guaranteed bank deposits in Cyprus is a reminder. (At this stage, it is not…

• Jail Time?

  Published 16 March 2013 | viewed 0 times

  "The Fed's alphabet soup of cash-pumping....actions were so reckless that even the outrageous anecdotes to which they gave rise can scarcely capture the lunacy rampant…

• Eating the Fed for Lunch

  Published 10 March 2013 | viewed 0 times

  The lack of interest regarding just how the Federal Reserve will extricate itself and the rest of us may be a matter of self-preservation. There…

• Crony Bureaucrat

  Published 07 March 2013 | viewed 0 times

  The bureaucrat is similar to the cockroach. Both "species adapt readily to a variety of environments, but prefer warm conditions found within buildings." Both "are…

• Dissension is Overrated - Part II

  Published 01 March 2013 | viewed 0 times

  On Wednesday, February 20, 2013, RORO (risk-on, risk-off) hit the RO switch (risk-off) when the Federal Reserve released minutes of its January 29-30, 2013, FOMC…

• Time to Go Short: Here Come Those Experts Again

  Published 20 February 2013 | viewed 0 times

  The February 2, 2013, edition of The Economist presented a rousing endorsement for Scandinavian living. ("Cecil Rhodes once said that 'to be born an Englishman…