Business Politics

Paul Volcker - Economy News

A video posted on The Huffington Post shows an interview with Paul Volcker, former Chairman of the U.S. Federal Reserve and current economic advisor to Democratic presidential candidate Barack Obama, where he expresses his comments on the fall down of Bear Stearns and that the Federal Reserve should not have stepped in the saving of the banking institution.

An article from Real Clear Markets titled “The Paul Volcker Myth” describes how Paul Volcker, a lifelong democrat, was never involved with the economic plan of Republican Ronald Reagan and how he served as the Chairman of the Federal Reserve during the administrations of Presidents Jimmy Carter and Ronald Reagan.

An article from The Wall Street Journal entitled “Some History on the Fight Against Inflation’s Evil” describes how Paul Volcker, former Chairman of the U.S. Federal Reserve, took measures in controlling the inflation rate through the initiation of the interest-rate policy and through opposing a bill on tax cuts.

A biography on Paul Volcker discusses his early years, education, his beginnings in his career as an economist, and finally about his position as the Chairman of the U.S. Federal Reserve.

An article from The New York Times titled “Ex-Fed Chairman Chides Current One” describes how Paul Volcker, former Federal Reserve Chairman, expressed disapproval with the current Fed chairman Ben Bernanke, criticizing the Fed’s intervention in the bailout of Bear Stearns.

An article from The New York Times titled “Can The Fed Answer All The Alarms?” discusses the stewardship of Paul Volcker, the appointed Federal Reserve Chairman during the Carter and Reagan administrations, where he was able to set the stage for the economic growth the country.

A column from Money Morning titled “Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors” describes how Presidential hopeful Barack Obama seeks economic advice from former U.S. Federal Reserve Chairman Paul Volcker and how Obama may possibly replace the current Federal Reserve Chairman Ben Bernanke considering that he is a Republican appointee.