Some people are thrilled to death at this piece in the WSJ today that tells us Paul Volker is a consultant for Obama. I'd point out that Volker is over 80 years old and is only remembered fondly by those of us who did not lose our jobs and homes during his early "high interest rates or death" Fed reign. His cure for inflation was 21% interest rates that finally broke the entire economy. Goody goody, I can't wait.
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