Stay updated with breaking news from Jaw bones them. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Say hey, guys, i need you all to do this pretty please. that s sort of where the united states is coming down to right now. they can make the case, look, you have to do this. here s all the reasons why. here s all the contagious problems for the global economy. they re going to ask these europeans to solve a problem that united states has said from the white house podium, in fact, this is not an american problem, this is for europeans to ultimately be the ones to solve it. so fine, tim geithner goes over, jaw bones them, nothing happens. but is there anything that fed chairman, u.s. fed chairman ben bernanke can do since the fed is independent? does he have any bullets in his gun? whatever my metaphor is? whatever weapon he has. right. the fed is politically independent. they have a lot more leeway. and the fed has been working in conjunction with central banks around the world to try to send signals to the market that things are easing and that they are working together in order ....