Thursday, November 24, 2011

Who is your most trusted source of information and analysis on the economy?

None of them, you really have to get in the weeds to even begin to get the truth !|||Dean Baker, who correctly predicted the collapse of the Housing Bubble in 2004:





Co-director of the Center for Economic and Policy Research, Baker said today: "Just as he allowed a stock bubble to inflate to dangerous proportions in the late nineties, Alan Greenspan has allowed, and arguably promoted, the development of a housing bubble in the last four years. For the first time in the post-war period, home prices have substantially outpaced the overall rate of inflation, creating nearly $4 trillion in bubble wealth. While the collapse of this bubble will almost certainly lead to a recession, the problem is only made worse by delaying the inevitable. Mr. Greenspan should have the courage to follow the example of Mervyn King, the head of the Central Bank of England, and make a clear and unambiguous warning about the dangers of a housing bubble." 6/30/2004








and his latest article:





The Fed chairman Ben Bernanke could have acted to burst America's housing bubble 鈥?and yet he did nothing





by Dean Baker


As the senate debates Federal Reserve chairman Ben Bernanke's reappointment, it is striking how the media views blaming Bernanke for the Great Recession as being out of bounds. Of course Bernanke bears much of the blame for America's economic collapse.





He was either in, or next to, the driver's seat for the last seven years. Bernanke was a member of the board of governors of the Federal Reserve since the summer of 2002. He served a six-month stint as head of President Bush's council of economic advisors beginning in the summer of 2005 and then went back to chair the Fed in January of 2006.|||I'm all over the map with no clear direction: WSJ, IBD, NY Times, Washington Post, CNN Money, CNBC, Economist, Bloomberg, etc...





I get NBER (National Bureau of Economic Research) working papers. They tend to be excellent. This one is particularly good: The Financial Crisis is the Symptom, Not the Disease by Ravi Jagannathan, Mudit Kapoor and Ernst Schaumburg.


also


Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications


by Claudia R. Sahm, Matthew D. Shapiro and Joel B. Slemrod (October, 2009)








I also get EPI (Economic Policy Institute) Briefing Papers. Also pertinent, and always excellent.





Timothy Bartik, senior economist, W.E. Upjohn Institute





John H. Bishop. Associate Professor of Human Resource Studies. Cornell University (for jobs info)|||I trust Bloomberg because they sued the Federal Reserve trying to get information that also happens to be some of the same info that an audit of the Federal Reserve would reveal and which a few democrats still oppose including Obama.|||I don't have a single source. I get my information from a number of sources and use my education and common sense to put it together.|||When you get old enough, you listen to a lot of different people and sources, then make your own decision on things. Much different then kids/liberals who believe everything the government tells them.|||Someone said no one predicted this mess. Peter Schiff (Nailed It) in 06 and 07.


http://www.peter-schiff.com/videos.php|||Charles Krauthammer is a well thought out classy guy with good insight on most subjects.|||Any independent source that is self-funded.|||nobody





why: if there was a trusted source we wouldn't be in a recession right now|||Nobody, because I don't think ANYONE really grasps the full scope of what's going on. I just hope for the best.|||Dean Baker. Look him up on Youtube or any of the so called media outlets.|||Rush Limbaugh and Mark Levin.|||The Economist





.|||Fox News and Glenn Beck|||your first responder has an excellent sense of humor. That was going to be my joke answer for the day. He beat me to it.

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