Chairman Bernanke is testifying before Congress today about the Fed’s exit strategy. CNBC will broadcast this event and I will be part of a discussion panel scrutinizing it. If you’re interested, tune in to Squawk Box from 10am to 11 am (ET) to catch the action.
Here is a CNBC video clip from last night’s Kudlow Report where I defend Ben Bernanke and argue that he should be confirmed for reappointment as Chairman.
Nonfarm payroll employment declined by another 263,000 jobs in September. According the the Labor Department release, over the recent period . . . “From May through September, job losses averaged 307,000 per month, compared with losses averaging 645,000 per month from November 2008 to April. Since the start of the recession in December 2007, payroll [...]
“Creative Destruction is Part of Free Enterprise” “Let ‘em Fail” Hold on just a minute. Maybe; maybe not. What about extenuatin’ circumstances? Since I’ve already upset most of you, let me begin by establishing my bone fides on creative destruction. I’ve read Joseph Schumpeter. I appreciate his insight and agree with it under most circumstances. [...]
In my guest appearance on CNBC's "The Call" program Tuesday morning, the topics were "Should the Fed Stick to Monetary Policy?" and "Is the Economy Back on Track?" On the economy, I made the same point about excess reserves and the Fed's mistake regarding excess reserves in the 1930s that I made in my June 10 posting.
As a new CNBC Contributor, here’s my new bio page: Bob McTeer’s Profile. It contains selected recent articles and videos. You may also see my April 24 interview on Kudlow Reports, below. httpv://www.youtube.com/watch?v=1qYEz7pNt00
Here is the video of my interview with Becky Quick on CNBC's Squawk Box on Thursday, April 2. [CNBC Toxic Assets Interview]
My post last Wednesday announced I would be a guest host on CNBC's Squawk Box. For those who missed it, the CNBC video clip can be found here. The full video (excluding commercials) has been uploaded to the NCPA website and can be accessed here.