Author: Ken Coman
•10:19 PM
There is certainly an interest all of us have in the economy. The economy is generally and understandably the most important political issue for most Americans. There is a lot of talk about the problems the slowdown in the housing market could be causing. I read this article tonight on AEI and thought it was noteworthy to share on how some of the largest financial firms are surviving and some possible policy proposals to safeguard America from foreign governments investing in private US companies.

Sovereign Funds Offer U.S. Big Gains, Small Risk
http://www.aei.org/publications/filter.all,pubID.27273/pub_detail.asp

For those who are interested in the Federal Reserve System and how it works, this article is a must read written by one of our nation's most intelligent and well connected individuals (Mankiw served as the Chairman for the President's Council of Economic Advisers until 2005). In this article Mankiw alludes to insulating the Federal Reserve even more from politics (aka the people and our elected representatives) in order to allow it to do what it does best. I myself am cautious of any talk about isolating the people, whose nation this is, any further from the wealth of the nation and would encourage my own lawmakers to have an open and honest discussion about the constitutionality of the Federal Reserve System (The constitution gives only the House of Representatives the power to coin money) and the benefits of amending the constitution to allow for it so we can do it right and even better than it is now. The article is brief but enlightening.

How to Avoid Recession: Let the Fed Work
http://www.aei.org/publications/filter.all,pubID.27272/pub_detail.asp

Knowledge and education is key. If we don't know what to stand for, then we stand for nothing. And if we stand for nothing, we will fall for everything.
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1 comments:

On November 11, 2008 at 10:14 AM , Anonymous said...

Good for people to know.