Entry 49734 (Berkeley CSUA MOTD)

Berkeley CSUA MOTD:Entry 49734

WIKI \| FAQ \| Tech FAQ
`http://csua.com/feed/`

2025/05/26 [General] UID:1000 Activity:popular

5/26

2008/4/11-16 [Uncategorized] UID:49734 Activity:nil

4/11    Video of Paul Volcker's speech:
        http://calculatedrisk.blogspot.com/2008/04/volckers-speech.html
        \_ He has some good points but he's one of the worst public
           speakers I've seen. I think I'll save the links for times when
           I need to fall asleep quickly.

Cache (1173 bytes)

calculatedrisk.blogspot.com/2008/04/volckers-speech.htmlVolcker's Speech For those that missed Volcker's speech this week, it is now available on YouTube in five parts. I've also added a speech Volcker gave in February 2005 that was both prescient and still relevant to the crisis today. second annual summit of the Stanford Institute for Economic Policy Research. In his keynote speech he warned that the nation was facing 'huge imbalances and risks'. A few selected excerpts: "Altogether, the circumstances seem as dangerous and intractable as I can remember." "Homeownership has become a vehicle for borrowing and leveraging as much as a source of financial security." "I come now to the heart of the problem, as a Nation we are consuming and investing, that is spending, about 6% more than we are producing. A flow of capital that today runs to more than $2 Billion per day." "What I'm really talking about boils down to the oldest lesson of financial policy in Central Banking: A strong sense of monetary and fiscal discipline." Archive of previous videos A Jacksonville Florida Realtor standing on the street corner, wearing a sign, looking for business. Copyright 2007, 2008 CR4RE LLC Site Meter Tip Jar By popular demand.