Ben Bernanke: “Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a…”

Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make sure that we are on a sustainable path in the long run.

Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and employment; and to promote a stable and efficient financial system that serves all Americans well…

As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.

Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict between private shareholders and public policy and likely diminish the systemic risk, as well. Other benefits are that…