Back in a rhythm.

I will follow General Petreaus to the gates of hell. From our friends at STRATFOR

This is why.

R.I.P Keith Zambito

I regret to inform all ECU Alumni that Keith Zambito has passed away. As many of you know he was a torment to me as a student, but recently came back to the Department and was a great help in fund raising for our scholarships and in promoting the Alumni golf tournament. All was forgiven and the wayward son came home and was embraced and loved.

He will be missed.

Sorry but I have no picture of him.

Rest in peace.

Ric Mishkin talks...time to listen.

This really makes sense. Economic history sure helps explain things.

http://www.realclearpolitics.com/articles/2010/02/03/the_perils_of_prosperity_the_story_behind_the_economic_crisis_100149.html

Must read: Cochrane and Hamilton

http://www.econbrowser.com/archives/2010/01/john_cochrane_o.html

Get 'em while they're hot!

http://www.tailofthetiger.com/index.html

Krugman gets it right.

http://www.reflector.com/opinion/paul-krugman-canadas-teaching-moment-21841

"The Camel Hump"

Here is the update of the monetary base from our friends at Cumberland Advisors. I have given it the affectionate name of "the camel hump." Check out all the mortgage backed securities the Federal Reserve has purchased. Oh baby. Now the jackpot question...how you going to deflate it?