This is why Greece is in the shape it is in.

http://online.wsj.com/article/SB10001424052702304765304577480473311092932.html?mod=wsj_share_tweet

World War II redux?

http://blogs.wsj.com/economics/2013/03/19/huge-fed-balance-sheet-has-historical-precedent/?blog_id=8&post_id=18451&mod=wsj_valettop_email

Watch the new guy....

http://online.wsj.com/article/SB10001424127887324392804578363032560420100.html?mod=rss_mobile_uber_feed&mg=id-wsj

Cyprus and the Russians.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/18/everything-you-need-to-know-about-the-cyprus-bailout-in-one-faq-2/

Oh God....

It is all in the angle you view it from....

The day after his wife disappeared In a kayaking accident, an
Anchorage man answered his door to find two grim faced Alaska State Troopers.

"We're sorry Mr. Wilkens, but we have some information about your
wife," said one of the troopers. "Tell me! Did you find her?" Wilkens asked.

The troopers looked at each other. One said, "We have some bad news,
some good news, and some really great news. Which would you like to
hear first?"

Fearing the worst, the tearful Mr. Wilkens said, "Give me the bad News first."

The trooper said, "I'm sorry to tell you, sir, but this morning we
found your wife's body in Kachemak Bay ."

"Oh my God!," said Wilkens. Swallowing hard, he asked, "What's the good news?"

The trooper continued, "When we pulled her up, she had 12
twenty-five-pound King crabs and 6 good-sized Dungeness crabs
clinging to her, and we feel you are entitled to a share in the catch."

Stunned, Mr. Wilkens demanded, "If that's the good news, then what's
the great news?"

The trooper smiled and said, "We're gonna pull her up again tomorrow."

Break glass in case of emergency.

http://gregmankiw.blogspot.com/2013/03/comic-of-day-not-completely-fair-but.html

The Treasury is now the Fed's biggest political constituency...and that frightens the hell out of me.

http://johnhcochrane.blogspot.com/2013/03/monetary-policy-with-large-debts.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheGrumpyEconomist+%28The+Grumpy+Economist%29

Say what?

http://streetwiseprofessor.com/?p=7112

If not now...when?

http://blogs.wsj.com/economics/2013/03/04/volcker-fed-shouldnt-wait-too-long-to-unwind-stimulus/?mod=djemRTE_h

"If I have but one friend left at the end of this, and it is the voice that dwells deep inside me...I will be happy."

Lincoln said the above. I am sure Bernanke is feeling it too.




http://mobile.nationaljournal.com/magazine/does-ben-bernanke-care-too-much-about-jobs-20130228?page=1

Debt ceilings from the past.

http://libertystreeteconomics.newyorkfed.org/2013/03/how-the-nation-resolved-its-first-debt-ceiling-crisis-.html

Tee hee hee.

I signed it. We remain is this fettered and festering sewer...and the simple obvious remains undone.

http://images.politico.com/global/2013/02/25/economists_letter_corporate_tax_policy_022613.html