Subscribe in a reader






Buy Conservative Advertising

Wikio - Top Blogs

Find the best blogs at Blogs.com.


Enter your email address:

Delivered by FeedBurner


No one but the author bears any responsibility for the non-advertising content on this blog. AND PLEASE NOTE: the author neither necessarily uses nor endorses any product advertised on this blog.

« "The Foreclosure Fiasco" | Main | " . . . this is 100% accurate going back to the 1800s." »

January 21, 2013

Laugh along with the 2007 Fed staff

Stop, you're killing me! "Fed Chief Economist In 2007: The Economy Won't Go Into Recession And No I Am Not On Drugs".

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

John B. Chilton

Stockton retired in 2011 at age 57. Some interesting background at this link along with a snippet:

http://www.bloomberg.com/news/2011-05-31/fed-s-u-s-research-division-director-david-stockton-to-retire-sept-30.html

snippet:
Stockton, known for his sense of humor, could mix statistical analysis with anecdotes. At the same December 2005 meeting he told Fed governors and regional-bank presidents that the creation of “Flip That House,” a television show, suggested that the housing boom would soon end. “As far as I could tell, the gist of the show was that with some spackling, a few strategically placed azaleas and access to a bank, you too could tap into the great real estate wealth machine,” Stockton said, according to a Federal Open Market Committee meeting transcript released in January with other 2005 transcripts, the most recent year available.

The comments to this entry are closed.

Powered by TypePad
Member since 07/2003

Shelfari: Book reviews on your book blog