SRB's Daily Show: clueless

Friday, January 25, 2008

clueless

Jan. 25, 2008--Federal Reserve CHairman Ben Bernanke faces a perception problem: It looks like he is too ready to respond to a falling stock market. That criticism was sounded after the Fed moved to cut interest rates Tuesday, in part because of fears that an overseas stock market plunge would spill over to the US. The drumbeat grew more intense yesterday as critics and others confronted the possibilitiy that the global selloff was at least partly a false alarm, reflecting French bank SocieteGenerale's unwindiong of a rogue trader's bad bets, and due less to economic anxiety. WSJ A2
--[GOP Colorado State Representative Douglas] Bruce delivered a swift kick to the knee of a photographer for the Rocky Mountain News who was snapping his picture during a ceremonial prayer." NYT A13

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About Bachmann

Steve Bachmann, AB (Harvard), MFA (UNO), JD (Harvard), has represented many organizations working for social change as an attorney. He is also co-founder of The New Orleans Art Review.

He has written scores of law review articles and several books over the years, including THE U.S. CONSTITUTION FOR BEGINNERS (Writers & Readers Press, 1987), illustrated by Pulitzer prize winner Joel Pett; PREACH LIBERTY (Four Walls Eight Windows, 1990); NONPROFIT LITIGATION (John Wiley & Sons, 1992); LAWYERS, LAW AND SOCIAL CHANGE, (2001) published in conjunction with the ACORN Cultural Trust and Unlimited Publishing LLC; and three books of art criticism, titled SIMULATING SEX: AESTHETIC REPRESENTATIONS OF EROTIC ACTIVITY (2002) and BEYOND NOLA: NEW ORLEANS REVIEWS OF ART (with Terrington Calas, 2002), both published in conjunction with The New Orleans Art Review, and Unlimited Publishing LLC. EXTREME PROUST is his latest book.