Ive been saying this openly. And they have lowered too slow. He took 25. Some people were hoping for 50. He did 25. Im not thrilled with the fed, despite that we have an incredible economy and no inflation. Chairman powells job is safe . Yeah it is safe. Sure, why not . You paused . I dont pause. He has a job, im disappointed in it. Im very disappointed in him. Neil the job is safe because the president cant fire him. Once appointed unless serious malfeasance or crime he is there, he is there for another couple years. Of course the president is free not to reappoint him. That is assuming the president is still in office to decide that. Former Treasury Department economist under president bush 43 David Beckworth with us. Obviously he is not satisfied with the quarterpoint move. He wanted more. We got data today to indicate maybe the fed was wise to make the quarter point and add to that the caveat it is watching other developments. What do you think of the data and confluence and . We s
Im disappointed in myself and im pissed off at myself for having done it. I did it and i apologize for it. Sandra laura engel following the story. The timing couldnt be worse who just started his Reelection Campaign last week. This photo and story is out there. Only time will tell if his apology will be enough. Time magazine First Published the photo from 20012002 year book where he worked as a teacher and he is wearing a turbine and robe and face and hands darkened as he posed during a costume party. Many consider the Canadian Liberal Party leader a champion of minority groups during his nearly four years as Prime Minister and has made is embrace of canadas many cultures a major part of his leadership. Taurking with reporters yesterday he said he didnt think it was racist at the time but now he knows better. People have made mistakes in this life and you make decisions based on what they actually do and what they did and on a casebycase basis. I think i deeply regret that i did that.