John Taylor's Rule: Bernanke Is Wrong! QE2 Is Nothing But A FED Hail Mary! (CNBC Interview)

Video:  Dr. John Taylor with Steve Liesman -- Oct. 15, 2010

Excellent discussion.  Read Taylor's recent editorial:

• Stop the Stimulus! Cutting the National Debt Is the smartest thing we can do for the economy

Meanwhile Paul Krugman wants $10 trillion in new QE:

• Krugman's QE Fantasy (1-minute video)

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Check out Dr. Taylor's Facebook page:

• Ending Government Bailouts as We Know Them - Facebook

• John Taylor's Stanford CV -- list of papers

Even fellow Keynesian Joseph Stiglitz is screaming for Bernanke to stop!:

• Stiglitz: The FED's Flood Of Liquidity Is Throwing The World Into Currency Chaos (Ambrose Says $30 Trillion QE2)

Must see:

• Nassim Taleb says "The Federal Reserve Will Be Gone In 25 Years," Ridicules Geithner Publicly And Accuses Krugman Of 'Stealing Assets From Your Grandchildren'

Comments

[DailyBail]

In the last couple years, amateur engineers from Africa have built DIY planes and helicopters out of recycled parts. These rigs look undeniably bad-ass, even if it's unclear whether they can get off the ground.

http://io9.com/5662884/homemade-african-aircraft-are-salvagepunk-cool-even-if-theyre-not-airworthy

Definitely check this one out...very cool work...

[DailyBail]

China's not the villain if the West tries to debase its debt through QE

http://www.telegraph.co.uk/finance/comment/liamhalligan/8068335/Chinas-not-the-villain-if-the-West-tries-to-debase-its-debt-through-QE.html

[DailyBail]

Why “Show me the Note” will have your case dismissed

http://www.freeandclearin90.com/2010/09/why-show-me-the-note-will-have-your-case-dismissed/

Read this one...

[DailyBail]

Research carried out by the BBC has revealed that some pension-selling companies take as much as 80 percent in fees and commission from some of their private pension plans. The rip-off involves not merely rogue operators or a few isolated cases, but well known high street names such as HSBC, Legal and General, and the Co-Op.

http://www.wsws.org/articles/2010/oct2010/pens-o16.shtml

[DailyBail]

Three-year-olds being labelled bigots by teachers as 250,000 children accused of racism

http://poorrichards-blog.blogspot.com/2010/10/three-year-olds-being-labelled-bigots.html

[DailyBail]

Japan Goes From Dynamic to Disheartened

http://www.cnbc.com/id/39709743

[DailyBail]

$900,000 for a 3-bedroom ... in Haiti?

http://www.cnbc.com/id/39711243