Economy in the Lurch: Negative Interest Rates, the Fed Audit, and Geithner in the Dock

Negative interest rates finally materialize, Tim Geithner falls on his face at Congress, and the House moves forward with their policy of gutting the authority of the Federal Reserve. That’s three big stories to talk about on today’s Coffee and Markets, a daily podcast from The New Ledger on politics, policy and the marketplace with Francis Cianfrocca, brought to you by BigGovernment.com.

Coffee and Markets

[audio: http://newledger.com/podcasts/CoffeeandMarkets112009.mp3]

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Related Links:

WSJ: House Attacks Fed, Treasury

MarketWatch: Panel Votes to Audit Fed Balance Sheet

WP: Threatening the Fed’s Independence

Bloomberg: Geithner Resignation Calls Increase

Ryan and Hensarling: Why No One Expects a Strong Recovery

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