Jun

27

There's something about the movie The Three Stooges that reminds one of the variegated Governors of the Fed as they are called out to give speeches and interviews when the market goes south. They once caused much mischief as the three stooges did when left alone and able to give their views on the operation of the orphanage or the Fed. But then the "orfedage" runs into trouble and the three stooges are called to raise money to get the things on an even track again. You would think that these "governors" would have more dignity than to beckon at the call of the Monseigneurs and spout humorous things about the weakness of the economy as an antidote to the decline. 


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