Bob McCarty Writes

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‘Helicopter Ben’ Reborn as ‘Banana Ben’ Bernanke

March 26th, 2009 · 1 Comment

Ben Bernanke earned the nickname “Helicopter Ben” for comments he made in a November 2002 speech, Deflation: Making Sure “It” Doesn’t Happen Here, delivered at the National Economists Club in Washington, D.C.  More than six years later, some are wont to apply a new nickname, “Banana Ben,” to the Federal Reserve chairman. He has earned [...]

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Treasury Secretary Addresses Crisis in Markets

September 19th, 2008 · 4 Comments

Offering the basis for what might one day become a reality television show, Treasury Secretary Henry M. Paulson Jr. delivered “Extreme Makeover: Financial Markets Edition,” the name I apply to the statement he delivered in Washington, D.C., this morning: “Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy [...]

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