Paul Volcker Endorses Obama

Since I’ve invoked Paul Volcker’s name twice in the last couple of weeks, I felt like I should note that he endorsed Obama today (”Paul Volcker, Former Fed Chairman, Endorses Obama“).

“It is only Barack Obama, in his person, in his ideas, in his ability to understand and to articulate both our needs and our hopes that provide the potential for strong and fresh leadership,” Volcker said in an e-mailed statement today.

Hmmmmm. I’d be interested in hearing what Obama thinks about Volcker’s actions during the late seventies/early eighties when he peeved pretty much everybody by hiking the interest rates up, but saved the economy in the process. Obama … do you think we should do the same thing today?

Hat Tip: Lew Rockwell

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • StumbleUpon
  • Technorati

0 Responses to “Paul Volcker Endorses Obama”


  1. No Comments

Leave a Reply