Morning Journal--The damage done by Fed policy

Economics

   This Week’s Data

   Other

            A great piece on Fed policy and the damage that it is doing to the economy (medium and today’s must read):

            http://www.minyanville.com/business-news/politics-and-regulation/articles/How-the-Fed2527s-Easy-Monetary-Policy/12/10/2012/id/46545

            And the choices the Fed has going forward (medium):

            http://www.zerohedge.com/news/2012-12-10/central-bankers-unorthodox-policy-options-left-armory

            Lessons from the 1937 fiscal cliff (medium):

            http://www.zerohedge.com/news/2012-12-10/steve-keen-lessons-fiscal-cliff-1930s

            Weekly gasoline update (short):

            http://advisorperspectives.com/dshort/updates/Gasoline-Update.php

Politics

  Domestic

How corruption stifles innovation (medium):

http://blogs.hbr.org/cs/2012/12/how_corruption_is_strangling_us_innovation.html

Obama prepares to kick out Fannie Mae’s chief (medium):

http://www.zerohedge.com/news/2012-12-10/obama-prepares-kick-out-fannies-ed-demarco

            Making the financial system more fragile (medium):

            http://www.zerohedge.com/news/2012-12-10/guest-post-too-big-understand