This is the sixth installment of “Providing Relief from the Crisis.” Read editor-in-chief R. Emmett Tyrrell, Jr.’s introduction here. The last time I looked I couldn’t find mark-to-market accounting in the Constitution of the United States. It must be the eleventh commandment because it’s obviously sacred. I understand the President has the authority under the […]
Bob McTeer is the former president of the Dallas Federal Reserve Bank.