{"id":8394,"date":"2013-09-05T18:44:24","date_gmt":"2013-09-05T22:44:24","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8394"},"modified":"2013-09-05T18:44:24","modified_gmt":"2013-09-05T22:44:24","slug":"feds-fisher-slams-congress-over-fiscal-policy-wsj","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/09\/05\/feds-fisher-slams-congress-over-fiscal-policy-wsj\/","title":{"rendered":"Fed\u2019s Fisher Slams Congress Over Fiscal Policy | WSJ"},"content":{"rendered":"<p>Rob Curran at WSJ reports on a speech by Dallas Fed President Richard Fisher:<\/p>\n<blockquote><p>Speaking at a luncheon hosted by financial-industry trade group the Dallas Estate Planning Council at the Dallas Country Club, Mr. Fisher said the central bank has done all it can to stimulate the U.S. economy. He said members of Congress\u2013both Republicans and Democrats\u2013have failed to do their part. Elected officials have \u201csold our children\u2013and our grandchildren\u2013down the river,\u201d Mr. Fisher said. \u201cWe haven\u2019t had a budget for five years; no one knows what their taxes are going to be; no one knows what spending is going to be.\u201d<\/p>\n<p>The Dallas Fed president has long maintained that the missing ingredient in the economic recovery is a sound fiscal policy.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/blogs.wsj.com\/economics\/2013\/09\/05\/feds-fisher-slams-congress-over-fiscal-policy\/?mod=djemRTE_h\">Fed\u2019s Fisher Slams Congress Over Fiscal Policy &#8211; Real Time Economics &#8211; WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rob Curran at WSJ reports on a speech by Dallas Fed President Richard Fisher: Speaking at a luncheon hosted by financial-industry trade group the Dallas Estate Planning Council at the Dallas Country Club, Mr. Fisher said the central bank has done all it can to stimulate the U.S. economy. He said members of Congress\u2013both Republicans &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/09\/05\/feds-fisher-slams-congress-over-fiscal-policy-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fed\u2019s Fisher Slams Congress Over Fiscal Policy | WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,34],"tags":[1358,1412,2346],"class_list":["post-8394","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","category-us-canada-countries-regions","tag-federal-reserve","tag-fiscal-policy","tag-monetary-policy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed\u2019s Fisher Slams Congress Over Fiscal Policy | WSJ - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fed\u2019s Fisher Slams Congress Over Fiscal Policy | WSJ - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Rob Curran at WSJ reports on a speech by Dallas Fed President Richard Fisher: Speaking at a luncheon hosted by financial-industry trade group the Dallas Estate Planning Council at the Dallas Country Club, Mr. Fisher said the central bank has done all it can to stimulate the U.S. economy. 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The financial crisis has left the five biggest banks even more powerful than before, he said at an event in Mexico City...... \"After the crisis, the\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6160,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/13\/richard-fisher-politicians-need-to-get-their-act-together\/","url_meta":{"origin":8394,"position":2},"title":"Richard Fisher &#124; Politicians need to get their act together","author":"Colin Twiggs","date":"November 13, 2012","format":false,"excerpt":"Texas Fed President, Richard Fisher believes fiscal authorities need to get their act together. \"There is a limit to what we can do. We can't have a Buzz Lightyear monetary policy: to infinity and beyond.\" [gigya name=\"cnbcplayer\" PLUGINSPAGE=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" height=\"380\" width=\"400\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/3000129200\/code\/cnbcplayershare\" type=\"application\/x-shockwave-flash\"] Fisher's\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3500,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/15\/qe3-wall-streets-biggest-fantasy-wsj-com\/","url_meta":{"origin":8394,"position":3},"title":"QE3 &#8211; Wall Street&#8217;s biggest fantasy? | WSJ.com","author":"ColinTwiggs","date":"February 15, 2012","format":false,"excerpt":"WSJ.com - Mean Street [gigya src=\"http:\/\/s.wsj.net\/media\/swf\/VideoPlayerMain.swf\" bgcolor=\"#FFFFFF\" flashVars=\"videoGUID={E5C1EE90-81B3-4ECC-900E-15DFDDD03B57}&playerid=1000&plyMediaEnabled=1&configURL=http:\/\/wsj.vo.llnwd.net\/o28\/players\/&autoStart=false\" base=\"http:\/\/s.wsj.net\/media\/swf\/\" name=\"flashPlayer\" width=\"512\" height=\"363\" seamlesstabbing=\"false\"] Steven Russolillo discusses the prospects of another round of quantitative easing by the Federal Reserve based on recent comments by Dallas Fed Chief Richard Fisher.","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5741,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/11\/the-united-states-is-not-europe-and-texas-aint-france\/","url_meta":{"origin":8394,"position":4},"title":"The United States Is Not Europe and Texas Ain&#039;t France","author":"Colin Twiggs","date":"October 11, 2012","format":false,"excerpt":"Extract from remarks by Richard W. Fisher, President of the Dallas Fed, before the Cato Institute: ....Under both Republican and Democratic leadership, we did what was economically sensible. The result was a long-lived expansion. But it ended in tears. Success led to complacency; complacency led to a tolerance and even\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59141,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/11\/13\/the-threat-to-fed-independence\/","url_meta":{"origin":8394,"position":5},"title":"The threat to Fed independence","author":"Colin Twiggs","date":"November 13, 2024","format":false,"excerpt":"The Wall Street Journal on April 26, 2024: Donald Trump\u2019s allies are quietly drafting proposals that would attempt to erode the Federal Reserve\u2019s independence if the former president wins a second term, in the midst of a deepening divide among his advisers over how aggressively to challenge the central bank\u2019s\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8394"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8394\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}