By Phil Gramm and John Taylor as appeared in Wall Street Journal on September 12, 2012 Since mid-September of 2008, the Federal Reserve balance sheet has grown to $2,814 billion from $924 billion as it purchased massive amounts of U.S. Treasurys and mortgage backed securities. To finance those purchases the...
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Phil Gramm on Banking, Regulation, U.S. Election
Sept. 10 (Bloomberg) — Former U.S. Senator Phil Gramm, a Texas Republican who helped write the 1999 law that enabled the creation of financial institutions such as Citigroup Inc. and Bank of America Corp., talks about the outlook for the 2012 presidential election and the banking industry. He speaks with...
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Senator Phil Gramm-Larry Kudlow, Tale of Two Recoveries
Sep 4, 2012 Former Senator Phil Gramm, (R-Texas), compares and contrasts the policies and the economic results of Reagan’s recovery and Obama’s recovery, highlighting the dramatic increase in dependency in Obama years. Watch the video ...
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Senator Phil Gramm Compares Reagan to Obama
Sep 4, 2012 Former Senator Phil Gramm, (R-Texas), compares recession responses between President Reagan and President Obama. Watch the video...
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WSJ: Reagan and Obama: A Tale of Two Recoveries
How these two presidents responded to a deep recession reveals polar extremes in policy. And in results. By Phil Gramm as appeared on August 30, 2012, on page A15 in the U.S. edition of The Wall Street Journal Only twice since World War II has the U.S. unemployment rate reached 10%:...
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