Wednesday, February 09, 2011

Quotes of the day

There is nothing more insidious that a country can do to its citizens than debase its currency.--Paul Ryan

Monetary policy can't do anything about, say, bad weather in Russia or increases in demand for oil in Brazil and China. What we can do is try to get stable prices and growth here in the United States.--Ben Bernanke

According to its own investigation, errors were made in [the Government Accountability Office's] producing a report highly damaging to for-profit colleges, but no one had any bad intentions and the report still stands. Well, the significantly revised report -- the one much more favorable to for-profits schools that got almost no attention because GAO sneaked it out -- still stands. And please, don't try to hold the GAO accountable yourself: The GAO's press release states that the report on its internal investigation will not be publicly released.--Neal McCluskey

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