Abstract
This paper considers the background and experience of Ben Bernanke as he takes over the Fed and how monetary policy is likely to be affected compared to his predecessor, Alan Greenspan.

From the Paper
"It is often assumed that the Federal Reserve, the Fed, is a government agency; technically, it is not. Its leaders are appointed by presidents, its mandate is from Congress and its actions are felt by the citizenry as a whole. Business obviously has a stake in the actions of the Fed but so does labor. The Fed maintains its independence from any one branch of government and only Congress can overturn its actions although that step has never been taken. The chairman..."

Tags:federal reserve, ben bernanke, Alan Greenspan, fed, monetary policy

Abstract
This paper offers an overview of the current governors of the Board of the US Federal Reserve including the current chairman of the board, Ben S. Bernanke. The paper specifically discusses the Federal Open Market Committee (FOMC) that is the branch of the Federal Reserve System responsible for open market operations, and relates the contents of its most recent report that was issued on March 5, 2008. The writer then offers personal recommendations on how the FOMC should provide more liquidity for the system in order to stimulate economic activity.

Outline:
Overview of the Federal Reserve System Board of Governors
Overview of the FOMC Monetary Policy Role
Personal Recommendation

From the Paper
"The current chairman of the board is Ben S. Bernanke, who was sworn into office as the Chairman and a member of the Board of Governors on February 1, 2006. As of today, Mr. Bernanke has held this position for two years and 1 month. He also serves as the Chairman of the Federal Open Market Committee, the Federal Reserve System's principal monetary policy making body (Federal Reserve, 2008). According to the regulations of the Federal Reserve, his term as a Chairman expires on January 31, 2010; his term as a member of the Board of Governors expires on January 31, 2020."

Tags:Bernanke, FOMC, liquidity, interest, rate, inflation

Abstract
This paper investigates three articles about the relationship of Ben Bernanke's policy, the jumbo mortgage market and the housing bailout to the Great Recession. These article are Steve Schaefer's 'Bernanke's Anti-Midas Touch' and Jon Birgerin's 'Jumbo Mortgages: The Best Deals', both in "Forbes Magazine Online", and Edmund Andrews' 'A 'Moral Hazard' for a Housing Bailout: Sorting the Victims from Those Who Volunteered' from "NY Times Online". Each article is summarized and followed by the author's commentary. The source is listed with each article analysis.

Table of Content:
Article 1: Bernanke's Anti-Midas Touch
Commentary
Article 2: Jumbo Mortgages: The Best Deals
Commentary
Article 3: A 'Moral Hazard' for a Housing Bailout: Sorting the Victims From Those Who Volunteered
Commentary

From the Paper
"This article explores the current state of the Jumbo Mortgage market. It begins by an evaluation of the mortgage market in general, stating that for house hunters, these are pretty good times. The average price of a home has dropped 10% or more since last year, and interest rates on loans below $417,000 are at their lowest rate in 4 years. With a 20% down payment, you can lock in a 30-year fixed rate mortgage at 5.9%. The story is different once the homes go above $417,000, however. "

Tags:expansion, cheap rate, second mortgage, risky loans, foreclose

Abstract
This paper provides a summary of a chapter of a textbook on public administration that focuses on democracy and bureaucratic power. Lessons learned from the chapter are addressed, as well the provision of a chart and explanation of its significance that is related to public interest groups.

From the Paper
"In Chapter ... "Public Administration Democracy and Bureaucratic Power", the author discusses the connection between public administration, democratic and economic principles and bureaucratic power. The chapter discusses the political values of democracy and how they play a role in the economic doctrine of capitalism. The major goals of a politically neutral science of administration are defined along with a discussion of the conflict that often exists between political and administrative values. The major dimensions of democratic administration are described including citizen participation, bureaucratic representativeness, responsiveness and administrative..."

Tags:Web sites, posts, freedom, government, economy, A Matter of Justice, Federal Reserve, Ben Bernanke, experts, jargon

Abstract
The paper discusses the Euro vis-a-vis its impact on U.S. monetary and financial policy. The paper reveals that the Euro is currently performing well on the open currency markets and its strength versus the dollar is strong. The paper discusses how U.S. monetary policy, as guided by the Federal Reserve, has been forced to adjust its policy to accommodate the stronger Euro and its impact on trade and foreign relations.

Outline:
Abstract
Overview
U.S. Economic Policy
Exchange Rate Effects
Conclusion

From the Paper
"In spite of its weak introduction, the Euro has become a major international currency on a par with the U.S. dollar, the British pound, and the Japanese Yen. The concept of a unified European currency has its origins in post World-War II Europe that was severely damaged, both economically and socially, by the ravages of the German war machine as well as the various political tyrannies that had led up to the war (Harrop, 1999). The Euro as a model of single-currency for the European Union was largely formalized in the Maastricht treaty of 1992 where the European Union became a reality rather than a pipedream (Harrop, 1999). The Euro was the conception of the 12 original European member states and was spear-headed by the Council of the European Union and the European Commission that set the formula for deciding the conversion rates at implementation (Pomfret, 2005). While initially weak on the open currency markets, the Euro quickly established itself as viable common currency regime for the EU and it has become a factor in many world economies and especially that of the U.S. economy."

Tags:currency, Federal, Reserve, Bernanke, trade, economy, inflation, finance