Nevada Newsmakers

Host: Paul Enos, CEO, Nevada Trucking Association

Guests:
Gerald O'Driscoll, Economist, Senior Fellow, The Cato Institute
Pundits:
Liz MacMenamin, Vice President, Retail Association of Nevada
Chris Wicker, Spokesman, WashoeDEMS
Mike Bosma, CPA and Host of the Bosma on Business Radio show on Newstalk 780 KOH


"By doing this, the Fed is redirecting credit from productive areas of the economy back into the housing sector which in most parts of the country is still over built."

- Gerald O’Driscoll, Senior Fellow, Cato Institute, who says that with the recent move by the Fed to spend 40 Billion Dollars a month on buying troubled mortgage assets, it appears the Fed is taking over from Congress by conducting monetary policy rather than fiscal policy.