Comments on: Sheridan WY Speech from Tom Hoenig http://numberinsights.com/2009/06/04/sheridan-wy-speech-from-tom-hoenig/ green is good Thu, 21 Jan 2010 23:16:28 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Jr Deputy Accountant http://numberinsights.com/2009/06/04/sheridan-wy-speech-from-tom-hoenig/comment-page-1/#comment-2170 Jr Deputy Accountant Tue, 16 Jun 2009 22:10:18 +0000 http://numberinsights.com/?p=165#comment-2170 Hoenig is not one of my favorite Fedheads, I found it uninspiring to say the least. But the Keynes quote was fabulous for a laugh, don't you think? I agree with your analysis of the speech *however* it must be noted that thought and action are two entirely different things - Hoenig's track record shows little but a tendency (like many of his FRB colleagues) to point out the obvious and yet not change his MO to adapt to the dangerous conditions which he himself lays out in the speech. You want a real Fed winner? Kevin Warsh. That guy is a poet. :) Jr Hoenig is not one of my favorite Fedheads, I found it uninspiring to say the least. But the Keynes quote was fabulous for a laugh, don’t you think?

I agree with your analysis of the speech *however* it must be noted that thought and action are two entirely different things – Hoenig’s track record shows little but a tendency (like many of his FRB colleagues) to point out the obvious and yet not change his MO to adapt to the dangerous conditions which he himself lays out in the speech.

You want a real Fed winner? Kevin Warsh. That guy is a poet. :)

Jr

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