Writing about current events requires that the author be engaged in what
is going on in the world in "real time." You have to live and breathe
what is happening: you live the events daily. You live the actions of
the Federal Reserve System and the European Central Bank. You live
through the frustrations of the Federal Reserve System and the inability
of the central bank to stimulate the economy back into a more rapid
recovery. You live through the new programs the monetary authorities
create, like a new round of Quantitative Easing, QE2, to support the
smaller banks in the banking system and to cause rising stock prices and
housing prices to create a wealth effect in the economy. You live
through Europe's continuing economic and financial problems and see
further distress. That is why this book is titled "Living It" because I
did! In reading this book you should get some sense of how history
unrolled during this remarkable time.