Volcker walks out on Bartiromo interview
John Carney of The Business Insider wonders why Obama economic adviser Paul Volcker walked out in the middle of an interview with CNBC anchior Maria Bartiromo.
Carney writes, “In case you missed it, here’s what happened. Volcker sat down with Bartiromo for an interview. But a few minutes into the interview he cut it short. He actually got up while the cameras were still rolling and walked away. You can watch the ending right here.
“It was the only time we remember someone walking off in the midst of a CNBC interview while the cameras were still rolling. And, in retrospect, the entire tone of the interview was off. At one point, Volcker started talking about what Bartiromo was wearing.
“Here’s our working theory: Volcker is a deficit and an inflation hawk trapped in an administration whose economic policy is built around deficit spending and loose money. He’s a team player, however, and doesn’t want to bad-mouth the administration’s policies. But he also won’t voice support for policies he thinks are destructive. So it was easier to dodge the questions and, when they could no longer be dodged, simply end the interview.”
Read more here.