links for 2008-04-04

• Counterparty of last resort? Yes, but... - Interfluidity
• “Are you now or have you ever been a Lafferite?”  - Jeff Frankel
• Are animals stuck in time? - EurekAlert
• Actions by the New York Fed in Response to Liquidity Pressures - FRBNY
• The U.S. Economy in 2007: Prospects and Puzzles - Janet Yellen - FRBSF
• Why bank risk models failed - Vox EU
• Climate change -- research suggests it is not a swindle - EurekAlert
• Michael Chertoff’s Insult - New York Times
• A little anxiety pays sometimes, study shows - EurekAlert
• Budgetary Impact of Foreclosure Bill - CBO
• A long term perspective on the Euro - Vox EU
• And a Pony - The Edge of the American West
• Ben Stein Watch, Expelled Edition - Felix Salmon