Paul Volcker

Paul A. Volcker was Chairman of the Board of Governors of the Federal Reserve System from August 1979 to August 1987. Initially appointed to that position by President Carter for a four-year term, he was reappointed in 1983 by President Reagan.

Over the course of his career, Mr. Volcker worked in the Federal Government for almost 30 years, serving in office under five presidents—John F. Kennedy, Lyndon B. Johnson, Richard M. Nixon, Jimmy Carter, and Ronald Reagan. Prior to his appointment as Chairman of the Board of Governors of the Federal Reserve System, Mr. Volcker spent more than four years as President of the Federal Reserve Bank of New York.

Mr. Volcker returned to private life in 1987 by joining the firm of James D. Wolfensohn & Co., Inc. as Chairman, until his retirement in 1996. He is currently serving as director of, or consultant to, a number of corporations and nonprofit organizations.



General Brent Scowcroft, Eric Melby and Henry Siegman

General Brent Scowcroft, Eric Melby and Henry Siegman

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Israel Provoked This War

There seems to be near-universal agreement in the United States with President Barack Obama’s observation that Israel, like every other country, has the right and obligation to defend its citizens from threats directed at them from beyond its borders.

But this anodyne statement does not begin to address the political and moral issues raised by Israel’s bombings and land invasion of Gaza: who violated the cease-fire agreement that was in place since November 2012 and whether Israel’s civilian population could have been protected by nonviolent means that would not have placed Gaza’s civilian population at risk. As of this writing, the number killed by the Israel Defense Forces has surpassed 600, the overwhelming majority of whom are noncombatants.

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