Commentary Imagine you’re at the helm of the Queen Mary…. You’re bringing your cruise ship into port when over the radio comes the harbor master telling you they’re having some docking issues so you’ll need to parallel park your ship between the Maiden of the Seas and the Ocean Dreamer. You’ll see the spot up on your right. If the thought of parallel parking a cruise ship sounds a little absurd, it should. The sheer size of those ships and their lack of maneuverability makes a precision move like parallel parking impossible. Who would try such a thing? (Think of the wreckage!) Apparently, the Fed would. They’re facing a task that carries the same level of challenge (or level of absurdity, if you prefer) as squeezing a 900-foot cruise ship into a 950-foot parking space. And one that, depending on how they execute it, could leave a trail of financial …
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