If anyone wants my thoughts on this, and it’s probably worth what it’s costing you, here they are…
The Fed does NOT want to appear political. Not to say they aren’t political, but they do have to work with both parties in Congress, so they hate to change policy in the midst of an election cycle for fear of alienating one side of the aisle.
That said, if it means putting a [...]
I doubt anyone will settle the inflation-deflation debate any time soon, or at all, until it becomes a matter of the historical record. That’s not because it’s in any way unknowable or subject to that oft-cited cop-out: “too many variables.” It’s because the answers have political implications, and those make people with differing views resistant to arguments and data that contradict their views.
Selective blindness and amnesia are, alas, far [...]
JERUSALEM (CBSNewYork) – Chris Christie arrived in Israel on Monday, his first trip abroad as governor of New Jersey.
Christie said the visit is deeply personal, but it will also burnish his foreign policy credentials. It could even help him win re-election and help him enormously if he runs for president, CBS 2?s Marcia Kramer reports.
It’s hard to tell which picture of Gov. Christie in Israel is more compelling, the man placing both hands [...]
Techdirt reports that Senate bill 978 – a bill to amend the criminal penalty provision for criminal infringement of a copyright, and for other purposes – may be used to prosecute people for embedding YouTube videos.
According to Mark Masnick, if a website embeds a YouTube video that is determined to have infringed on copyright and more than 10 people view it on that website, the [...]
Human development is a process that is affected by nearly everything that we experience, from conception to our final moments. Many of these experiences injure our minds, our bodies, or both, and many others help us survive and thrive. William Deresiewicz, author, critic and former English teacher at Yale, tells a story from his own life that shows how the wrong kind of education can injure our minds.
When he was 35, and a [...]
by Llewellyn King of OilPrice.com
Who, How and Why: $140 Oil and $5 Gas
According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the “end of days.”Â On or about that same date, the price of oil in the United States will begin to climb to $4 a gallon, according to two savants of the oil industry.
The former is highly unlikely but the latter is very [...]
First 6 months of 2010, Americans will continue to live in the ‘unreality’Ã¢â‚¬Â¦the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications Ã¢â‚¬Â¦(source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of [...]