Monthly Archives: August 2011

Weather or Not

Headline – Hurricane Irene hits the East Coast of U.S. No reason to get excited, hurricanes happen and the hype is often worse than the event. If this were the only weather-related headline we could go back into hibernation as … Continue reading

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The Fed Strikes (out) Again!

The August 10, 2011 news headlines boldly announced – the Federal Reserve Bank (Fed) guaranteed super-low interest rates for two more years. What beliefs underlie such an historic declaration and what are the likely consequences?

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People Power

A recent article proclaimed:  “President Barack Obama appeals directly to the public in hopes of influencing a deficit reduction deal.” That was a step in the right direction as Congress was largely dysfunctional during the debt ceiling negotiations. Therefore, it made perfect … Continue reading

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Politics as Usual

Hallelujah, the debt ceiling’s been raised; the U.S. won’t default! It’s time to celebrate; well maybe not so fast. The hard part remains in front of us. First, a second round of spending cuts has to be negotiated – by … Continue reading

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