The Republicans are joining the Central Bank of China in criticizing [Fed Chairman] Ben Bernanke. This is really distressing to me. […] [complaints about currency manipulation from Chinese central bankers] is like being called silly by the Three Stooges.
And then to have Republican leaders in Congress [agree is] bizarre. The Republicans are arguing that the Fed should not even be concerned about unemployment.
Day: November 23, 2010
I want to help clean up the state that is so sorry today of journalism.
This is precisely the sort of thing that up with which she will not put.
The Authoritarian Media
Los Angeles Times: Shut up and be scanned
Boston Globe: The new “enhanced” patdown by airport screeners has sparked an unfortunate backlash among some fliers and privacy advocates
Springfield Republican: Let’s consider these searches the 21st-century equivalent of a WWII rationing card.
Spokane Spokesman-Review: TSA is on our side. […] [M]odest traveler inconvenience is a reasonable price to pay for a little added peace of mind.
The Wrath of the Bond Vigilantes
At first, the vigour with which Dublin wielded the spending axe won plaudits from bond markets. But the deflationary impact of the cuts has since seen the deficit widen.
Clearly the answer to this is simply deeper cuts. But only to services for the poor and unemployed. Couple that with a massive tax cut for the top 2% and you’ve got yourself a recipe for runaway growth…