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    Economics / deflation, Federal Reserve Board, inflation, monetary policy, quantitative easing, stimulus /

    QE2 Is Launched With a Whimper

    November 3, 2010

    Since I won’t have time to post tomorrow, I ought to squeeze in a comment about the Fed’s launch of QE2 today. They have announced a plan to buy up $600 billion of assets in an effort to provide the economy with enough cash to get something going. Not good enough. Particularly when we consider […]

    Politics / Obama /

    Obama’s Press Conference

    November 3, 2010

    That was an astonishingly bad press conference. He just doesn’t get it. The issue is not that our government is riven through with old fashioned, arcane, and anti-democratic processes. No one cares. The issue is jobs. Jobs. Jobs. How many times do we need to shout this out. He is tone deaf and ridiculous. Had […]

    Politics / Bush, Obama /

    More Aftermath

    November 3, 2010

    Amid the euphoria and hand wringing this morning, as we embrace our hung government I read that voters who were most angered by the destruction wrought by bankers and the false fix of the banking system leant heavily towards the Republicans. This I find interesting. It is a talisman for contemporary America. The Democrats were […]

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