THURSDAY, MARCH 8, 2012 ECONOMICS: ‘Sterilized’ Bond Buying an Option in Fed Arsenal http://online.wsj.com/article/SB10001424052970204276304577265803925182234.html Federal Reserve officials are considering a new type of bond-buying program designed to subdue worries about future inflation if they decide to take new steps to boost the economy in the months ahead. Under the new approach, the Fed would … Continue reading
Yearly Archives: 2012
Kirk and trade: agenda has #biwinning potential
U.S. Trade Representative Ron Kirk appeared before lawmakers today to discuss a loaded trade agenda. Hoping to build on recently passed, very long overdue free-trade agreements with Colombia, Panama, and South Korea, Kirk discussed implementation of those agreements and continued efforts to increase exports and create jobs. Senators questioned Kirk on a range of trade … Continue reading
Dear Romney campaign: it’s not over yet
According to various news outlets, Mitt Romney’s campaign is quite confident that Romney will be the eventual GOP nominee. However, if I were in their position I am not sure I would be quite so optimistic. While Romney does have a sizeable advantage at the moment, he has not yet won the nomination. Let us … Continue reading
Candidates and Responsibilities
On March 6, President Barack Obama criticized the Republican presidential candidates for their recent statements about Iran’s nuclear program: Now, what’s said on the campaign trail — those folks don’t have a lot of responsibilities. They’re not Commander-in-Chief. And when I see the casualness with which some of these folks talk about war, I’m reminded … Continue reading
Memo to the Grand Ole Party: Wake Up and Smell the Cafe con Leche
With the recent announcement of Arizona Gov. Jan Brewer’s endorsement of Republican presidential hopeful Mitt Romney, things are about to get really interesting concerning the GOP’s relationship with America’s fastest growing demographic group (i.e. Hispanics). As a darling of the tea-party, Gov. Jan Brewer’s latest political move is clearly meant to shore up and consolidate Gov. … Continue reading
Lexicon: What Liberals (Conservatives) Mean When They Say…
When I go back to New York City, sometimes, I feel like I’m living in a twilight zone. Or perhaps George Orwell’s world in 1984, where words can be deemed to mean the exact opposite of what people mean when they say them. If not the exact opposite, then just something far different. In New … Continue reading
At the Fulcrum of Change
At the Fulcrum of Change Last week Republican Presidential candidate Rick Santorum came under fire for comments he made about higher education in the United States. “President Obama once said he wants everybody in America to go to college. What a snob.”[1] In the heat of a campaign, his comments unfortunately were entirely of a … Continue reading
Economic Daily Outlook
WEDNESDAY, MARCH 7, 2012 ECONOMICS: Young Adults See Their Pay Decline http://online.wsj.com/article/SB10001424052970204276304577265510046126438.html Young people entering the job market are taking the brunt of the downward pressure on wages caused by high unemployment, according to a new analysis of pay trends. In data compiled for a coming report, the Economic Policy Institute, a center-left think … Continue reading
IPAB is a Sinking Ship
You know legislation is bad when both Democrats and Republicans are trying to find a way to repeal it. On Tuesday the House Ways and Means Health Subcommittee convened for a hearing to examine how the Independent Payment Advisory Board (IPAB) would affect Medicare, beneficiaries, and physicians. The legislation of interest is Section 3403 and … Continue reading
Hispanics have spoken. How will the GOP respond?
On Monday, under the direction of Latin Insights, Fox News Latino conducted a poll that showed that President Barack Obama has begun to gain more support among Hispanic voters. The poll demonstrated that Obama was favored six-to-one over any of the GOP presidential hopefuls. As the election nears, the GOP and its candidates should be … Continue reading
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