The government safety net was created to keep Americans from abject poverty, but the poorest households no longer receive a majority of government benefits.
Connect the dots:
Many Americans (and politicians who the polls) don’t want a mosque at Manhattan’s Ground Zero.
An increasing percent believe the President is a Muslim.
Most Americans approve of Arizona’s new law allowing police to stop anyone who looks Hispanic and demand proof of…
Another city bike brand. Seems like a fast growing segment. Love it.
“…within a three-block radius of the area called Ground Zero there are at least two strip clubs, plus a number of bars (one popular with lesbians). This morning through googling I found a lingerie and porn video shop about two blocks south of Ground Zero that a reviewer calls “grimy” and “sleazy.” Those establishments have existed in close proximity to Ground Zero lo these many years, and no one seemed to care. “
“The reason this became a national controversy is because Republicans see a political advantage in harnessing anti-Muslim sentiment, particularly if that forces Democrats to defend an unpopular minority group. Rauf and Khan are merely collateral damage in a larger political battle in which the rights of Muslims are forfeit as long as Republicans see some political interest in curtailing them or forcing their opponents to defend them.”
It seems like we’ve been talking about this for months. Something has got to give & the Fed has got to do more. We cannot afford to let ideologies and politics influence our monetary policy. Go ask Greenspan how his Ayn Rand devotion served him as Fed Chief? What is different now is that Bernanke himself knows better (whereas Greenspan did not) but lacks the courage or the will to face detractors (again, as Greenspan was never afraid to do).
“Let me say that again, the platforms are getting in the way of our ability to connect with each other.”
"Most of the increase in deportations has been concentrated in one category of aliens: those who have committed crimes other than being in the United States illegally."
— Who Says the Administration Isn’t Tough on Undocumented Immigrants? - Economix Blog - NYTimes.com
"
But Mr. Meyer, the former Fed govenor, said the committee should take into account not just the probability of various outcomes, but the potential damage associated with each of them.
“Because the cost of a slowdown in growth is so dramatic relative to that of higher inflation, they should follow the risk-management strategy that Greenspan espoused during the last deflation scare,” he said.
During that period, in 2002-3, the Fed kept interest rates low, as the economy recovered from the 2001 recession, to guard against deflation. Those fears did not come to pass. But some now say the Fed kept rates too low for too long, feeding the housing bubble.
“It is by no means a slam dunk,” Mr. Meyer said of the Fed’s decision.
"— Fed to Meet, With Concerns on Deflation Rising - NYTimes.com
