Daily Archives: July 30, 2009
“I think we will probably have to begin raising rates sometime in the not-too-distant future”
“I think we will probably have to begin raising rates sometime in the not-too-distant future,” Federal Reserve Bank of Philadelphia President Charles Plosser told Dow Jones Newswires and the Wall Street Journal in an interview. And listen to what Richard … Continue reading
A Primer On Cap and Trade
Skeptics point out the inherent bias of a government-funded mission to identify human-induced climate change. If you don’t find it, does your funding go away? Government funding, political agendas and computer models make for a dangerous concoction; just ask Fannie … Continue reading
Why private equity is in a deep freeze
NEW YORK (Fortune) — If the credit markets have been an iceberg over the past year, the private equity business has been frozen as solid as a prehistoric glacier. Buyout giants like KKR, Blackstone, and Bain Capital — who just … Continue reading
Follow the money
Follow the money: The E.U. has agreed to begin talks with the United States on a pact to share counterterror info on European citizens’ bank transactions, but past CIA covert activities render some wary, The Irish Times tells — while … Continue reading
The Climate of Fear
Fear itself: “Swine flu is not the only thing we are neurotic wrecks about. Over at the Home Office, ministers warn about the likelihood of an al Qaeda terrorist attack,” says a Daily Mail op-ed on “today’s culture of fear.” … Continue reading
