Debate Over Fed’s Exit Strategy Continues: Bernanke vs. Dudley vs. Yellen
May 20, 2014 0

Debate Over Fed’s Exit Strategy Continues: Bernanke vs. Dudley vs. Yellen

By News Desk

Today, the Financial Times reports NY Fed President Floats Change to Exit Strategy One of the US Federal Reserve’s most influential officials has called for a change to its exit strategy from easy monetary policy. William Dudley, president of the New York Fed, said the central bank should keep reinvesting in its mortgage portfolio until after it raises interest rates. The current exit strategy calls for stopping reinvestment before rates go up.

Thailand: Military Move is Not a Coup
May 20, 2014 0

Thailand: Military Move is Not a Coup

By News Desk

An M79 grenade attack and gunfire on Bangkok’s Democracy Monument on May 15  that killed 3 and left dozens more injured .   The regime has promised violence, carried it out, and has been caught with the implements of its deadly terrorist campaign in the hands of its own supporters and politicians

May 19, 2014 0

Interesting Readings

By News Desk

Tweet For the bunnies pleasure: The Christian Science Monitor on Farmer’s Insurance suing a number of midwestern towns for not preparing for climate change leading to insurance losses from flooding. Paul Krugman Friday on the Point of No Return , which, with respect to the West Antarctic Ice Sheet many have already been passed. The comments at the Times and elsewhere, have already moved to the fifth stage of denial, there is nothing we can do, so why bother doing anything.  Big error, there may be little or nothing that can be done about that particular ice sheet collapsing, but there is more out there, and continuing on today’s course will lead to us passing more and more nasty points of no return.Â