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Read the original: Will Republicans Please Put Up Or Shut Up? (I Expect Neither)
I received several emails regarding my post on Risk-Free Banking and Fractional Reserve Lending that I would like to share.
Read More: May Be a "Grand Coalition" Nightmare After All
Read more here: Is Risk-Free Banking Possible? What About Fractional Reserve Lending? 30-Year Mortgages?
For the alleged reason of efficiency, Target to hire fewer seasonal holiday workers . Target (TGT) plans to hire about 70,000 seasonal workers for the holiday shopping season, down about 20 percent from a year ago. The discounter is aiming to be more efficient in its hiring practices.
Read More: Scranton, Pennsylvania Careens Towards Bankruptcy; Real Whiff of Union Priorities; Reflections on Municipal Bonds
Some people think the Fed’s actions are purposeful, but in a favorable sense. For example, please consider Bernanke Buys Time for Brazil to India as Rupee Leads Rally The Federal Reserve’s surprise decision to refrain from scaling back monetary stimulus provided a respite to investors in emerging markets, where currencies are in the midst of their worst rout in two years.“It gives everyone some breathing time,†Denise Simon, an emerging-market fixed income manager at Lazard Asset Management, which oversees $147 billion, said by phone from New York. “It certainly takes some of the immediate pressure off the more vulnerable countries