A Message From Lucianne  







S-G1




























ST-GC


   
 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


The Danger of Too
Loose, Too Long

Wall Street Journal, by Richard W. Fisher

Original Article

Posted By:garnet, 7/28/2014 9:45:21 AM

I have grown increasingly concerned about the risks posed by current monetary policy. First, we are experiencing financial excess that is of our own making. There is a lot of talk about "macroprudential supervision" as a way to prevent financial excess from creating financial instability. But macroprudential supervision is something of a Maginot Line: It can be circumvented. Relying upon it to prevent financial instability provides an artificial sense of confidence. Second, I believe we are at risk of doing what the Fed has too often done: overstaying our welcome by staying too loose, too long. We did a good job in

      


Post Reply  

Reply 1 - Posted by: SpeedMaster, 7/28/2014 9:51:43 AM     (No. 9942933)

Link around the pay wall.
http://online.wsj.com/articles/richard-fisher-the-danger-of-too-loose-too-long-1406499266

  Click Here if you Like this Comment

    6 persons like this.


Reply 2 - Posted by: SpeedMaster, 7/28/2014 9:59:05 AM     (No. 9942946)

I do not agree with many statements in this article, especially Mr. Fisher´s last paragraph that the fed must appear non-partisan. The fed IS PARTISAN and will tighten money when we have a Republican President.

  Click Here if you Like this Comment

    6 persons like this.


   

 

R-G1
  


 
Reply 3 - Posted by: Halfvast Conspirator, 7/28/2014 10:20:50 AM     (No. 9942980)

They are loosers

  Click Here if you Like this Comment

    6 persons like this.


Reply 4 - Posted by: Knotwyrkin, 7/28/2014 10:29:09 AM     (No. 9942999)

Even with the provided link cannot get around firewall.

  Click Here if you Like this Comment

    6 persons like this.


Reply 5 - Posted by: shamus, 7/28/2014 10:33:15 AM     (No. 9943012)

I have this problem after eating a lot of beans.

  Click Here if you Like this Comment

    7 persons like this.


Reply 6 - Posted by: No Representation in CA, 7/28/2014 10:40:17 AM     (No. 9943022)

I thought they were referring to my cargo pants.

  Click Here if you Like this Comment

    7 persons like this.


Reply 7 - Posted by: Safari Man, 7/28/2014 11:45:45 AM     (No. 9943116)

I can´t get around paywall either. But let´s just say, the Fed is stealing your savings. The biggest stealth tax ever. And they are forcing people to assume riskier asset positions, which also have higher tax consequences, assuming everything goes well. Soon enough, it will not go well when the bubble pops.

Heroine addicts feel really good immediately after their final, lethal overdose.


  Click Here if you Like this Comment

    7 persons like this.


   

 

R-VAR_AD
  


 

Post Reply   Close thread 794497




Below, you will find ...

Most Recent Articles posted by "garnet"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "garnet"



ISIS, ISIL, NATO, And Obama
American Spectator, by Jed Babbin    Original Article
Posted By: garnet- 9/8/2014 9:12:20 AM     Post Reply
When President Obama sits down with congressional leaders this week to talk about fighting the Islamic State of Iraq and Syria — “ISIS” — they’ll probably not agree on anything, not even the proper name of the terrorist organization that now controls about one-third of Iraq and a larger part of Syria. The president insists on calling it “ISIL”, for “Islamic State of Iraq and the Levant.” The “Levant” — an archaic term — refers to the area off the Eastern Mediterranean Sea stretching from what is now Anatolia in Turkey, through Syria, Lebanon, Jordan, Israel and Egypt. By insisting on

Could Jim Webb Mount
Credible Challenge to Clinton?
Bloomberg, by Albert R. Hunt    Original Article
Posted By: garnet- 9/8/2014 9:03:46 AM     Post Reply
Jim Webb could be Hillary Clinton´s worst nightmare. The former one-term Virginia senator and Vietnam War veteran is making sounds about running for president as a Democrat. He was in Iowa last month; a New Hampshire trip may be in the offing, and he´s giving a major speech at the National Press Club in two weeks. He seems an improbable candidate. He has taken illiberal positions, was President Ronald Reagan´s Navy secretary, has few relationships within the Democratic Party, and has no serious fundraising network. What he does possess is a long-held and forceful opposition to U.S. interventions in Iraq and Libya,

Facing Dem attacks, could new GOP
strategy end birth control wars?
Washington Examiner, by Byron York    Original Article
Posted By: garnet- 9/8/2014 8:59:40 AM     Post Reply
Remember the 2012 Republican presidential debate in which ABC´s George Stephanopoulos, seemingly out of nowhere, pressed Mitt Romney repeatedly for his views on contraception? After a contentious back-and-forth, a frustrated Romney declared, "Contraception, it´s working just fine, just leave it alone." In the 2014 midterms, Democratic candidates have taken up where Stephanopoulos left off, and they´re certainly not leaving contraception alone. In some key Senate races, Democrats have even charged that Republicans would "make birth control illegal." (That´s from Colorado Democratic Sen. Mark Udall, directed at GOP opponent Rep. Cory Gardner.) But now, instead of Romney´s

A Lame Civil Rights Record
Politico, by Michael Selmi    Original Article
Posted By: garnet- 9/8/2014 8:56:28 AM     Post Reply
Civil rights leaders and community activists cheered when Attorney General Eric H. Holder Jr. announced on Thursday that the Justice Department would be investigating the Ferguson Police Department for possible civil rights violations—a move prompted by the August 9 shooting death of an African-American teen at the hands of one of the St. Louis suburb’s white police officers. The reaction is understandable. The Justice Department’s civil rights division—which is investigating whether Ferguson’s police force engaged in a pattern and practice of abuses—has for decades been instrumental in pursuing justice in matters and places where local action would have been unlikely.

   

 

B-G1


 
State Department´s wrestling match
with Bill O´Reilly
CNN, by S.E. Cupp    Original Article
Posted By: garnet- 9/7/2014 12:37:45 PM     Post Reply
It´s back to school for most Americans, but for the kids over at State Department High School, it seems more like a permanent summer vacation. The world is unraveling. This summer has seen gruesome beheadings, a passenger plane shot out of the sky, civil war, genocide, an Ebola outbreak and more. And as the White House whiffs impotently at solutions to problems it has underestimated (and in some cases helped to create), the department charged with implementing our foreign policy is in a Twitter war with a cable news host. Seriously. Spokeswoman Marie Harf took to Twitter on Thursday to defend her

Let Me Get This Straight
American Spectator, by Ben Stein    Original Article
Posted By: garnet- 9/7/2014 12:34:19 PM     Post Reply
Labor Day This was an educational summer. We learned this summer that when terrorists kill Jews, that’s legitimate anger and frustration. When Jews defend themselves, that’s genocide. We learned that Europe, which Henry Ford called “that slaughterhouse of nations” or something similar, is still chock a block with anti-Semites who are wildly happy to join hands with the emerging Muslim majority in Europe to torture the Jews. We learned that the elite media, especially the New York Times, will turn on Israel and the Jews and seek to curry favor with the enemies of Jews and of America in any way they can.

We still don´t know why Lois Lerner´s
Blackberry was wiped clean
Washington Examiner, by T. Becket Adams    Original Article
Posted By: garnet- 9/7/2014 12:12:15 PM     Post Reply
As lawmakers return to Washington to continue the search for thousands of missing subpoenaed emails related to the Internal Revenue Service´s alleged targeting of conservative groups, questions abound. Among the most pressing is the fact that a Blackberry belonging to Lois Lerner, a former official at the center of the scandal, was wiped clean shortly after investigators started asking questions about her alleged role in the targeting of conservative groups applying for tax-exempt status. Despite the fact that this revelation first came to light in August, the IRS has yet explain why this was done. Considering her former role as chief of

World-Weary
New Yorker, by David Remnick    Original Article
Posted By: garnet- 9/7/2014 12:05:24 PM     Post Reply
Even the most forgiving judge of Barack Obama, one willing to overlook his preference for chipping onto the sunlit greens of Martha’s Vineyard rather than brooding in the fluorescent glare of the Situation Room, must admit that the President has sometimes been a thick-tongued steward of his own foreign policy. How did the author of “A More Perfect Union” become the author of “The world has always been messy”? Obama, who prides himself on late-night preparation, unshakable rationality, and a writerly ear, is compiling an anthology of botched pronouncements that have, at best, muddied his intentions.

On ISIS, neocons and liberal
hawks have a ´boy who
cried wolf´ problem
The Week, by W. James Antle lll    Original Article
Posted By: garnet- 9/7/2014 12:00:30 PM     Post Reply
If you´re wondering why America´s political leaders seem so hesitant to devise a response to the frightening rise of the Islamic State of Iraq and Syria, let me tell you a story. It´s about the neocons and liberal hawks who cried wolf. Once upon a time, some foreign-policy hands warned that unless the United States invaded Iraq, Islamic radicals — the kind who murdered thousands of Americans on 9/11 — would obtain weapons of mass destruction. During the hunt for Osama bin Laden, they warned against losing sight of the danger of a possibly nuclear-armed Iraq. "[T]he larger campaign must also go

   

 

R_DBL_B
  


 
A Bold and Optimistic GOP
Can Create a Wave Election
Creators Syndicate, by Larry Kudlow    Original Article
Posted By: garnet- 9/6/2014 11:12:41 AM     Post Reply
If the Republican Party adopts a clear, optimistic, growth-and-reform message to turn America around, it can win big in November. It could still be a wave election. But so far it hasn´t done it. The party is essentially asking voters to give it control of both houses of Congress. Yet it hasn´t told voters what it would do with such a mandate. That´s why the GOP must present a true governing agenda. You can´t ask for two-house support without telling voters what you´re going to do with it. Right now, according to polling averages from RealClearPolitics, there are 10 key midterm Senate races

Voters blame Obama for
country being off-track
Washington Post, by Ed Rogers    Original Article
Posted By: garnet- 9/6/2014 11:08:12 AM     Post Reply
This week we took a look at the Democrats’ campaign plan for the fall and how the economy is not working in the Democrats’ favor. Well, let’s round out the week by examining another macro trend that will shape the 2014 campaign. The right direction/wrong track question is a staple in U.S. political polling.According to the latest George Washington University Battleground poll, 70 percent of voters think that things in the United States have gotten off on the wrong track and that the country is headed in the wrong direction. It stands to reason that as a result, many Americans will vote against the Democrats.

The Trouble With Harvard
New Republic, by Steven Pinker    Original Article
Posted By: garnet- 9/5/2014 9:21:38 AM     Post Reply
The most-read article in the history of this magazine is not about war, politics, or great works of art. It’s about the admissions policies of a handful of elite universities, most prominently my employer, Harvard, which is figuratively and literally immolated on the cover. It’s not surprising that William Deresiewicz’s “Don’t Send Your Kid to the Ivy League” has touched a nerve. Admission to the Ivies is increasingly seen as the bottleneck to a pipeline that feeds a trickle of young adults into the remaining lucrative sectors of our financialized, winner-take-all economy. And their capricious and opaque criteria have set



Most Active Articles (last 48 hours)



Psaki Makes Me Psick
51 replie(s)
Power Line, by Scott Johnson    Original Article
Posted By: StormCnter- 9/8/2014 5:36:26 AM     Post Reply
State Department spokesman Jen Psaki makes me psick. If you read P.G. Wodehouse, you know the “P” in her name is silent, as in “phthisis,” “psychic” and “ptarmigan” (as Wodehouse’s Psmith explains). And Psaki’s colleague Marie Harf makes me barf. Together Psaki and Harf give the catastrophic foreign policy of the Obama administration a lighter than air, Valley Girl kind of feel. It’s a novel use of expressive form. Paul Mirengoff explores their weightlessness in the adjacent post. As Paul recounts, Harf came to the defense of Psaki when Bill O’Reilly had the temerity to utter pslightly pscathing words about Psaki

President dines with foreign
policy experts

46 replie(s)
The Hill, by Justin Sink    Original Article
Posted By: PageTurner- 9/9/2014 1:01:38 AM     Post Reply
Less than 48 hours ahead of a planned address to the nation on how the U.S. plans to combat Islamic State terrorists operating in Iraq and Syria, President Obama dined at the White House Monday with a slate of foreign policy experts. Obama, Vice President Joe Biden, and Secretary of State John Kerry were joined by some of Washington’s most established foreign policy hands, including Clinton National Security Adviser Sandy Berger and Zbigniew Brzezinski, who held the same position during the Carter administration. Former Obama national security adviser Tom Donilon was also at the dinner, as was former Undersecretary for Defense Policy

   

 



 
Three New Suspects in Kroger Beatings,
Incident Will Not Be Investigated
As Hate Crime

39 replie(s)
Memphis Flyer (TN), by Toby Sells    Original Article
Posted By: Scottyboy- 9/8/2014 5:19:48 PM     Post Reply
The beatings of three people in a Kroger parking lot Saturday night will not be investigated as a hate crime, according to police officials. Memphis Police Department director Toney Armstrong said he’s had lots of calls asking how the investigation would proceed but said there is “not sufficient enough evidence to investigate this as a hate crime.” “I know this has a lot of racial undertones,” Armstrong said during a news conference Monday at Memphis City Hall. “I’ve gotten a lot of calls and I know (Memphis Mayor A C Wharton) has as well. We acknowledge that the majority of

America’s highest-paid female
CEO was born a man

34 replie(s)
New York Post, by Rebecca Harshbarger    Original Article
Posted By: mitzi- 9/8/2014 9:50:36 AM     Post Reply
Martine Rothblatt, 59 — who founded the $5 billion pharmaceutical firm United Therapeutics and also co-founded Sirius — had sex reassignment surgery in 1994. “I can’t claim that what I have achieved is equivalent to what a woman has achieved. For the first half of my life, I was male,” Rothblatt, who has four kids and is still married to her wife of more than 30 years, told New York Magazine. Rothblatt made $38 million last year as head of United Therapeutics, which she launched to create medicine for her daughter, who suffers from primary pulmonary hypertension. In addition to

Joan Rivers banned Adele,
Michelle Obama from funeral

33 replie(s)
WSYR-TV (Syracuse, NY), by Staff    Original Article
Posted By: Scottyboy- 9/8/2014 4:30:24 PM     Post Reply
Joan Rivers "banned" First Lady Michelle Obama, pop star Adele and talk show host Chelsea Handler from attending her funeral just weeks before her sudden death. The comedienne sent Hollywood into mourning when she died Thursday, days after suffering a cardiac arrest during a routine throat procedure. Her funeral was held in her New York on Sunday and attracted stars including Hugh Jackman, Whoopi Goldberg, Kelly Osbourne and Sarah Jessica Parker, and it has now emerged Rivers had previously drawn up a wish-list of famous faces who should stay away. In one of her final interviews, conducted just weeks before her death, she

Half of North American bird species
threatened by climate change

33 replie(s)
Los Angeles Times, by Louis Sahagun    Original Article
Posted By: Ribicon- 9/9/2014 11:06:51 AM     Post Reply
Half of all bird species in North America — including the bald eagle — are at risk of severe population decline by 2080 if the swift pace of global warming continues, the National Audubon Society concluded in a study released Monday. "The scale of the disruption we´re projecting is a real punch in the gut," said Gary Langham, chief Audubon scientist. (Snip) By 2080, the bald eagle, the national symbol of the United States, could see its habitat decrease by 75%, the report says. All of the habitat of the common loon, the state bird of Minnesota, could disappear in the lower 48

Panera Bread asks patrons not to
bring guns into its restaurants

32 replie(s)
New York Daily News, by Dan Friedman    Original Article
Posted By: Ribicon- 9/8/2014 2:48:08 PM     Post Reply
Washington — Panera Bread on Monday asked customers not to bring firearms into its restaurants, joining a growing list of retail and fast-food chains that have declared their establishments gun-free zones. The company said it wants to ensure that "customers and associates feel comfortable and welcome” in its restaurants. “We ask that guns not be brought into this environment unless carried by an authorized law enforcement officer," the eatery chain, which boosts 1,800 locations in the United States and Canada, said in a statement Monday. "Panera respects the rights of gun owners, but asks our customers to help preserve

Dem wears flip-flops to House floor
31 replie(s)
The Hill [Washington, DC], by Judy Kurtz &Cristina Marcos    Original Article
Posted By: KarenJ1- 9/9/2014 3:30:06 PM     Post Reply
SPOTTED: Rep. Sheila Jackson Lee sporting a pair of white flip-flops with her pearls while on the House floor on Monday. While the Texas Democrat was all business on top — wearing a red suit jacket with a black and white scarf and pearl necklace — she was ready to hit the beach on the bottom, with her toe-baring shoes. The House feed on C-SPAN did not capture the summer recess-worthy thongs. An ITK spy who observed the warm weather footwear noted that earlier on Monday, Jackson Lee delivered a one-minute speech behind a podium near the center of the

NYTimes Obit: Chick-fil-A
Founder a ´Symbol of Intolerance´

30 replie(s)
Newsbusters, by Ken Shepherd    Original Article
Posted By: JoniTx- 9/9/2014 6:03:20 PM     Post Reply
This morning, New York Times reporter Kim Severson spiced up her obituary for Chick-fil-A founder S. Truett Cathy by tagging him "a symbol of intolerance" who presided over a "restaurant chain [seen by some] as a symbol of hate." Here´s the relevant excerpt (emphasis mine): When he introduced himself, S. Truett Cathy often played down his job. “I cook chicken for a living,” he would say. And on the surface, that was true. Mr. Cathy, who died on Monday at 93, was by all appearances a humble Christian man from Georgia with little education who sold a simple sandwich: a

Jack Lew: Decision on executive
action on taxes ´in the very near future´

29 replie(s)
Washington Examiner (DC), by Joseph Lawler    Original Article
Posted By: JoniTx- 9/8/2014 1:50:48 PM     Post Reply
The Obama administration will make a decision on executive action to prevent corporations from leaving the country in the "very near future," Treasury Secretary Jack Lew said Monday morning. Speaking at an event on business taxes at the Urban Institute in Washington, Lew placed the responsibility on Congress to address so-called tax inversions, but said that the administration was prepared to step in if lawmakers don´t move quickly enough. Inversions are tax maneuvers in which corporations buy firms in low-tax countries in order to place their headquarters in that country. Such deals have grown in number in recent months, with

Megyn Kelly Takes On Ward
Churchill: How Can You Compare
9/11 Victims to Nazis?

29 replie(s)
Mediaite, by Josh Feldman    Original Article
Posted By: KarenJ1- 9/9/2014 9:43:49 AM     Post Reply
Megyn Kelly tonight brought viewers the first part of her contentious showdown with Professor Ward Churchill, best known for his controversial comments about the “little Eichmanns” who were in the World Trade Center when the planes hit on September 11th. Churchill came under intense scrutiny and was fired by the University of Colorado at Boulder. What concerned Kelly most in the first part of the interview was that “little Eichmanns” comment, the argument being that Eichmann played a role in horrible atrocities even though he didn’t directly carry out the Final Solution, which he views as similar to the financial

America is running out of jobs.
It´s time for a universal basic income

27 replie(s)
The Week, by Ryan Cooper    Original Article
Posted By: NorthernDog- 9/9/2014 2:37:58 PM     Post Reply
Free money for everyone! With weak job growth, rising poverty, and the rich continuing to devour nearly all economic growth, it´s an idea that is gaining more credence. Arguments for a universal basic income (UBI) — in which everyone without exception would receive an equal stipend — have flourished in policy-centric areas of the internet, including The Week. Advocates of UBI see it as a blunter, more effective means of reducing poverty and shrinking the inequality gap. But even if UBI proponents are right on the merits, Tyler Cowen argues that the politics of the issue are not favorable. Under

   

Post Reply   Close thread 794497





Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google



© 2014 Lucianne.com Media Inc.

FS