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Monthly Archives: September 2014

The Fed gives a gift to American corporations

Tuesday, September 9, 2014

This is a bit of a mashup from some recent posts from the ever valuable Wall Street on Parade blog. Today's Fed may be more consumer friendly than it has been in the past 30 years, but that's apparently not saying much. The Fed has announced rules requiring the big banks to hold liquid assets, […]

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Charity begins at home, and stays there

Saturday, September 6, 2014

The rich certainly are different than you and me. When they give money to charity, they have the option of having their cake and eating it too.  I stumbled on this article at the New York Review of Books (most of it is behind a paywall, I subscribe so could read the whole thing). It’s be Lewis […]

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Doomed to repeat?

Thursday, September 4, 2014

The New York Times reported yesterday morning that the latest beheading of an American journalist “raised the pressure on the president to order military strikes on the group in its sanctuary in Syria.” The Boston Globe had an article that made a similar point. I've criticized Obama quite often, but on foreign policy he has […]

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The Supreme Court: Always entitled to its own opinion, not entitled to its own facts

Tuesday, September 2, 2014

I follow what the Supreme Court is doing, but I don't read their decisions, unless I must for some work related reason. My blood pressure is in a very good range, but why take chances. Even if I did read their decisions, I'm not sure I would have caught on to this. A little background. […]

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Woodstock Fair

Monday, September 1, 2014

My wife and I went to the Woodstock Fair this morning. Among other activities, we watched some of the sheep and cattle judging, but it occurred to me that there really ought to be a competition to judge among the Italian Sausages on offer. I am not exaggerating when I say that there were at […]

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Both sides always do it

Monday, September 1, 2014

A great example of the “both sides are at fault” meme in today's Boston Globe. The facts are really quite simple. Republicans have pulled out all the stops to obstruct Obama's diplomatic appointments. It matters not whether any particular nominee arouses their wrath; they will oppose anyone. Those are the facts on the ground, and […]

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