According to the Wall Street Journal today, the Fed thinks we’re in good shape.
Dennis Lockhart, president of the Fed Bank of Atlanta, said the Fed’s key rate, which stands at just 1.0%, could “in theory” go down to zero if problems persist, and said this could be considered.
Speaking during a question-and-answer session after a speech [...]

What is on everyone’s mind in corporate America? Money. Same thing that should be on your mind. If you have significant savings then you might be in good shape for the time being. Or your might not. Depends on whether the banking system collapses completely. While the chances are low, I think we may well [...]

As a legally naturalized citizen of these United States, and a trained disciple of the cult of big government, my first thought upon reading an article stating that the world would prefer a President Obama was why the hell should I care what choice the rest of the world would make if they got to [...]

People have always been afraid of things they don’t understand. They’ve made many dire predictions of doom and gloom. Thankfully, most of those turn out to be wrong. Hopefully that will be the case with the Large Hadron Collider.
When the Large Hadron Collider (LHC) begins smashing protons together this fall inside its 17-mile- (27-kilometer-) circumference [...]

Remember the movie Gattaca? We’re getting closer.
The gene AVPR1a codes for the arginine vasopressin receptor 1A which influences altruism, monogamy, and other behaviors. Genesis Biolabs wants you to test your prospective spouse for versions of AVPR1a to discover if he or she will be altruistic toward you. But what if a woman wants a man [...]