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 [...]

The Wall Street Journal recently opined that For Most People, College is a Waste of Time. Actually, Charles Murray did the pontificating, under the Journal’s masthead. I digress.
Here’s a nutshell:

Outside a handful of majors — engineering and some of the sciences — a bachelor’s degree tells an employer nothing except that the applicant has a [...]

Today, Mikheil Saakashvili has an editorial in the Wall Street Journal wherein he expounds on the reasons the West should intervene in the conflict.

On Friday, hundreds of Russian tanks crossed into Georgian territory, and Russian air force jets bombed Georgian airports, bases, ports and public markets. Many are dead, many more wounded. This invasion, which [...]

My iPod classic is one of the technology tools that enriches my life the most. I have thousands and thousands of dollars worth of gadgets but the iPod gets the most use. It’s my traveling companion. It reads my audiobooks on my long commute. It plays my Free Talk Live and Dan Carlin. By the [...]

The Wall Street Journal reports that someone in government has a plan. Unfortunately, that plan is, as usual, to steal more money from the productive among current and future generations so the unproductive can continue to live in their big, comfy houses which they really cannot afford.
Treasury Secretary Henry Paulson is asking lawmakers for unprecedented [...]