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 complains that Barack Obama is economically ignorant. I completely agree.

What if I told you that a prominent global political figure in recent months has proposed: abrogating key features of his government’s contracts with energy companies; unilaterally renegotiating his country’s international economic treaties; dramatically raising marginal tax rates on the “rich” to [...]

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 [...]