Saturday October 25, 2014
September 25th, 2014
The latest meeting of the People Who Influence Everything from Auto Loans to 401(k) Plans - a.k.a. the Federal Reserve Board's Open Market Committee - has just concluded. The Fed confirmed Wednesday that, as expected, it will stop buying bonds with freshly printed money in October but did not say when, exactly, it will end its recession-fighting zero-interest-rate policy.
No wonder members of Congress are walking around with big smiles on their faces these days. They're used to being the most disgraced people in the country. But now there's one group that has an even worse reputation: the NFL.
This just in: Saving the planet would be cheap; it might even be free. But will anyone believe the good news?
We've seen this dreaded movie before. Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, appeared before a Senate committee this week and said that, under certain circumstances, he might recommend that President Barack Obama send U.S. ground forces to help fight the Islamic State, the terrorist group known as ISIS.
Mark Sanford's heralded engagement to Maria Belen Chapur is apparently over. The rep from South Carolina released the news to America through a Facebook post. That's how Chapur found out, too.
Gallantry has been in especially short supply this month. Prominent American men have been roughing up their women in spectacularly public ways -- ranging from coldly calculated mind games to a knockout punch.
The fight to increase Americans' stagnant incomes is, at long last, growing more serious. This week, with the explicit backing of the House Democratic Caucus, Maryland Rep. Chris Van Hollen, the ranking Democrat on the Budget Committee, is introducing a bill that would prompt corporations to reward workers - not just top executives and major shareholders - for their gains in productivity.
Retired NBA star Charles Barkley has exposed a hazardous culture clash in the Texas indictment of Minnesota Vikings running back Adrian Peterson for child abuse.
If parents are going to be sent to jail for giving their children a "whipping," then "every black parent in the South is going to be in jail."
Hillary Clinton is about as subtle as a jackhammer. The Hill reported on her weekend trip to Iowa:
"As the former secretary of State took the stage at retiring Sen. Tom Harkin's, D-Iowa, final steak fry, she told the crowd: 'Hello Iowa - I'm ba-ack!'
Maybe next time, they'll award the Nobel Peace Prize at the end of a politician's tenure rather than the beginning. There was always something mildly farcical about the Swedish committee recognizing President Obama's lofty rhetoric in advance of real achievements.
It's like awarding the Oscar before the movie's released.
President Barack Obama's rollout of a military campaign in Syria against the Islamic State gets messier by the day.
Obama's initial framing of the campaign, as a limited effort in partnership with allies, to degrade the Islamic State, made sense, and it was encouraging that Obama dampened expectations and clearly understood how much could go wrong.