Feb 15 2013
Chubby is better! I came back from a great holiday visit with my grandchildren to a pile of depressing newspapers. A “deal” was reached only temporarily avoiding the fiscal cliff. Legislation providing aid to the many victims of Sandy in our region was postponed. However, there was also an article claiming that mortality rates actually [...]
Oct 24 2012
Years ago, I was driving through New Hampshire admiring the fall foliage. By the roadside was a big hand-written sign nailed to an old barn. The sign read, “Don’t vote! It only encourages them.” I wonder what that sign painter is saying now? I also wonder what some of the “experts” are predicting about the [...]
Jan 26 2012
I haven’t the slightest idea what will happen if Ben Bernanke sees his shadow on February 2. However, the Federal Reserve Chairman did shed some additional light on the future of monetary policy on January 25. At their two-day meeting, the Federal Open Market Committee (FOMC) decided to leave the fed funds rate at [...]