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  • Ho-hum, Another Fed Rate Cut

    The Federal Reserve Open Market Committee (FOMC) did its best to steer the economy out of trouble by “help[ing] to promote moderate growth over time and to mitigate the risks to economic activity” by shaving another 50 basis points off the federal funds rate. The FOMC agreed , by a 9-1 margin, to the...
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  • The Economy and Presidential Politics

    The economy continues to be the top priority of voters, according to the Washington Post . But it shouldn't guide who you cast your presidential vote for, says Newsweek / WaPo columnist Bob Samuelson . In his most recent column, Samuelson shows once again why he's the best economic journalist...
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  • It’s Bernanke’s Story and…

    Another week has brought more fedspeak from Federal Reserve Chairman Ben Bernanke. This time, Mr. Bernanke testified to the Senate Banking Committee, commenting on the economic outlook, credit conditions and the central bank's options on monetary policy. The Chairman noted that conditions have deteriorated...
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  • "R.I.P."

    Tom Lantos' life story was extraordinary in many ways: Holocaust survivor, economist, and long-serving congressman who ended up being Chairman of the House Foreign Affairs Committee. Congress had a little more integrity with him around, and his death this past weekend was a major loss. It's also...
  • “P-4, But Little More”

    Washington may join negotiations on investment and financial services with the “P-4” group of Singapore, New Zealand, Chile and Brunei. We’re hardly opposed to this initiative, but a recent U.S. Chamber announcement went too far in expressing hope that these talks “will serve as a catalyst to open markets...
  • “It’s Confusing Being Green”

    Beware of color coding, which can inform but also inaccurately simplify. Take green, for example, which has come to be associated with the environmental movement, but over the years has also been linked to some differing concerns. Indeed, environmentalists questioning “green credentials” should realize...
  • Super Tuesday and the Challenges Ahead

    It's wonderful coincidence that Super Tuesday should arrive just as President Bush is unveiling his FY09 budget . After all, one of the candidates up for election in the 24 state primaries/caucuses will start the struggle with these complex and challenging issues in about a year's time. Naturally...
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  • With CPSC in Limbo – Consumers Need to be on Guard

    The Consumer Product Safety Commission (CPSC) has had a turbulent year. Unfortunately, it doesn’t seem to be getting any better. Last week CPSC lost its quorum…again. For those of you who may not intimately follow the cloak and dagger politics of the safety world, let me explain why all of this matters...
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