Why Bernanke's Quantative Easing, Loathsome to Many, Actually Boosts the Stock Market
From YCharts, by Dee Gill
The Federal Reserve wasn't supposed to be the sole determiner of policies to end economic recession, but an impotent Congress pretty much ceded the job. With Congress barely able to order lunch without inciting gridlock, Fed Chairman Ben Bernanke has played an outsized role in deciding how to create jobs and growth in an economy with too little of either. And while many on Wall Street despise the bold and unconventional steps he's taken to right the ship, there are reasons that anyone who invests in stocks should be sorry to see him go.
Boats to a Faster Crowd
From The New York Times, by Dee Gill
Almost since its introduction more than a
century ago, the electric pleasure boat has been known as the
golf cart of the sea, loved mainly by the oldest of the
retiree set. With an old-fashioned canvas canopy and a top
speed of about eight miles per hour, it is a notoriously unhip
craft, holding little appeal among the sail-and-power crowd
that has made recreational boating an $11 billion-a-year
industry. But a two-year-old company owned by Learjet heiress
Sanda Lear-Baylor. . .
Mississippi Politics: . . . and the dog you came
Economist magazine, by Dee Gill
well known in Mississippi that the governor, Kirk Fordice, has
a penchant for offensive bombast. This is the man who
routinely calls the state attorney-general “Flashbulb” because
of his media popularity, and who refers to the killing of
inmates on death row as “reducing the inventory.” As for the
media, that bastion of lying leftists has inspired numerous
tirades from the governor over the past eight years. . .