Recent Blog Posts
-
SBA Runs Out of Gas
Nov 23 20094:17 pm EDT -
The Bill That Wouldn’t Die
Nov 21 20099:30 pm EDT -
Republicans Talk Turkey on Health Care
Nov 20 20093:54 pm EDT -
Contracts Stolen From Veterans
Nov 19 20093:57 pm EDT -
Main Street's Credit Crunch
Nov 18 20095:41 pm EDT -
Criminalizing Failure
Nov 17 20095:55 pm EDT -
Casablanca on the Potomac
Nov 16 20095:22 pm EDT -
So Big It Will Fail?
Nov 10 20093:02 pm EDT -
Health Care’s ‘Wild West’
Nov 09 20093:57 pm EDT -
Obama's Secret Jobs Plan
Nov 06 20093:13 pm EDT
Links
- Tapped: The American Prospect

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- The Daily Dish

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- Atrios

- Daily Kos

- Real Clear Politics

- The Political Animal

- Power Line

- Instapundit

- Matthew Yglesias

- Drudge Report

- Talking Points Memo

- Huffington Post

- Red State.org

Thanks, Uncle Ben
Readers of this blog know that I've been obsessed with getting rates lower, even before the subprime crisis because I think inflationary pressures are still low. Unlike a lot of critics, I don't think Alan Greenspan's mistake was in lowering rates but was in failing to regulate unscrupulous lending practices. (Other regulators share the burden, too.) Despite the market rally today, I worry the cut won't stem the tide around the globe. But it's at least a start. I actually thought they might go higher than half a point, just to show how serious they were about a big cut and their willingness to react to a crisis that they were late in recognizing.






