this is an adventure

“The Fed has emerged as one of Wall Street’s biggest customers during the financial crisis, buying massive amounts of securities to help stabilise the markets.” But unlike other players, the Fed has to announce these purchases in advance: “this strategy enables banks to sell these securities to the Fed at an inflated price.”

After burning through the initial outlay, the White House now needs their allies to save them from embarrassment: “Senate Democratic leaders said Sunday that they hoped to bring a $2 billion extension to the Senate floor this week as the program’s original $1 billion in funding runs low.” Pump-priming is always a sketchy tactic.

In relative terms, is American health care really that bad? “People in countries with more government control of health care are highly dissatisfied and believe reform is needed. More than 70 percent of German, Canadian, Australian, New Zealand, and British adults say their health system needs either ‘fundamental change’ or ‘complete rebuilding.’”

Many Republicans have been heard to complain recently, “Hey, what’s wrong with you conservative bloggers? How come you can’t just make stuff up the way those left-wingers do? You need to get with this 21st-century Web 2.0 thing, OK?” Yesterday, we discovered the problem: Conservative bloggers don’t have “sources” the way progressives do. Take for […]