Word: feds
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...think people are fed up," he says. "They want to be more in charge. Throughout the world there's a growing suspicion of non-natural things and a growing belief that Western medicine doesn't have all the answers. Perhaps I speak to that belief...
...YORK CITY: Industry analysts and journalists alike came up with very different interpretations of Alan Greenspan's Thursday speech on the state of the economy. "Greenspan Hints Fed Will Let Rates Stand" was the headline in Friday's Washington Post, while USA Today preferred "Greenspan Hints at New Rate Increase." The New York Times went with a literal "Greenspan Defends Fed's Rate Policy." Meanwhile, bond traders hit the phones with sell orders, betting that a May 20th rise in interest rates was in the cards. Friday, by the time stock markets opened, investors were following the Post's view...
...YORK: Markets soared on a lower-than-expected rise in labor costs. The Labor Department report of a modest 0.6 percent rise in wages and benefits convinced investors that the Fed won't tighten interest rates at its next meeting three weeks from now, says TIME's Wall Street columnist Daniel Kadlec. "It's hard to remember the last time the markets reacted so eagerly to this report." Indeed, now that the Dow has almost completely erased the sobering slide that began March 11, the rest of the market seemed today to have to caught a euphoria that Kadlec called...
...quarters of the Capitol the question is not if Gingrich will fall but when. "This is the night of long knives," says a Republican House member. In the pages of the Weekly Standard, the G.O.P. tip sheet, Representative Pete King, a fed-up New York Republican, calls Gingrich "the most powerful liberal in American politics." He doesn't mean that as a compliment. Once loyal House members have spent the winter complaining that the leadership has no strategy, little vision and few principles anymore. Senior members, including some of Gingrich's princes, like Dick Armey and Bill Paxon, have been...
...right to live and be fed human rights or animal rights?" he asked the audience...