Word: stilles
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...still have two more days to get rid of old keys while saving the planet and helping the homeless at the same time...
...seems to be over, hawks are badgering him to start tightening the money supply to avoid inflation and an overheated economy. Bernanke's response is simple: What inflation? There's little evidence in the data, and even a cursory review of the morning papers suggests that the economy is still underheated. Bernanke repeatedly stressed that the big problem today is high unemployment, that places like Dillon are suffering, that persistent joblessness can create ripple effects that damage families, communities and the nation for generations...
Read "Why Ben Bernanke Is Still Right...
...Still, doves want to know why he isn't providing even more gas. Part of the answer is that he doesn't seem to think that pouring more cash into the banking system would generate many jobs, because liquidity is not the current problem. Banks already have reserves; they just aren't using them to make loans and spur economic activity. Bernanke thinks injecting even more money would be like pushing on a string...
...elections were called early by Rajapaksa, who is seeking to validate his victory against the LTTE. Instead, many voters are taking the opportunity to send him a message that they are still suffering economically. Karu de Silva, a resident of Colombo and father of two, says he plans to vote for Fonseka because he feels that Rajapaksa's government has not given families any relief from rising prices. "This year I spent probably twice as much as I spent last year on the books for the new school year," de Silva says. "We need some kind of help...