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...step up monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate at 0.1%. Doubts, however, remain about what the boost to liquidity will actually achieve...
...Tuesday, Deputy Prime Minister Naoto Kan, who is also the national strategy chief, and Finance Minister Hirohisa Fujii, stressed the importance of quantitative easing to the Bank of Japan. In turn, the Bank agreed to cooperate by lending 10 trillion yen, in the form of short-term loans, to commercial banks at the rate of 0.1%, and to accept government bonds and corporate debt as collateral...
...that is why Hekmat Karzai sees the enthusiasm for talks less as a considered proposal for a long-term Afghan solution and more as a way for the U.S. and its allies to get out as soon as they can. "If we are going to initiate dialogue, it should not be so the West can immediately leave Afghanistan, saying, 'Look, now they have come together. They have developed a solution Afghans are happy with, so we can back off.' If you did that, this country would collapse back into chaos. We have to do this because we want to make...
Talking to the Taliban, on that view, will work only if it is accompanied by an extensive nation-building program, leading to a clean government that protects its people and gives them real opportunity. Pity that is precisely the long-term commitment to Afghanistan the U.S. is trying to avoid...
Palin's quote was apt, though, in that her weeklong media blitz seemed to be testing the waters for a new kind of public influence, one outside the politics-as-usual path of "holding office" and "governing" and "finishing your term." And if it meant going through the mainstream media--which Going Rogue calls "in many respects, worthless as a source of factual information anymore"--well, a rogue's gotta do what a rogue's gotta...