Topic: Ramesh Ponnuru
Using current methods, under current political restraints, government inflation is not feasible to any real extent. Barring a more clever scheme, the Fed lacks the power to generate the kind of extra monetary inflation some on the left have called for.
Ron Paul is onto something when he claims that the Federal Reserve's low interest policy has discourages savings and encouraged borrowing.
The Phoenix Suns players decided to wear their Spanish 'Los Suns' jerseys to tonight's Cinco de Mayo playoff game to protest the new Arizona immigration law. It's the latest example of America's often-contradictory views on illegal immigration and the Hispanic community.
05/05/2010 05:28 pm