Saturday October 10, 2015
March 26th, 2015
The smell of burned cloth, wood and plastic lingered in the silent ruins eight months after a mob torched the row of modest homes. Nothing had been removed. Leaders of the small Christian community in Gojra, a district near Lahore, Pakistan, had preserved what they could as a shrine to their victimhood. In one abandoned home, a charred birdcage still hung in the kitchen; in another, a blackened Bible lay open on a table.
The furor over Hillary Clinton's private email account has brought undesired attention to her pre-candidacy for president. It resurrects old questions not only about her penchant for privacy but also about her political skills and those of the chief advisers around her.
You may have heard that there's a movement afoot to kick Andrew Jackson off the $20 bill and replace him with a woman. Finally, we've got a current event that's not depressing.
By now it's a Republican Party tradition: Every year the party produces a budget that allegedly slashes deficits but which turns out to contain a trillion-dollar "magic asterisk" - a line that promises huge spending cuts and/or revenue increases, but without explaining where the money is supposed to come from.
Wednesday was a hard day for pro-Israel liberals.
Every central bank tries to steer expectations about monetary policy. If businesses and consumers expect the Federal Reserve to let inflation surge out of control, the chances are fair that inflation will surge out of control. If they expect the Fed to keep inflation on track, inflation is more likely to stay on track. Shaping expectations is nine-tenths of the Fed's job.
Today's lesson in How Washington Really Works begins with a look at one of the red-white-and-blue Metro buses rolling around downtown.
Ignore the commuters inside, at least the ones going to work on Capitol Hill or the White House, where, supposedly, policy is made. They, and their bosses, are barely relevant to this story.
This quote, often attributed to Abraham Lincoln, says it best: "Better to remain silent and be thought a fool than to speak out and remove all doubt." That's especially true if you're the CEO of a big business.
Give thanks for the little things, they say. A bill that would stop the feds from going after medical marijuana users in states that permit such activity is something for which we should give thanks. But it is little.