Posted by Joseph Y. Calhoun, III
There are rumors that the new Apple IPad will be sold in Best Buy stores when it comes out:
Apple’s iPad introduction was heralded by many as the redefinition of the tablet PC, but in reality, as we pointed out, it’s less a computer than it is a large iPhone. Still, people want to get their hands [...]
Posted by Joseph Y. Calhoun, III
That’s what Thomas Friedman believes apparently. His column today asks why we can’t get some adult supervision from our politicians:
Sometimes you wonder: Are we home alone? Obviously, the political and financial elites to whom we give authority often act on the basis of personal interests. But we still have a long way to go to get [...]
Posted by Joseph Y. Calhoun, III
The FOMC statement in its entirety:
Release Date: January 27, 2010
For immediate release
Information received since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and that the deterioration in the labor market is abating. Household spending is expanding at a moderate rate but remains constrained by a weak labor [...]
Posted by Joseph Y. Calhoun, III
President Obama offered up his lame freeze on non security, discretionary spending yesterday that will save a paltry $200 billion over 10 years. Fox Business found easy ways to trim the budget by roughly $1 trillion right now:
Here’s What the U.S. Can Cut
Estimated $1.2 trillion unused federal property
The government owns and leases 3.87 billion square [...]