announces

They are looking to pursue a form of Evans rule in which the central bank will keep rates low as long as unemployment is still above 6.5% and inflation is below 2.5%. Good move in my opinion, not the best, but not bad either.

Pleased to see Mr. Obama reverse course on this matter. I slightly perplexed on why he went in his original direction. He had to have known this would go over as well as a fart in church. He knew there would be serious backlash. The important item to take away from this, is in the end, he...

In short, screw religion. :giggle: I was expecting a sharia system that applied only to practicing Muslims similar to what the UK has, not a total rejection of religion (they're Islamists after all). Not totally surprised though, they're social-democrats, not al Qaeda.

The much-awaited plan for Afghanistan was finally released today by the Obama administration. It looks like they will go ahead and send 30,000 more troops to Afghanistan and they have set a withdrawal plan that begins in 18 months and ends by 2017. This decision comes with high political risk...