The Fed today decided to drop the target rate for Federal funds by 50 base points, to 4.75 percent. The board felt as though this was necessary to help stabilize investments in the mortgage and stock markets after the recent unpleasantness related to default rates and MSO devaluations. Of course, this sent the stock [...]
I don’t usually write about the situation in Iraq primarily because I feel that there are so many others who express my own feelings more eloquently then I seem capable of. Also, my views on the situation are a bit more pessimistic than those of most activists and pundits, and I have been told that [...]
I have been slowly catching up on some of my online reading, and was struck by an apparent argument occurring between Glen Greenwald, Ann Althouse, and others regarding the use of term ‘Christianist’, as a Christian version of the popular usage of ‘Islamist’. I don’t wish to re-hash the entire set of arguments (please read [...]
