Monday, July 16, 2007

In its two stories today on Social Security, The Associated Press sees the debate going in opposite directions. One AP story is headlined “ Partisan Divide on Social Security Widens .” Today’s other AP report says, “ Soc. Sec. Minus Private Accounts May Pass .” Despair and hope, all in the same business jet charters ay. Frank Warner

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In its two stories today on Social Security, find a url he Associated Press sees the debate going in opposite directions. One AP story is headlined “ Partisan Divide on Social Security Widens .” Today’s other AP report says, “ Soc. Sec. Minus Private Accounts May Pass .” Despair and hope, all in the same day. Frank Warner

Way back in August 2003 , I posted a link to a very sad story I found through NTodd and Folkbum . This Chief Science Advisor to Saddam Hussein gave himself up and told the US and the German media that Iraq had no banned weapons and no active nuclear, biological, or chemical weapons programs. [Amer Al-Saadi] told them that Iraq had destroyed them in the mid 90's. He told them what they didn't want to hear. Helma Al-Saadi had only received two letters from her husband in over four months since April 12th. Those letters were limited to a maximum of one page each. She had plead to the consul and US authorities to have her husband who had cooperated fully released and yet nothing had happened. diesel generator portable he tried international and media channels and yet nothing had happened. On Tuesday, August 19th, Helma Al-Saadi had taken her case to the UN. At 4:25pm she was near the office of the UN appointed official in Iraq. At 4:30pm a bomb exploded under his window killing 20+ people. Helma apparently was one of those people. Before the war, Amer Al-Saadi was targeted by Colin Powell as one of the impediments to finding Saddam's WMDs: In his presentation to the security council in February last year the US secretary of state, Colin Powell, attacked Saadi.

In its two stories today on Social Security, The Associated Press sees the debate going in opposite directions. One AP story is headlined sales lead lists Partisan Divide on Social Security Widens .” Today’s other AP report says, “ Soc. Sec. Minus Private Accounts May Pass .” Despair and hope, all in the same day. Frank Warner

I really did not need another must-read blog added to my list, but the Wall Street Journal's Real Time Economics feature has left me no choice. In last Friday's edition, Greg Ip detected some pebbles coming from the direction of glass houses: The Federal Reserve has come under fire increasingly for focusing on “core” inflation rather than headline inflation. Excluding food and energy made sense, critics said, when those two were volatile but trendless. In recent years, however, they’ve mostly headed up, and thus core inflation has consistently lagged headline inflation. This week’s issue of The Economist joins the criticism of core inflation, saying “Bond investors are living in a world where nobody eats or drives.” It notes Bank of England governor Mervyn King flute music notes arlier this month said “measures of ‘core inflation’ that strip out certain prices can be highly misleading.” The bank’s chief economist Charles Bean leveled the same criticism last year in the heart of Fed territory, the annual symposium at Jackson Hole ... Yet when the Fed hears these criticisms from the British, it may wonder if the pot is calling the kettle black. The Bank of England targets a price index that excludes almost all housing costs, notably mortgage payments. And in the U.K. overall inflation, at 4.3% in May, is notably higher than the 2.5% inflation rate as measured by the index targeted by the Bank of England.

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I really did not need another must-read blog added to my list, but the Wall Street Journal's Real Time Economics feature has left me no choice. In last Friday's edition, Greg Ip detected some pebbles coming from the direction of glass houses: The Federal Reserve has come under fire increasingly for focusing on “core” inflation rather than headline inflation. Excluding food and energy made sense, critics said, when those two were volatile but trendless. In recent years, however, they’ve mostly headed up, and thus core inflation has consistently lagged headline inflation. This week’s issue of The Economist joins the criticism of core inflation, saying “Bond investors temporary staffing software re living in a world where nobody eats or drives.” It notes Bank of England governor Mervyn King earlier this month said “measures of ‘core inflation’ that strip out certain prices can be highly misleading.” The bank’s chief economist Charles Bean leveled the same criticism last year in the heart of Fed territory, the annual symposium at Jackson Hole ... Yet when the Fed hears these criticisms from the British, it may wonder if the pot is calling the kettle black. The Bank of England targets a price index that excludes almost all housing costs, notably mortgage payments. And in the U.K. overall inflation, at 4.3% in May, is notably higher than the 2.5% inflation rate as measured by the index targeted by the Bank of England.

Click Here

Way back in August 2003 , I posted a link to a very sad story I found through NTodd and Folkbum . This Chief Science Advisor to Saddam Hussein gave himself up and told the US and the yellow ribbon magnet erman media that Iraq had no banned weapons and no active nuclear, biological, or chemical weapons programs. [Amer Al-Saadi] told them that Iraq had destroyed them in the mid 90's. He told them what they didn't want to hear. Helma Al-Saadi had only received two letters from her husband in over four months since April 12th. Those letters were limited to a maximum of one page each. She had plead to the consul and US authorities to have her husband who had cooperated fully released and yet nothing had happened. She tried international and media channels and yet nothing had happened. On Tuesday, August 19th, Helma Al-Saadi had taken her case to the UN. At 4:25pm she was near the office of the UN appointed official in Iraq. At 4:30pm a bomb exploded under his window killing 20+ people. Helma apparently was one of those people. Before the war, Amer Al-Saadi was targeted by Colin Powell as one of the impediments to finding Saddam's WMDs: In his presentation to the security council in February last year the US secretary of state, Colin Powell, attacked Saadi.

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