Reuters has produced a must-see video on how the Federal Reserve created a three-trillion dollar balance sheet in a few short years.
Everyone knows that reusable shopping bags are an unalloyed good – or are they? Bloomberg’s Ramesh Ponnuru unearths some surprising facts: “Researchers who examined reusable bags in 2011 found that 51% contained coliform bacteria. Although washing the bags rids them of 99.9% of the bacteria, a full 97% of people...
The Christian Science Monitor reported that Idaho State Sen. John Goedde (R), Senate Education Committee Chairman, introduced legislation that would require every Idaho high school student to read Ayn Rand’s “Atlas Shrugged,” and pass a test on it to graduate. When asked why that particular book? “That book made my...
The financially struggling U.S. Postal Service announced plans to cut Saturday mail delivery beginning in August, a move estimated to save $2 billion annually.
The Dow topped 14,000 for the first time since 2007, up over 6.7% since the start of the year.
FirstRead writes, "There’s no need to sugarcoat it -- former Sen. Chuck Hagel’s (R-NE) confirmation hearing yesterday before the Senate Armed Service Committee was brutal. It was a combination of a defense secretary nominee who appeared unprepared (you could tell he’s been out of politics since 2008), as well as...
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