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The Fed's Latest Moves May Fall Flat, Experts Say

The Federal Reserve has announced a plan to drive long-term interest rates even lower. But with borrowers still too cautious to take on additional debt, will the move have a positive effect? Some experts say they're not holding their breath. "The Fed can only do so much," one analyst says.
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Congress May Balk At Higher Taxes On Investments

warren buffett
Under President Reagan, capital gains were taxed at a higher rate than earned income. Since then, the situation has reversed, and unearned income, the province of the very rich, is taxed at a significantly lower rate than most workers' wages. Polls show the public supports changing this. Will Congress?
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Political Heat Is Nothing New For The Fed

Federal Reserve Chairman Ben Bernanke has been criticized recently by Republican presidential candidates who called for his firing and an audit of the central bank. Low opinions of the Fed come from a long history of criticism of its power and secrecy, extending back to Thomas Jefferson.
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Obama Stresses Need For Israeli-Palestinian Dialogue

President Obama addressed the United Nations General Assembly in New York Wednesday, speaking about the expected Palestinian bid for recognition by the U.N. The president said that peace between Israelis and Palestinians will not come through statements and resolutions at the U.N.
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So What Is The Salt?

The Salt is a blog is about what we eat and why we eat it. It's about how food opens doors for discussion all over the world, and how it shapes the world, from culture, to science, to history, to business practices and environmental impacts.
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Obama Tells Biden To 'Just Go Be Joe' On Campaign Trail

The president has "let me loose" to hit the campaign trail, Biden told supporters Tuesday. Meanwhile, a new poll shows a majority of voters believe the president will lose "to any Republican" next year.
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D.C. Council Tax Debate Breeds Tension

Gavel

The D.C. Council voted yesterday to raise the income tax for residents making $350,000 or more, but the discussion before the vote was anything but routine.

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Senate Panel To Examine Google's Competitive Streak

Google CEO Eric Schmidt testifies before a Senate subcommittee on Wednesday. The panel is examining whether the Internet giant is stifling competition. The European Commission and the Federal Trade Commission have opened inquiries into Google's business practices.
NPR

As The 'Un-Candidate,' Palin Tests GOP Patience

With time ticking away toward the first Republican primary contests, the pressure is building on Sarah Palin to declare her presidential intentions. Staying outside the official pack of hopefuls gives Palin a certain cachet. But it is also frustrating some party activists.

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