When questioned about the timeline for tapering being the middle of 2014, Bernanke responded with, basically, "If everything goes right and according to plan." Now, this wouldn't necessarily be construed negatively, except for his comments made just previously when he told another Congressman that there were no plans to taper quantitative easing in the foreseeable future.
Really, why would anyone want a job nowadays? John talks about America’s leftward march toward government dependency, while communist countries continue to adopt more liberal economic policies. Juan Carlos Hidalgo (the most interesting man in the world?) from Cato joined the program to talk about Cuba’s reluctant acceptance of free-market reforms.
In the wake of all the news about Snowden, the Zimmerman trial, and the updated Smith-Mundt Modernization Act, there's been an on-going piece of news that's mostly slipped underneath the radar: the GOP is looking to make huge cuts in the Supplemental Nutrition Assistance Program (SNAP).
Feds Pay Back Feds the Bailout Money from Feds and Feds Are Happy, But You Lose. Again | John Ransom