Monthly Archives: December 2012

Monetary Expansion

De Novo (The New Risk) Operation Twist (the Fed buying short-term debt–essentially toxic-waste left over from the financial crisis) ended. The result is big profits for big banks who are now going to pay it out in dividends and stock … Continue reading

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True Art Conceals Art

To resist its naturally marginal identity, the Republican Party struggles to appear mainstream. Without its binomial identity the probability it can be a major force by popular consent is practically nil. By definition, its identity is limited by the numbers. … Continue reading

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