[watching the Iranian demonstrators on TV] John Chambers: You ever think, Lester, how this is all for the cameras? Lester Siegel: Well, they're getting the ratings, I'll say that for them.
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It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.
The only question where there is disagreement is should the highest income rates above a quarter million dollars a year go back to where they were under Bill Clinton. That is the dispute about the taxes.
In the course of my stay there, I also showed how one could analyse the experimental kinetic curves for the reaction of haemoglobin with carbon dioxide or oxygen by simulations in the computer, and so fit the rate constants.
Eurobonds are absolutely wrong. In order to bring about common interest rates, you need similar competitiveness levels, similar budget situations. You don't get them by collectivizing debts.
But it's true, when you see some television, you carry it with you. It's like 90210. Tell me what young shows were being done then... We were thrilled about the ratings around the world.
Last year, customs officials screened only five percent of the 11 million cargo containers entering the United States. That rate is both unacceptable and dangerous to our national and economic interests.
In a certain sense the past is far more real, or at any rate more stable, more resilient than the present. The present slips and vanishes like sand between the fingers, acquiring material weight, only in its recollection.
Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.
The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.
Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?
I like Ronald Reagan, who didn't play crass politics, and he just articulated and delivered on broad themes that were needed. Free markets meant free markets. Deregulation. Lower tax rates. Strong national defense. And he was credible and believable.
Politics thrives on simple, clean messages, something that played to Obama's advantage in 2008. Stagnant unemployment and the loss of America's AAA rating are as simple and tough as they come. This is the economy on Obama's watch, and there's no one ...
Because Hightower's problem, among other things, is that advertisers would be a lot less interested in his show than in Limbaugh's, even if they have similar ratings, because of what Hightower is saying.
Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
I have a simple plan to solve the economic crisis. Give every American a $100 credit to the dog track of their choice. I have found the puppies to be a reliable source of income with a consistent rate of return.
I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.
Women continue receiving less salary for the same kind of job. Women have a higher unemployment rate in our country. When you analyze the composition of poverty, you will find that most of the families in poverty are being run by a woman.
You see, there's a theory current you're insane, or you lean strongly in that direction.
Strength, strength is what I need; nothing can be done without strength; and strength must be gained by strength.
