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Innnneresting news: Politico’s Ben Smith is leaving the site within the next few weeks to take on a new position at… BuzzFeed. At BuzzFeed, Smith will be tasked with, in his words, “trying to help build the first true social news organization – that is, an outfit built on the understanding that readers increasingly get and share their news on Twitter, Facebook, and other platforms.” BuzzFeed, as you may know, is an aggregation site (with occasional bits of original reporting) devoted to gathering the most newsworthy, interesting and viral bits of news and entertainment

Published on Wednesday 8th of February 2012 12:36:32 PM Read more...

As noted in the title, for all those who wish to reread how Bernanke justifies the fact that he has no idea why the economy will improve, but it just will, damn it, here it is, complete with the full Q&A.

Published on Wednesday 8th of February 2012 12:36:32 PM Read more...

A freshman member of Congress who attracted national attention when he called Barack Obama the worst president ever walked back his claim a bit on Wednesday, describing him as “one of the worst.” Rep. Ben Quayle, an Arizona Republican and son of former Vice President Dan Quayle, said in an interview with ABC News that Obama’s fiscal and foreign policies “alone would put him up there in one of the worst.” While campaigning in his party’s primary last August, Quayle released an ad in which he called Obama “the worst president in history” and promised to “knock the hell out...

Published on Wednesday 8th of February 2012 12:36:32 PM Read more...

...I am not sure what planet Ben is on but maybe he should take a quick peek at the CCI chart (Continuous Commodity Index) and say that with a straight face. He may be “showing little alarm” but rest assured many of us are showing a great deal of alarm including every person in the US that has an unfortunate habit called eating. This is not to even make mention of the fact that we have governments being toppled on account of soaring food prices. In spite of all the years of watching Central Bankers spin, dodge, weave, obfuscate and...

Published on Wednesday 8th of February 2012 12:36:32 PM Read more...

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