Fed Makes History: Shoots All Bullets and Lowers Rates to as Little as ZERO

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The Federal Reserve Board just reduced the federal funds rate to a range between zero and 1/4 of a point. Unbelievable. The Fed is also moving on a bundle of other fronts to hold this economy together and to try and get loans and financing moving again in the system. We have become Japan. ….

Bill Clinton: Nixon Really Intrigued Me — So Smart, Talented. . .

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This is an interesting little clip of Bill Clinton discussing Richard Nixon with Elvis Costello. When I helped organize a major Nixon Center conference in Washington in April 1995, Bill Clinton keynoted the event — and I could sense his admiration of and intrigue about many aspects of former President Richard Nixon.