Despite Perry's invocations and recastings of conservatism his message was precisely what a fed-up hard-right base didn't want to hear.
White people across America clenched in their khakis at Frances McDormand's litany of quips and curses, basically an Englishman's best caricature of what a fed-up cornfed American sounds like.
Plan for the flow to go downhill, as this is exactly what a gravity fed system is all about.
Although there is plenty of controversy about what a neutral fed-funds rate might be, estimates tend to be 3.5-5.5 3.5-5.5
O'Neal knows Mutombo has the sharpest elbows in the league and Mutombo knows what a force-fed Spalding from O'Neal tastes like.
"For most of those first few days," Newsweek says, "Bush was hearing what a good job the Feds were doing".
For the media, White was a poster child: a corn-fed cautionary tale of what a gay golem had wrought, an innocent victim of some sodomite plague.
Famous investor John Hussman recently published a comprehensive analysis of what he calls a fed-induced bubble in asset prices and that "the consequences have been deferred, not avoided, by faith in the Fed".
People who want to know what the fed "is doing" need only consult its balance sheet (publicly available here) and the minutes of the FOMC meetings, which are available with a lag.
But of course, that path implicitly accepts that the measure, which on its face is designed to legalise marijuana, will not in fact legalise marijuana: supporters treat it as a foregone conclusion that the feds will do what feds do.This is a shame.
In Washington it is a bagatelle: about what the feds spend in three days, or less than 2% of the predicted budget deficit for this year.
