Not, mind you, because the Fed will raise interest rates any time soon. No, the geniuses at the Federal Open Market Committee and the Board of Governors seem to be leaning in a different direction: NIRP. … Better get used to seeing those initials. They stand for negative-interest-rate policy. That’s right. The Fed thinks they can drive nominal short-term interest rates below zero. Continue Reading →
The U.S. economy is still sick. It will not be cured until (if and when) the current regulatory onslaught emanating from Washington, D.C. is not just slowed, but rolled back. The U.S. needs business climate change. Continue Reading →
A quick scan of BAAQMD’s massive report shows a lot of concern for concentrations of various pollutants in different locations, but zero consideration of sources. Frankly, that’s stupid. BAAQMD cannot determine the effectiveness of their regulations until they know the percentage of current pollution emitted by exempt structures. Until then they are simply whistling in the dark. Continue Reading →
BPPE is a California regulatory agency that has suddenly thrust itself into the limelight. The initials stand for the Bureau for Private Postsecondary Education. That’s right, California has an agency that regulates private schools that are not in K-12. Continue Reading →