Hard times ahead despite Fed rate cut and stimulus plan
The Fed cut the federal funds rate by 0.75 percent to steady markets but warns that deeper forces will keep the U.S. economy in trouble. Housing excesses, consumer-spending dependence, and high oil prices threaten a prolonged downturn. The Chapman forecast of a mild 2008 recession stands as the bubble burst, with losses at Merrill Lynch and Citigroup. Delaying corrections with further stimulus risks worsening the adjustment.
MENTIONED IN THIS ARTICLE
Federal Reserve
Federal
Fed
U.S
Esmael Adibi
Anderson Center For Economic Forecasting
Chapman University
Chapman
Merrill Lynch
Citigroup
Federal lawmakers contact details and offices listed
The listing provides contact information for U S Representatives Mike Conaway Randy Neugebauer and Ciro Rodriguez and U S Senators John Cornyn and Kay Bailey Hutchison plus Texas state officials George E West Tom Craddick Kel Seliger and Carlos Uresti with office addresses in Midland Odessa San Antonio Amarillo and Austin and phone numbers. Local offices in Odessa and Midland are included for some representatives.
MENTIONED IN THIS ARTICLE
U.S
Mike Conaway
Midland
Cannon House
Washington
D.C
W. Eighth St
Odessa
Desta Drive
Randy Neugebauer
Lubbock
Kay Bailey Hutchison
Russell Senate
Washington, D.C
George E
Buddy” West
P.O. Box
Austin
Tom Craddick
Kel Seliger
Amarillo
N. FM
P.D. Box
Carlos Uresti
San Antonio
Freedom and self rule in a moral newspaper credo
The piece presents a 1988 Pulitzer prize dedication theme citing Patrick Canty Laura Dennis and Ken Brodnax. It proclaims peace begins with the individual and asserts freedom as a divine gift tied to self-control and moral guides including the Coveting Commandment the Golden Rule and the Declaration of Independence.
Warning Against Demagoguery in an Election Year
Thomas Sowell argues demagoguery and propaganda powered 20th century horrors. He warns voters to demand specifics over rhetoric and to scrutinize leaders like Obama Edwards and others, noting how change rhetoric can mask real policy. He urges critical thinking to protect the nation from manipulation.
MENTIONED IN THIS ARTICLE
Jim Jones
Jonestown
Lenin
Russia
Hitler
Germany
Mao
China
Adolf Hitler
Obama
John Edwards
Edwards
America
Iran
NFL rights push hurts fans and Hispanic viewers
Rosa Rosales argues that NFL Network privileges inflate costs, blackout key games, and push fans toward higher cable bills. She notes rising TV and sports programming costs, calls for optional tiers, and urges policymakers to resist forced arbitration and revenue-driven moves.
MENTIONED IN THIS ARTICLE
Rosa Rosales
Cowboys
NFL
NFL Network
Odessa College Men's Basketball Ranked After Upsets
Odessa College rises in national rankings after defeating two previously ranked teams. Readers invited to submit opinions on current topics via email at freedom.com with thumbs nomination.
MENTIONED IN THIS ARTICLE
Odessa College
Freedom.com
Also Mentioned on This Page
Laura Dennis
Ken Brodnax
Thomas Sowell
Sowell
Hoover Institution
Stanford University
The
Creators Syndicate
Www
Creators. Com
Tsowell.com
Milton Friedman
Barack Obama
Lowell
John Trever
DR. D
Mele Ual
ESPN
Government Accountability Office
FOX Sports
News Corp
Federal Communications Commission
Rosales
League of United Latin American Citizens
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