Risky Fed actions fuel inflation and risk in markets
The Federal Reserve cut the discount rate to 3.25 percent and backed JP Morgan Chase's Bear Stearns takeover for 2 per share, offering up to 30 billion for mortgage securities. The editorial argues these steps calm panic but worsen moral hazard, inflation, and credit tightening, risking further instability and delayed consequences.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Federal Funds
Wall Street
Fed
J.P. Morgan Chase
Bear Stearns
Wall Street Journal
William A. Niskanen
Cato Institute
Reagan
Council of Economic Advisers
Niskanen
Ben S. Bernanke
The
New York Times
Bernanke
Odessa Win Local Pulitzer Prize 1988
The Odessa newspaper announces a 1988 Pulitzer Prize win for Freedom Patrick Canty, with Laura Dennis as publisher and Ken Brodnaxn as editorial page editor.
MENTIONED IN THIS ARTICLE
Patrick Canty
Ken Brodnaxn
Let peace begin with me and personal freedom’s claim
The passage asserts freedom as a divine gift and self control as its core. It argues individuals must govern themselves to reach full potential, aligning freedom with moral guides such as the Coveting Commandment, the Golden Rule, and the Declaration of Independence.
Obama and Wright saga tests Obama as a Presidential candidate
The piece argues Obama knew of Jeremiah Wright's anti American rhetoric from long involvement with Trinity United Church and his fundraising ties. It contends his Philadelphia speech reassures supporters while critics doubt his convictions. Shelby Steele critiques Obama as an icon more than a leader.
MENTIONED IN THIS ARTICLE
Sen
Barack Obama
Philadelphia
United States
Jeremiah Wright
Obama
Nixon
Wright
Democratic Party
Cable News
George W. Bush
Shelby Steele
Chicago
Waste Control Specialists support letter from Midland geologist
Robert Tranthem supports Waste Control Specialists WCS license to store low level radioactive waste in Andrews County citing site geology and lack of groundwater. He notes TCEQ concerns resolved and endorses the facility as safe based on studies by Lehman and Rainwater at Texas Tech. Alan Kimbrow endorses boycotting entities connected to WCS and urges West Texans to limit business with them.
MENTIONED IN THIS ARTICLE
Waste Control Specialists
WCS
West Texas
Midland
Lehman
Rainwater
Texas Tech
TCEQ
Ogallala
Andrews County
Robert Trentham
Voter backs Tryon Lewis amid criticism of Buddy West
REBECCA THOMAS praises Good Friday events while a constituent faults Buddy West for poor constituent service. The letter cites two calls about a bill, says assistants dismissed opinions, and urges replacement by Tryon Lewis. Readers are invited to send opinions to onletters freedom.com.
MENTIONED IN THIS ARTICLE
Tryon Lewis
Tryon
Buddy West
West
Rebecca Thomas Odessa
Formative expose on taxpayer costs by Blue Cross and Blue Shield
Reader expresses appreciation for a critical exposé on how taxpayers are billed by Blue Cross and Blue Shield. Comments that the in-depth coverage is long overdue and suggests much of the industry’s behavior hinges on taxpayer funding and health insurance economics.
MENTIONED IN THIS ARTICLE
Blue Cross
Blue Shield
Also Mentioned on This Page
Propa
PROUT
Socrat
Odess
Laura Dennis
Sowell
Hoover Institution
Stanford University
Thomas Sowell
Creators Syndicate
Www
Creators. Com
Tsowell.com
Lowell
John Trever
Jirecton Center For Energy and Economic Diversification
CEED
Utpb Midland
BCBS
Alan Kimbrow
Odessa
Freedom.com
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!