More Informative Links for August 10, 2012
Papa John’s Founder To Raise Price of Pizza Due to ‘Obamacare’ – CBS DC “If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best interests,” And, so all the extra added, and unpredicted costs of Obamacare begin!
The Fed, in Trying Not to Be Political, Is Political – Businessweek “… The harder the Fed tries to avoid politics—the elephant in the room—the more it allows political thinking to infect its mission. A truly apolitical Fed would do whatever is the right thing for the economy and resolutely ignore the second-guessers in both parties. Eric Rosengren, president of the Federal Reserve Bank of Boston, who favors more aggressive action by the Fed to raise growth and lower unemployment, made the case for a truly apolitical Fed in an interview with the Boston Globe published today. ‘We don’t get to pick the timing of a global slowdown,’ Rosengren told the Globe. ‘If there’s a slowdown and you have an independent central bank, the appropriate response is to act. I think that’s exactly what we should do.’”
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