The Fed Writes What May Be Obama’s Obituary

Yesterday came the news that the Federal Reserve expects unemployment to hover around 9 percent throughout 2011 and possibly decline to 8 percent by the end of 2012. It’s worth noting that we don’t have much reason to trust that the Federal Reserve knows anything about anything these days. The prognosticative skills of its officials and reports have proved scandalously poor over the past few years, just as its policies have suggested exactly the kind of inconstancy, desperation, and politicization that the Federal Reserve system was designed to avoid.

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The Fed Writes What May Be Obama’s Obituary

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Syria’s Forsaken Rebels

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The border of incitement.

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Democracy dies while the president looks the other way.

Past U.S. presidents have used their bully pulpit to campaign for human-rights and democracy. By encouraging the unprecedented wave of democratization that has swept the world since 1945, their words and actions had consequences. That’s not something that Donald Trump does. Far from it; he positively praises dictators. His words have consequences, too, and they are not good.

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