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| Thu, 25 Aug 2005 16:00:00 EST Expect rates to follow oil upward |
| When the Federal Reserve Board convenes in a month for yet another monetary-policy meeting, expect the central bank to raise short-term interest rates once again–and to keep raising rates until at least the end of the year. |
| Thu, 25 Aug 2005 16:00:00 EST Constitution making |
| Excellent pieces of the proposed Iraqi constitution today—a column by David Brooks in the New York Times, and an editorial in the Wall Street Journal. Brooks points to the favorable opinions of Clinton administration Ambassador Peter Galbraith, who has worked hard for freedom for the Kurds for many years, and former CIA agent and American Enterprise Institute scholar Reuel Marc Gerecht, who knows Iraq well. Many in mainstream media profess to be fearful that the constitution will lead to theocracy in Iraq. Galbraith, who has been scathingly critical of the Bush administration on many counts, and Gerecht, who has been critical on occasion also, disagree. |
| Thu, 25 Aug 2005 16:00:00 EST The Bush White House and the press |
| Austin Bay, syndicated columnist, novelist, blogger, and reserve Army colonel who has served in Iraq, is always worth reading. Here, in response to a challenge by blogger Jeff Jarvis, he argues that the Bush administration should try to engage the mainstream media, despite its bias and hostility, rather than engage in what he and Jarvis agree is a policy of "rollback." |
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