Over the last two days, Federal Reserve Chairman Ben Bernanke has twice expressed “significant concern” about inflation, citing the rapid increase in energy and food prices as well as the general rise in the cost of imports. This is viewed as an important sign that the Fed may view inflation as a greater risk than […]
Author Archive | Steve Bank
Is Rangel’s Call for a Draft Tax-Driven?
House Ways and Means Chairmen Charlie Rangel has been one of the few politicians to dare call for reinstituting the draft during the current Iraq conflict. A veteran of the Korean War, Rangel has long advocated the draft as a way to supplement the troops in Iraq and elsewhere and to spread the sacrifice more […]