- Obama takes aim at ‘corporate deserters’
- Dick’s Sporting Goods lays off 478 PGA golf pros
- Senators: Cease-fire must allow Israel to defend against rockets, tunnels
- Sierra Leone doctor fighting Ebola catches disease
- Iraq welcomes Russian fighter jets, helicopter gunships into ISIL fight
- John McCain laments: Obama’s ‘self-pity … is really kind of sad’
- GOP offer to fix VA gives $10 billion in emergency funds
- Paul Ryan offers to repair U.S. economic safety net with a single grant stream
- Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens
- Pope Francis meets Meriam Ibrahim, a Sudanese woman sentenced to death
By Michael Widlanski
Leveling the battlefield to aid terrorists enables evil to fight on
Topic - William Poole
William Poole, president of the St. Louis district Fed bank, yesterday said he is not convinced the economy is endangered by the credit crunch and the central bank shouldn't consider cutting interest rates before its next meeting on Sept. 18 unless a "calamity" occurs.
"Every time there's a Fed meeting, everybody is going to give speeches afterward they are really just using these people to get their thoughts out," he said. "Nobody was even expecting a cut in rates last time around, but something more balanced to recognize the fact the economy and credit markets have gotten much weaker."