Tuesday, April 26, 2011

 

The New Dark Age

The seven men and three women who vote on the Fed's rate-setting panel will decide whether or not to extend a $600 billion stimulus plan that is scheduled to end in June.

Until recently the choice had appeared straightforward. Growth was picking up nicely and the recovery was, in the Fed's own words, "on a firmer footing."

But amid higher oil prices and government spending cuts, the economy now appears to be slowing. [Emphasis added.]

...

At best, Chicago-area home prices are bouncing along the bottom or getting less bad as the depreciation rate slows. At worst, they continue in a free fall.

...

The 3.3-square mile North Shore community is home to 5,000 residents. The plan calls for 44 cameras to eventually be installed at the village’s 19 entrances. That’s about one camera for every 120 people. Mayor Michael Kalnick said the project is needed to protect residents.

...

"The one employee there -- I think it was the manager -- said to me, 'You do know that's not a woman. That's a transvestite.' And I said, 'So? She's human,'" Thoms said.

Brown's mother called 11 News on Monday afternoon and said, 'My daughter does not hate transgender people. This is not about gender. That's not Teonna. She would have had to be agitated to get into this." She said there's more to the story, but didn't elaborate.

...

A cold-blooded murder on a New York street was caught in graphic detail on a video from a nearby surveillance camera.
Trevonne Winn, 24, was gunned down as he stood outside his uncle's fast food restaurant in Brooklyn.

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