Month: October 2013

INTELLIGENCER JOURNAL NEW ERA

Article “Making the case for Medical marijuana” is sub titled “Mother believes drug could reduce daughter’s seizures from epilepsy; she pushes for legalization” WATCHDOG: Two wags of the tail to the editors for devoting half of the front page to this important social issue. There is ample evidence of the palliative benefits of marijuana for […]

A good question

In a letter to the editor of the Intelligencer Journal New Era enegtitled “Gray’s spending spree”, the widow Elizabeth Hess writes: “Excuse me, now county residents are making Harrisburg and the county is paying for this totally unnecessary purchase. …Again, I ask, why are county residents paying …Harrisburg debts?” Largely because the public was watching […]

In Fed and Out, Many Now Think Inflation Helps

Some economists say more inflation is just what the American economy needs to escape from a half-decade of sluggish growth and high unemployment.
The Fed has worked for decades to suppress inflation, but economists, including Janet Yellen, President Obama’s nominee to lead the Fed starting next year, have long argued that a little inflation is particularly valuable when the economy is weak.

In Spy Uproar, ‘Everyone Does It’ Just Won’t Do

NEW YORK TIMES: ….In Washington, the reaction has set off a debate over whether it is time to put the brakes on the N.S.A., whose capabilities, Mr. Obama has hinted, have expanded faster than its judgment. There are now two groups looking at the N.S.A.’s activities: one inside the National Security Council, another with outside […]

LANCASTER NEW ERA

“Gray did not say Smithgall accepted county bond money to preserve his property as ‘farmland’ – which he did. Gray said he did it to preserve his firing range, as though the county paid him to permit its Special Emergency Response Team to use the firing range. In fact, Smithgall allows SERT to use the range for free…

HealthCare.gov fixes won’t be done until end of November, adviser says

WASHINGTON POST: …One day after contractors on the project publicly suggested that the federal government inadequately tested the site before its Oct. 1 launch, administration officials said that one of those contractors — Columbia-based Quality Software Services Inc., or QSSI — would take over management of HealthCare.gov. Jeffrey Zients, a former administration official selected by […]

Warren Buffett: Top 3 investing mistakes to avoid

USA TODAY: …There’s no reason to pay an expensive management fee to invest in a mutual fund when super-low-cost index funds that mimic large indexes like the Standard & Poor’s 500-stock index are available, he says. “Buy an index fund, preferably over time, so you end up owing good businesses at a reasonable average price,” […]