The Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy Geithner for a public review of the central bank’s structure and governance, three people familiar with the matter said.
The Obama administration proposed on June 17 a financial- regulatory overhaul including a “comprehensive review” of the Fed’s “ability to accomplish its existing and proposed functions” and the role of its regional banks. The Fed was to lead the study and enlist the Treasury and “a wide range of external experts.”
TVNL Comment: Surprise, surprise. Who owns the Fed? Do YOU know?
A new report from Adalah shows how the courts and police attempted to stamp out opposition to Operation Cast Lead "This is a time of war, and every incident harms the people's morale."
Obama and Osama are at last participating in the same narrative. For the US president's critics – indeed, for many critics of the West's military occupation of Afghanistan – are beginning to speak in the same language as Obama's (and their) greatest enemy.
Attempts to save the bluefin tuna from extinction suffered a serious setback yesterday when the European Union dropped its demand for commercial fishing of the species to be banned.
Wealthy nations have contracted for much of the expected pandemic vaccine production, leaving little for poorer countries. But while Canada and some European nations will use vaccines containing adjuvants, American officials have decided against it for now. They say that they have enough vaccine and that the safety of the additives has not been proved.
True, many test subjects treated with the medication felt their hopelessness and anxiety lift. But so did nearly the same number who took a placebo, a look-alike pill made of milk sugar or another inert substance given to groups of volunteers in clinical trials to gauge how much more effective the real drug is by comparison. The fact that taking a faux drug can powerfully improve some people's health - the so-called placebo effect - has long been considered an embarrassment to the serious practice of pharmacology.
More than a year into the gravest financial crisis since the Great Depression, millions of Americans have seen their home values and retirement savings plunge and their jobs evaporate.
The manicured lawns and beautiful brick homes that line the streets of Spring Valley look like those in most affluent District neighborhoods.
