[Southack]

"As you say it is going to be interesting to watch the media and their poodle-economists spin this. Stagflation maybe??"

Interesting to watch, but uninformative. The mainstream news media has deteriorated to such a point that now they just throw random theories up against the wall to see if anything sticks as if they are all crazed spaghetti chefs.

A more rational approach to explaining this sort of rate rise might touch on the Fed's view of the declining Dollar and rising oil prices, however.

5 Legislative Days Left Until The AWB Expires

[ScaniaBoy]

Agree. See my post #16

[ScaniaBoy]

By the way I like your tagline.

In 1991 I met a British scientist ( a personal friend of Lady Thatcher actually) who was an expert on WMD's. She told us about a mission she had made to the South African army in Angola, investigating claims of use of chemical warfare agents by the Cubans and their minions.

The evidence had been all over the place, and she had been exposed herself. During a visit to an army hospital she had been shown a soldier being treated with atropine drip after having been exposed to a nerve agent. The soldier had coughed and despite wearing ordinary protective clothing (ie not special anti-chem suit) she received some minuscule drops of saliva on exposed skin. Very soon she had started to suffer from acute symptoms and found herself in the bed next to the soldier on a similar atropine drip....

The reason the South African's never made the Cuban use of nerve agents public was that they were afraid that it would affect the home-front. Probably not a wise move....

[monkeyshine]

The mainstream news media has deteriorated to such a point that now they just throw random theories up against the wall to see if anything sticks

I disagree. I think they just say anything, because they have to say something that is their job, so they just say whatever comes to mind that suits their political beliefs.