Fed raises discount rate

Federal reserve raise the discount rate charged to bank by one quarter point. This is not good news. It will raise our costs if banks must pay more interest on the money. That said, we can see inflation soon we imagine.

Obama attacks banks

There is a lot of people out of work, and many are angry. The blame our prez. He promised jobs. Well, there are no jobs even green ones. Instead all the time was wasted creating a terrible health care program. OK now prez wants to attack banks for once. It is too little too late - sorry prez.