Month: October 2012

The next Fed chairperson

My last post discussed that appointing the next Federal Reserve chairman will be one of the (most important) responsibilities of the next president. Earlier in the week, the NY Times wrote an article about this. If you’re interested in the…

Who to vote for . . .

The presidential election sits two weeks away. I won’t advocate either candidate. It’s a personal decision. However, I’d like to use this forum to raise some issues that do not get adequate attention. My personal opinion is that a highly…

Decline of Iran’s currency

One of the stories I’ve been watching is the dramatic decline in value of the Iranian currency, the Rial.  The Rial has lost about 75% of its value over the past year, with a decline of approximately 40% coming over…

Nationalist sentiment on display

A thoughtful, articulate Op Ed piece in the NY Times advocates for the secession and independence of Catalonia, one of Spain’s wealthier regions and a net contributor of funds that support Spain’s poorer regions.The article points out that Catalonia has…