Bernanke sought to reassure investors that the timetable for keeping rates low "doesn't mean we expect the economy to be weak through 2015." Rather, he said the Fed expects to keep rates low well after the economy strengthens. – USA Today Economics USA Today- Bernanke strongly defends Fed rate policies Individual Liberty CBS- Beware: Your gadgets [...]

With the announcement that the U.S. Postal Service will be unable to make a $5.6 billion payment to its employees’ health benefit plan due on September 30th, calls for privatization of the archaic service are mounting.  The service already failed to make last year’s payment of $5.5 billion which Congress had allowed to be delayed [...]

A tiny solar company named SoloPower will flip the switch on production at a U.S. factory Thursday, a major step toward allowing it to tap a $197 million government loan guarantee awarded under the same controversial program that supported failed panel maker Solyndra.” – Chicago Tribune Government Chicago Tribune- U.S. poised to hand over $197 [...]