I think that most of us Americans who work for others worry about keeping our jobs.  Today, the board of directors of Citigroup has reached an agreement for Vikram Pandit to leave the board and step down as chief executive.  Pandit was the successor CEO to Charles Prince, who followed the legendary Sanford Weill.

Mitt Romney, Mormon Meets The Eye

Mitt Romney, Centrist in Disguise!

I didn't know that there were journalists out there who haven't read Fear and Loathing in Las Vegas where our hero, high on extract from the human adrenal gland, is confronted with the mocking visage of Richard Nixon on the television urging "Sacrifice.  Sacfrifce.  Sacrifice."  But, Frank Bruni seems to have missed it.  When, he wants to know, will our leaders come clean with the American people and demand of them the sacrifices necessary for us to move forward?

Yesterday, the Federal Open Markets Committee decided, under the guidance of chairman Ben Bernanke, to engage in a new round of quantitative easing (open market purchases of mortgage backed securities at a rate of $40 billion per month for as long as necessary) and also promised to keep interest rates at extraordinarily low levels through 2015.  I'd remind people, by the way, that the Fed could hike rates 200 basis points and still claim to be at historically very low levels (we'd be just over 2 percent).