Minneapolis Fed gets new head After 24 years on the job, Federal Reserve Bank of Minneapolis president Gary Stern retired last month. Today it was announced that Narayana Kocherlakota will  be his replacement, taking over the position immediately. He will become voting member of the Federal Open Market Committee in 2011. Narayana Kocherlakota, 45, is an economics ...

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With great power comes great responsibility Don't worry, the cats who were at the Montgomery Animal Shelter are safe. Image from Flikr.com. Everyone knows the Internet is a powerful thing. Through massive social networking sites, you can get a message to numerous people instantly. However, the Montgomery Animal Shelter closing story is an example of the fact ...

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Treasury Secretary Timothy Geithner said he supports Democratic efforts to narrow the scope of a new consumer protection agency, ceding ground on the centerpiece of President Obama's proposal to tighten the rules governing financial institutions.» E-Mail This     » Add to Del.icio.us Read more about Geithner Backs Narrower Scope For Consumer Agency...

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In the doctor’s office, I saw the cover article of a recent issue of Time magazine was Getting Real About the High Price of Cheap Food. Inside were some interesting facts. For one, people in the U.S. actually spend less on food now than 30 years ago: For all the grumbling you ...

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