Interest rates too low?

Interesting discussion of how these extremely low interest rates do not encourage banks to lend.

Low interest rates mean "easy money". With easy money no one has an incentive to economize....

Yet, banks aren't lending except for high collateral positions...and why is this? The answer is simple, as Robert Higgs said, "regime uncertainty".

This is a bit contrary to the fact that most profit these days has been the result of increased productivity a.k.a. economizing a.k.a. laying off, closing factories, offshoring work, etc.  This only works in the short term.  Eventually, you need to put Employees First.  :)

Employees First, Customers Second: Turning Conventional Management Upside Down

Dr. Laura Schlessinger & the "N" Word

From Dr. Laura's (Schlessinger) radio show, yesterday, regarding the use of the word "nigger":

Caller:	It’s OK to say that word?
Dr. Laura:	It depends how it’s said.
Caller:	Is it OK to say that word? Is it ever OK to say that word?
Dr. Laura:	It’s — it depends how it’s said. Black guys talking to each other seem to think it’s OK.
Caller:	But you’re not black. They’re not black. My husband is white.
Dr. Laura:	Oh, I see. So, a word is restricted to race. Got it. Can’t do much about that.

Can't handle the truth? On NPR, John Ridly said it was OK for blacks to use the word "nigger" because of a "history" of slavery & Jim Crow. Huh?

When asked the same question that Dr. Laura was asked by a listener, Ridley responds that it's OK for black people to use the word because of the history of slavery and Jim Crow laws.

Know anyone that has been in slavery? Can President Obama use the word "nigger"? Not by this criteria since his ancestors weren't here for any of that.