Archive for March 5th, 2008
Why on earth do we need these two jobs?
The Federal Reserve Bank of New York will close its Buffalo branch at the end of October, shuttering an office that has been steadily scaled back over the last 15 years.
The Fed said it will keep its two economists, Richard Deitz and Jaison Abel, on staff in Buffalo to continue their work on the upstate economy.
There is absolutely no evidence that these two economists are of any benefit.
The Buffalo News: Latest Local News: Fed to close Buffalo branch
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After last night, I am more convinced that Hillary will be the Democratic nominee for President. Obama needed to deliver a knock-out blow, but failed. Hillary won enough delegates to ensure a convention fight. The Clinton’s political power is sufficient to win a convention battle.
Hillary has a couple of choices. It has been hinted, in the news this morning, that she wouldn’t mind heading up a ticket with Obama as her choice for V.P. If Obama is not interested, Hillary will come up with a candidate for V.P. that will enable her to wrest enough delegates to win the nomination. Never under-estimate a Clinton. Wesley Clark comes to mind as the ideal running mate (from an election perspective) for Hillary. A strong V.P. would overcome the fact that she is a woman (yes, it does matter to some people).
Obama has a couple of negatives. One is lack of substance and experience, the other is that people still exist who will not vote for a black president. I whole heartedly agree that his first negative is completely valid. I do not subscribe to the race issue, but it is still a reality that needs to be considered. I don’t think Barack can come up with a V.P. candidate who would overcome both of those negatives.
The bottom line is that a convention battle favors Hillary.
