Monday, December 06, 2010

Feds block workers from WikiLeaks, mirror sites | Privacy Inc. - CNET News

Feds block workers from WikiLeaks, mirror sites | Privacy Inc. - CNET News: "Mark Leininger, Fermilab's computer security manager, wrote in an internal newsletter that WikiLeaks' Web site was being blocked because workers at the Batavia, Ill.-based lab could be at risk if they view classified information without being specifically approved for it."

Reminds me of an ostrich sticking its head in the ground.

FoxNews.com - Ben Bernanke Says Congress Should Not Cut Spending or Boost Taxes

FoxNews.com - Ben Bernanke Says Congress Should Not Cut Spending or Boost Taxes: "Lou Crandall, chief economist at Wrightson ICAP, said Bernanke is right that the Fed's purchases won't significantly change the amount of money circulating in the economy. That's mainly because banks aren't lending most of the money they already hold in reserve. When the Fed buys Treasurys, it increases the reserves in the banking system. For those reserves to actually 'create' money, the banks would have to lend it."

So it only sows the seeds for inflation.