Tuesday, September 18, 2012

DailyMarkets.com - Fire: Environmentalist’s Way To Thin The Forests

DailyMarkets.com - Fire: Environmentalist’s Way To Thin The Forests


Fire: Environmentalist’s Way To Thin The Forests

Posted: 18 Sep 2012 05:22 AM PDT

From Terry Anderson’s editorial in today’s WSJ “Environmental Protection Up in Smoke”: 
Environmental laws since the 1970s require public input into federal land-use decisions including logging on national forests. This has led to lawsuits challenging efforts by the U.S. Forest Service to prevent forest fires by thinning out trees (most of which are dead or diseased) and brush by machines and carefully controlled burns. This dead wood is the fuel that feeds catastrophic … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Sept 18, 2012: RBA Says Has Room To Cut Rates

Posted: 18 Sep 2012 05:22 AM PDT

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Reserve Bank of Australia says it has room to cut interest rates (Herald Sun)
Defining Bernanke’s new Fed target (Bloomberg)
Bank of Japan feels the heat to act (CNBC)
Fed’s Plosser: New easing … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Turkey Holds Repo Rate Steady, Cuts Ceiling Rate On Corridor

Posted: 18 Sep 2012 05:06 AM PDT

    The Central Bank of the Republic of Turkey held its benchmark one-week repurchase rate steady at 5.75 percent but cut the ceiling on its interest rate corridor by 150 basis points to 10 percent from 11.5 percent, a move the central bank had signaled last month.
    The central bank, which last month said that it may narrow the interest corridor “in the forthcoming period,” maintained the lower limit on the corridor at 5.0 percent. 
    The bank … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Making Sense Of Mortgage Rates And Regulations

Posted: 18 Sep 2012 03:26 AM PDT

The Federal Reserve has already purchased billions in mortgage-backed securities via prior iterations of quantitative easing. The "QE-infinity" announced just last week is targeted at purchasing hundreds of billions more in MBS.
There is certainly a lot going on within the world of mortgages. Not all of it is necessarily good. I remain steadfast in my defense of fair and transparent markets. That said, it should be no surprise that more regulations do not necessarily mean better … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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