In the realm of online news, the New York Times is one of the premier go-to sites that hundreds of thousands of news surfers around the world check in with every day. On March 18, the Times announced that it would end the free usage online readers have accessed for the past 15 years, and would begin to charge for unlimited access to its site.
The House Domestic Monetary Policy and Technology Subcommittee concluded in hearings March 17 — apparently boycotted by committee Democrats — that the Federal Reserve Bank's inflationary policies were hurting retirees at the expense of the economy's financial sector. The House Domestic Monetary Policy and Technology Subcommittee is chaired by Representative Ron Paul (R-Texas), a longtime critic of the Federal Reserve's inflationary policies.
Food prices are rising quickly around the world. Part of the problem is weather. The winter wheat crop in China has been poor. Australia has suffered floods, while Russia has undergone a drought. The earthquake and tsunami in Japan, no doubt, will hammer the very intensive agricultural production of the limited arable land on that archipelago.
While the mainstream media have jumped at the opportunity to report on possible nuclear meltdowns in Japan, alerting Americans on the west coast to beware potential radiation (and are also likely to use the opportunity to push an anti-nuclear energy agenda), they have wholly ignored the more critical impending meltdown: that of the Japanese bond market, which would have a severe impact on the American market.