Minneapolis Mayoral Race 2013 As the saying goes, “close only counts in horseshoes, hand grenades and slow dancing.” To those three, now add a fourth: so-called “ranked choice voting” — also known as “instant run-off voting” — which is how Minneapolis will select its next Mayor this Tuesday. I happen to be a HUGE proponent...Read More
Ben Bernanke, Flame-Thrower In an ideal world, investors would allocate capital to the stock market because the potential returns were attractive. Not because The Federal Reserve had obliterated all the alternatives. Yes, the Fed’s announcement that it would keep interest rates at zero through 2013 arrested the markets’ free fall (and has the added, noxious...Read More
