Originally published on Wed September 18, 2013 3:36 pm
As House Republican leaders acquiesce to their Tea Party faction and tie a government spending renewal to the defunding of Obamacare, don't look for much cheering from the Senate minority leader's office.
That's because what had largely been House Speaker John Boehner's problem now becomes Kentucky GOP Sen. Mitch McConnell's problem — at least for the next steps of this drama.
Lots of listeners read all kinds of messages into The Beatles' White Album, but nothing compares to the album's impact on Charles Manson. He heard it as a message to him and his followers — known as "The Family" — that the world was on the verge of an apocalyptic race war in which blacks would rise up against their white oppressors and enslave them.
This battle would be set off by an event called Helter Skelter, after the eponymous Beatles song, and Manson planned to lead his followers into the desert, where they would hide until the chaos ended.
Originally published on Wed September 18, 2013 6:28 pm
The Federal Reserve said today that it is not slowing down its monthly purchase of $85 billion in bonds.
The program is intended to stimulate a sluggish economy and the Fed was widely expected to announce that in light of a recovering economy, it was tapering the bond-buying program. Instead, it delivered a surprise that caused the markets to jump, as the Dow and the S&P closed at record highs.