The Sy Hersh effect: killing the messenger, ignoring the message

Panics, Politics, & Power: America's 3 Experiments With Central Banks Authored by Andrew Moran via The Epoch Times, The Federal Reserve, established more than a century ago, is the United States’ third experiment with central banking. For much of its existence, the institution maintained a low public profile. Only after the 2008 global financial crisis did the Fed begin communicating more openly, introducing post-meeting press conferences and allowing monetary policymakers to engage more frequently with the media. Greater transparency, however, has brought greater scrutiny. Public sentiment toward the Fed and its leadership has fluctuated over...

Twelve US F-22 Raptor fighter jets that departed the UK on Tuesday have arrived at an Israeli Air Force base in southern Israel, Ynet has reported, as the US continues its massive military buildup in the Middle East to prepare for a potential attack on Iran. The F-22s arrived in the UK last week, part […]

Iran Will Be "Finding Out" Over Next 10 Days, Trump Says, But Asserts "Good Talks" Update(1021ET): As has become typical, President Trump is all over the place - his intentions ever more difficult to interpret - at a moment the media has highlighted Iraq war levels of military build-up in the Middle East with an eye on potential attack on Iran. On Thursday he oversaw the inaugural meeting in Washington DC of the Board of Peace related to Gaza. In televised remarks he surprisingly called tense negotiations with Iran "good talks". But then he...