Marketplace for Thursday, December 5, 2013
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New York Mayor Bill de Blasio has appointed former Los Angeles police chief Bill Bratton as head of the NYPD. Why is it that the list of top candidates for the top policing jobs in the U.S. is such a short one? The same candidates seem to reappear time and time again. Plus, a deal to avoid another government shutdown seems to be coalescing around increasing revenues – but not taxes. The government would bring in additional money through user fees. And finally, revised GDP numbers juiced the market today, but the reality behind the data should give us pause. The number’s big because inventories were high last quarter.
Posted In: change, TSA, veterans
Well that's nice of us.
Posted In: Federal Reserve, fiat money
The Federal Reserve has been creating money to the tune of about $85 billion dollars a month. But the first time a central bank tried to do that...it didn't go over so well.
Posted In: movies, marketing, anchorman
Plus a QUIZ: Which character from Anchorman do you think should co-host with Kai?
Posted In: New Orleans, gentrification, housing market
As New Orleans and its economy attract more college-educated residents, gentrification comes to once-poor neighborhoods on high ground.