“I do not believe economic conditions are likely to warrant an exceptionally low federal funds rate for so long,” Lacker said in a statement on the Richmond Fed’s website explaining his dissent from the central bank’s Jan. 25 decision to pledge keeping its benchmark interest rate near zero “at least through late 2014.”
“I expect that as economic expansion continues, even if only at a moderate pace, the federal funds rate will need to rise in order to prevent the emergence of inflationary pressures,” said. - Bloomberg
Economic Policy
Bloomberg – Lacker Says Fed May Need to Raise Rates Before Late 2014
Reason Magazine - Ener1 Goes Bankrupt, Becomes Second or Third Next Solyndra
Property Rights
CBS News – New Hampshire Blocks Eminent Domain for Northern Pass
TSA and Travel Freedom
Examiner – Senate Bill Seeks Study on TSA Body Scanners Radiation
NDAA
The New American - Montana Launches Recall Efforts Against NDAA Supporters
Second Ammendment Rights
MLive - U.S. Rep. Justin Amash Introduces Bill to Stop Federal Gun Sale Reporting Requirement
Internet Freedom
The Atlantic - The FBI Wants to Read Your Tweets