Forecasts Are Lowered by Fed.

Federal Reserve officials lowered their forecasts for growth and employment this year and next, underscoring the Federal Open Market Committee’s statement today that the recovery “is continuing at a moderate pace, though somewhat more slowly” than previously expected.Link

Ron Paul has won..............

Now Newt Gingrich and Tim Pawlenty are parroting Rep. Ron Paul (R-Texas) in criticizing the Federal Reserve Board while Mitt Romney and a growing number of congressional Republicans are beginning to sound like traces of Ron Paul regarding Afghanistan.Link

‘daunting’ long-term budget outlook.

The Congressional Budget Office (CBO) released its Long-Term 2011 Budget Outlook Report, Wednesday, with dire projections for the nation’s fiscal future if the current path is not changed. The CBO called its budget outlook “daunting.”.Link