gonna make this quick, ’cause it’s way too nice outside to be inside. i am going through my rss subscriptions just now, one of which is the bush/cheney reelection campaign blog. so i am reading this post, and i say to myself, why are they quoting the southbend tribune, rather than the beige book of which they speak? open the two up and compare the bush conclusion and the beige book summary and i think you’ll see why. bear in mind that the fed’s language towards the economy is somewhat akin to a tech analyst’s during the bursting of the bubble, given their fear that any negative news might panic the market.
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