Coming as a replacement to perhaps the biggest dove in Fed history, few were expecting former Goldman and Pimco staffer Neel Kashkari to be as vocally outspoken on a topic that is so near and dear to regulators everywhere: their own cluelessness, and more importantly, the topic of "too big to fail" banks, which according to the Fed are a pillar of stability in an unstable world, and which according to Kashkari are anything but.

The American Conservative is currently accepting applications for a summer editorial assistant position. The deadline for applications is Friday, March 11.

Editorial interns gain experience in all aspects of producing the website and print magazine. This internship offers real experience in all the moving parts of a media organization and exposure to both editorial and marketing projects.

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The race for the Republican presidential nomination went from circus to melee over the weekend.

The latest debate saw the candidates hurling insults at one another on stage in a truly epic (if absurd) verbal grudge match that at times appeared as though it might devolve into a fist fight. As Donald Trump acknowledged in an interview with CNN, the hopelessly contentious nature of the race threatens to weaken the GOP going into the national elections.

Hope for production cuts were dashed early on as producers agreed to no change from the record high levels of production January - which Barclays says means 1mm bpd excess supply at current levels. However, following a Genscape report suggesting a major 705k build in Cushing crude inventories, WTI just broke down to a $28 handle (down over 8.5% from overnight highs)...