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Richmond Fed's "Uber-Hawkish" President Jeffrey Lacker To Retire

Richmond Fed's "Uber-Hawkish" President Jeffrey Lacker To Retire

Just three months after Atlanta Fed president Dennis Lockhart announced he would step down as president effective February 28, moments ago another (non-voting) FOMC member, the uber-hawkish president of the Richmond Fed, Jeffrey Lacker, 61, also decided to call it quits as well, and on Tuesday said he will retire as president and chief executive officer of the Federal Reserve Bank of Richmond on Oct. 1, after 28 years at the Richmond Bank.

2016: The Terrible, Horrible, No Good, Very Bad Year

Submitted by John Whitehead via The Rutherd Institute,

“What’s past is prologue.” ? William Shakespeare, The Tempest

What a terrible, horrible, no good, very bad year this has been.

Endless wars. Toxic politics. Violence. Hunger. Police shootings. Mass shootings. Economic downturns. Political circuses. Senseless tragedies. Loss. Heartache. Intolerance. Prejudice. Hatred. Apathy. Meanness. Cruelty. Poverty. Inhumanity. Greed.

Here’s just a small sampling of what we’ve suffered through in 2016.

History Shows How Rare and Valuable Freedom of Speech and Freedom of the Press Are

The Founding Fathers protected freedom of speech and freedom of the press as the most important liberties.

They are protected in the First Amendment to the U.S. Constitution.  And as discussed below, the Founders recognized that the ability to speak freely was the foundation for all other freedoms.

Thousands of years of history shows how rare and valuable such freedoms really are …

Socrates

Socrates was killed in 399 BC for “failing to acknowledge the gods that the [government] acknowledges”.

Using the Printing Press

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