Don’t Worry Folks, The Fed Says Stocks Aren’t Overvalued

Remember when the Fed got its Series 7 and Series 63, and was solely engaged in the business of advising on stock valuation? Neiter do we. But that doesn’t prevent it from now openly opining on what it thinks is the fair value of stocks:

  • FED’S WILLIAMS SAYS U.S. STOCKS AREN’T OVERVALUED

So, the implication is one should buy stock then?

And if the market craters tomorrow, the Fed will surely make everyone who listened to this non-voting moron who has made a complete mockery of the Fed’s inflation and full employment mandates and replaced them with the “fair stock value” mandate, whole at the expense of all the other taxpayers, right?

Finally, since the market is not overvalued here, what is the Fed’s price target on the S&P 500, oh unregistered financial advisors-cum-Princeton academics of the Marriner Eccles building.


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/Aw7zzTaAcn4/story01.htm Tyler Durden

Barlow uses ‘snide, personal attacks’

I was very disappointed to read the article that headlined your Jan. 1, 2014 edition of The Citizen, the article which uses snide personal attacks from Mr. Barlow, a fellow Fayette County commissioner, to malign Commission Chairman Steve Brown.

Surely Steve deserves better than to be tarred with the scandalous brush of someone with an obvious vendetta against him.

So the Atlanta Regional Commission “despises” Steve Brown? Are we to take Mr. Barlow’s word for that, or did anyone actually contact a member of the Atlanta Regional Commission to find out what the real situation was?

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via The Citizen http://www.thecitizen.com/node/17150

4-way stop: No promises

I believe that I am the person who initiated the request for some accommodation to allow golf carts to cross Redwine Road at the Quarters/Birkdale intersection.

The presidents of the Whitewater Creek and Highgrove subdivisions have shared my interest in finding a way to meet this need.

After considerable discussion we all agreed that the most practical approach would be to install a four-way stop at the intersection.

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via The Citizen http://www.thecitizen.com/articles/01-07-2014/4-way-stop-no-promises

Can we even believe Barlow?

After reading the article about Brown vs. Barlow I had to respond.

First, the article says, “Barlow contends if Brown wants to publish his title with such writings, he should get input from his fellow commissioners before sending them, or instead simply sign it in his individual role as ‘Fayette County Commissioner.’”

Since when does someone with a title have to ask others if he has permission to use it? Is this in the rules somewhere or is Mr. Barlow just making up things as he goes?

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via The Citizen http://www.thecitizen.com/articles/01-07-2014/can-we-even-believe-barlow

Barlow and schoolyard pettiness

Commissioner David Barlow has made his feelings known, in no uncertain terms, about Commission Chairman Steve Brown. However, he has failed to say that Steve Brown works longer and harder than any other commissioner on the board.

Chairman Brown works for this county no less than 10 to 14 hours each and every day.

He attends meetings throughout the region and state that the other commissioners could attend, but don’t. Mr. Brown regularly attends ARC, regional transportation, adjacent county meetings, etc.

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via The Citizen http://www.thecitizen.com/articles/01-07-2014/barlow-and-schoolyard-pettiness

What has Barlow accomplished?

After so many accomplishments by the 2013 County Commission, I was appalled at Commissioner Barlow’s irresponsible comments about the commission chairman in last week’s paper.

Citing a lack of leadership by the chairman is awfully rich coming from Mr. Barlow, who in my recollection hasn’t initiated, coordinated, and completed a single action of significance to Fayette County’s citizens.

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via The Citizen http://www.thecitizen.com/articles/01-07-2014/what-has-barlow-accomplished

Chairman Brown defends his position, freedom of speech

If you read the newspaper last week, you will know there was a unique expression of dissatisfaction with my performance as county commission chairman in 2013. A few people who know us wishes this could been settled behind the scenes, but it is what it is, and I really do not think it would have made much of a difference anyway.

The news media was informed my removal was necessary because I was only able to attend a few of the various Christmas parties held in different departments. That is certainly true as I did have schedule conflicts and work projects that got in the way.

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via The Citizen http://www.thecitizen.com/articles/01-07-2014/chairman-brown-defends-his-position-freedom-speech

Rep. Mabra: Bill will take away patients’ right to sue'

As a state representative and an attorney, I have the unique privilege of representing Georgians at both the Capitol and in the courtroom.

And whether I am fighting to obtain justice for a client or advocating for Georgians’ rights under the Gold Dome, one thing remains constant: I always act in the best interest of those whom I have the honor of representing.

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via The Citizen http://www.thecitizen.com/articles/01-07-2014/rep-mabra-bill-will-take-away-patients%E2%80%99-right-sue

Rep. Mabra: Bill will take away patients’ right to sue’

As a state representative and an attorney, I have the unique privilege of representing Georgians at both the Capitol and in the courtroom.

And whether I am fighting to obtain justice for a client or advocating for Georgians’ rights under the Gold Dome, one thing remains constant: I always act in the best interest of those whom I have the honor of representing.

read more

via The Citizen http://www.thecitizen.com/articles/01-07-2014/rep-mabra-bill-will-take-away-patients%E2%80%99-right-sue