GBP Falls for Fourth Week, Quantitative Easing Expected

The Great Britain pound posted the fourth straight weekly decline against the US dollar and the Japanese yen as the fundamental data signaled that the nation’s economy is stagnating, prompting the speculation the UK central bank will be required to embark on a quantitative easing.

Filling in the blanks for Bill Keller

Based on his opinion of the state of the Obama adminsitration, fmr. NYT Executive Editor Bill Keller needs someone to fill in some blanks, primarily between his ears:

Palin’s smarter than people think, says — Ralph Nader

Almost two weeks ago, I noted that the New York Times seemed shocked, shocked that Sarah Palin had suddenly turned into an anti-establishment conservative populist in a Labor Day weekend speech in Iowa. The Gray Lady wasn’t the only media outlet who missed, well, almost all of Palin’s political career. Salon’s Justin Elliott was so stunned by the speech that he turned to Ralph Nader to analyze the sudden new direction taken by Palin. Nader pronounced himself impressed:

Fast & Furious: FBI may have covered up third gun found at scene of agent’s death to protect informant

Two new pieces of the puzzle here, one published 10 days ago and the other just this afternoon. We already knew that Border Patrol agent Brian Terry was murdered in December with two AK-47s sold by the ATF through the F&F operation. That’s what broke the scandal open, of course — American law enforcement gunned down with weapons ingeniously provided to Mexican drug cartels by … American law enforcement. What we didn’t know until recently is that there might have been more than two guns recovered at the scene. Enter CBS brandishing a snippet of audio between an ATF agent and the gun dealer who assisted the ATF in selling those AK-47s that points to three guns having been found. Why didn’t we know that? Because the legal filings in the case took care not to mention it: