The bias in terms of the Fed's idea of where they may go next is still in the direction of restraint.

The bias in terms of the Fed's idea of where they may go next is still in the direction of restraint,

Nixon was by nature a excluder. Halderman like to exclude people. When Nixon's need met Halderman's abilities, you had the most perfect formula for disaster. – Jim Shepley

I pick up a copy of Newsweek on the plane and immediately notice how biased, slanted, and opinionated all the U.S. newsmagazine articles are. Not that the Euro and British press aren't biased as well--they certainly are--but living in the United States we are led to believe, and are constantly reminded, that our press is fair and free of bias. After such a short time away, I am shocked at how obviously and blatantly this lie is revealed--there is the 'reporting' that is essentially parroting what the White House press secretary announces; the myriad built-in assumptions that one ceases to register after being somewhere else for a while. The myth of neutrality is an effective blanket for a host of biases.

When you are busy looking at your next step, how can you see where you are going?

I have no idea what's next. I simply don't have a clue.