Thursday, September 3, 2015

Briefly...


The Fed
Face it: the potential increase in the Federal Funds Rate of one quarter of one per cent is purely symbolic.  While it may "roil" the markets, it will have virtually no impact on the real economy.  Assuming you're not a hedge fund manager, you really shouldn't give a damn.

The Iran Deal
Britain, France, China, Russia, and Germany made it perfectly clear that they would not maintain sanctions on Iran if the USofA failed to approve the deal, so all the opposition came down to Republicans determined to foil every Obama initiative and Democrats sucking up to AIPAC.  Thank you Barbara Mikulsky for finally dampening the bullshit, and screw you both, Chuck Schumer and Robert Menendez.

"Female Viagra"
Flibanserin, aka Addyí™, is not "female Viagra."  Viagra is just a boner pill, which allows older men with declining sex drive to fake it.  Flibanserin actually increases libido in some women willing to risk a long list of possible side effects.  Women don't need a Viagra-like drug because they already are quite capable of faking it without medical assistance.  If Valeant actually intends to pay Sprout Pharma a billion bucks for the rights to flibanserin, I'd sell my Valeant stock ASAP. 

Trump v. Sanders
Now wouldn't that be amusing, in a scary sort of way!

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