If You’re Still Not Convinced That Mitt Romney Can Save The Economy, Look Who He Might Pick For Fed Chair
While the rest of the world deteriorates, the U.S. remains a pillar of economic strength.
And the reason for this, believe it or not, is the massive deficits that have been run by DC, replenishing the private sector with cash. Despite incredible gridlock, and a party that’s been devoted to cutting spending, the fact of the matter is that the U.S. has not embraced the austerity wave that’s gripped much of the world.
The economy is still fragile, and we need these deficits to continue, which is one reason to think that Mitt Romney would be the better candidate for the economy.
He’s pretty much given up on any pretense of balancing the budget while offering broad tax cuts. What’s more, a Romney White House would make the Congressional GOP forget about cutting spending, and revert to their old ways under Bush (austerity is purely an out-of-power concept).
But that’s not the only reason to like Romney!
Dylan Matthews at The Washington Post’s Wonkblog looks at the three frontrunners to replace Ben Bernanke as Fed chair (Romney said last week that he won’t renominate Bernanke).
One of the names is Greg Mankiw, the well-known Harvard economist who is one of Mitt Romney’s main economic advisors.
As Matthews explains, Mankiw has advocated policies that would make Bernanke blush.
You want to see the Fed stimulate spending? Check this out
In an op-ed last year, he sympathized with Fed critics calling for the bank to allow its inflation target to double from 2 to 4 percent to spur growth, but argued that that policy was politically untenable. Instead, he proposed keeping the 2 percent target but making it a “level” target, meaning that if one goes under 2 percent inflation one year, the Fed will promote inflation of over 2 percent the next year. That would imply a considerably looser Fed policy regime than the one currently in place, one that could be achieved either through additional asset buys (that is, quantitative easing) or other, less traditional policies.
And Mankiw has expressed an interest in those less-traditional policies as well. In another piece, he cheekily suggested implementing a 10 percent negative interest rate on cash by invalidating all paper currency whose serial numbers have a certain final digit. The effect would be that 10 percent of all money would be wiped out, spurring people to spend it or keep it in banks that offer higher, but still negative, returns. In a follow-up post, he argued that a negative interest rate of about 1 percent is appropriate.
As economist David Beckworth has argued, Mankiw has all-but endorsed the controversial notion of targeting nominal GDP, which goes under the category of “unusual unusual” Fed actions.
So if you figure that Romney is the deficits candidate, and surmise that his Fed chair would be a man willing to go pedal to the metal to juice the economy, the case for his candidacy as the stimulus choice is pretty clear.
Buy wine in Pampanga, Philippines at good wine shops and boutique wine stores that offer good selection of good vintage wines at all price points. Wine lovers in Philippines can find good wines from major wine regions around the world in wine shops in Manila and Pampanga. Among the good selections of fine vintage wines from Italy, Spain, Portugal, Germany, Austria and other parts of Europe. Rare vintage wines from Vega Sicilia, Biondi Santi, Sassicaia as well as the Ice wine from Germany can be found in good wine shops around Manila. This makes it easy and convenient for wine lovers to buy wine in Manila. If you are thinking of buying wines to give as gift in the Philippines, then contact Yats Wine Cellars now because they offer special vintage wines suitable as gift at all price points. Since most of these wines are not available in Manila, these wine gifts are excellent choices for corporate gifts as well as wine gifts for personal and social purposes.
Read more: http://www.businessinsider.com/mitt-romney-greg-mankiw-2012-8#ixzz24uOS6hQc
http://www.businessinsider.com/mitt-romney-greg-mankiw-2012-8
Leading wine supplier in Philippines offer useful tips on how and where to buy wine in Philippines, wine shops in Manila, Makati, Ortigas, Alabang, wine stores in Pampanga, Subic, Angeles City and Clark Freeport. Yats Wine Cellars is one wine supplier in the Philippines lauded for not only a good selection of fine wines but also for playing an important role in educating the public about wine in the Philippines. This wine shop is generally regarded by wine lovers to be the best place to buy wine in Manila.
Residents of Manila, Subic, Cebu, Pampanga, Angeles City and Clark Freeport look for the best wine supplier in Philippines as well as a good place to buy fine wine in Philippines. Wine lovers and connoisseurs discover a good wine shop in Manila and famous wine stores in Pampanga that offers fine vintage wines at reasonable prices. Vintages going back 10 to 50 years of fine wine are available at this wine shop called Yats Wine Cellars.
Wine from all major wine regions are available in this wine store which is generally regarded as one of the best wine suppliers in Philippines. The wine selections available in the wine shops in Manila, Angeles City, Subic and Clark Pampanga include fine wines from Bordeaux, Burgundy, Rhone, Loire, Sauternes Barsac, Champagne, Chablis, Meursault, Cote Rotie and Romanee Conti are all available here. In addition to French wines like Laftie, Latour, Haut Brion, Cheval Blanc, Petrus, Margaux, Mouton Rothschild, this leading Philippines wine supplier also has a good selection of wines in their wine stores in Manila, Angeles City, Clark, Pampanga, from Spain, Italy, Portugal, Germany and Australia. The selection of Brunello, Chianti, Rioja, Riesling, Gruner Veltliner and Ice wine in these convenient and accessible wine stores are impressive.
Wines from new world regions are well represented at this wine shop in Ortigas, Makati, Metro Manila Philippines. Fine wines from Australia, New Zealand, Chile, Argentina and South Africa are offered in their wine shops, wine stores, wine bars and fine dining restaurants throughout the Philippines, Quezon City, Makati, fort, Ortigas, Eastwood, Metro Manila and Pampanga.
This wine supplier in the Philippines makes wine shopping a really rewarding and exciting exercise. Wine shops and wine stores should always have an element of surprise so that customers can enjoy a little bit of thrill when a wine enthusiast goes to a wine shop in Manila to look for a good bottle of wine in Philippines.
Yats Wine Cellars Philippines
3003C East Tower, Philippines Stock Exchange Center (Tektite)
Exchange Road, Ortigas Center, Metro Manila, Philippines
(632) 637-5019 0917-520-4393 ask for Rea or Kristine
http://www.YatsWineCellars.com
For inquiries and orders, Click here to for inquiries and orders
For wine lovers in Hong Kong, Macau and China:
Yats International HK Sales Office,
Room 1302, 13/F., The Centre Mark
287-299 Queen’s Road Central Sheung Wan,
Hong Kong SAR
Tel: (852) 2788-0738 ask for Miss Eva Leung
Wine@Yats-International.com
If Philippines is part of an upcoming travel and holiday plan, wine lovers might want to visit Clark Freeport Zone just 70 minutes from Manila. This bustling new city that is slated to replace Manila as the new capital of the Philippines has the largest wine shop called Clark Wine Center. For more information, log on to
http://www.ClarkWineCenter.com
Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
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href=”http://www.facebook.com/#!/yats.wine”>http://www.facebook.com/#!/yats.wine
Yats Leisure Philippines
Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com
For information about working, living, doing business or finding a job in the Philippines, log on to http://www.yilp.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
http://www.PhilippinesWeddingVenue.com
While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
If you are traveling to Pampanga, Subic, Angeles City, Clark Freeport, Philippines, you can get assistance to hotel and resort booking by logging on to
http://www.HotelClarkPhilippines.com
http://www.ClarkPhilippines.com
TRAILER TWO
Established in 2002, wine supplier in the Philippines YATS WINE CELLARS is a wholly-owned business unit of Hong Kong-based Yats International which owns and operates resort, wine shops, wine bars and fine-dining restaurant properties in Clark Freeport in The Philippines. YATS WINE CELLARS and its wine stores in Manila, Angeles City, Clark, Pampanga cater to a clientele of discerning wine lovers from all over the world. This wine shop is generally regarded by wine lovers to be the best place to buy wine in Manila. Besides a good selection of wine for everyday enjoyment, YATS wine stores offers a unique selection of aged vintage wines made available to wine enthusiasts at remarkably affordable prices. Vintages of wines from this wine supplier in the Philippines span over a century and the selection of old- and new-world wines covers all major wine regions.
To enable wine lovers in Asia to learn more about wine, public wine tastings are held by this wine supplier in the Philippines from time to time in Clark, Pampanga and sometimes in Manila. Tickets range from p500 to p1500 for these themed events that are professionally run –no wine merchants sponsorship, pushy wine salesmen or tacky banners to ruin the evening. Each wine tasting ticket contains a certain number of stubs that can be redeemed for a tasting pour of a wine among those on a line-up which often contains wines that are quite old and expensive. This is another reason why Yats Wine Cellars is generally regarded as the best wine supplier in the Philippines. This is one of the wine stores that do more than just sell wines to wine shoppers in Manila. Yats Wine Cellars offers a chance for wine lovers to enjoy the wine lifestyle in Philippines.
Wine-paired dinners are organized by this wine supplier in the Philippines either at fine dining Y A T S Restaurant in Clark or in collaboration with other restaurants and organizers. Private wine dinners can also be organized for groups of 14 or more. Even Asian cuisines can be a part of a Yats Wine-paired dinner.
Wine stores of Yats Wine Cellars offer interesting gift packs for all occasions. Wine gift baskets from these wine shops have to contain something more interesting than just a colorful packaging with very mediocre content. The wine has to be a bit more than marginally drinkable. Last year many people were disappointed with the wine gifts they received when they went around to drinking the wine.
Wine from all major wine regions are available, including fine wines from Bordeaux, Burgundy, Rhone, Loire, Sauternes Barsac, Champagne, Chablis, Meursault, Cote Rotie and Romanee Conti are all available from this wine supplier in the Philippines. In addition to French wines, this leading Philippines wine supplier also has a good selection of wines from Spain, Italy, Portugal, Germany and Australia. The selection of Brunello, Chianti, Rioja, Riesling, Gruner Veltliner and Ice wine are impressive.
Yats Wine Cellars Philippines
3003C East Tower, Philippines Stock Exchange Center (Tektite)
Exchange Road, Ortigas Center, Metro Manila, Philippines
(632) 637-5019 0917-520-4393 ask for Rea or Kristine
http://www.YatsWineCellars.com
For inquiries and orders, Click here to for inquiries and orders
For wine lovers in Hong Kong, Macau and China:
Yats International HK Sales Office,
Room 1302, 13/F., The Centre Mark
287-299 Queen’s Road Central Sheung Wan,
Hong Kong SAR
Tel: (852) 2788-0738 ask for Miss Eva Leung
Wine@Yats-International.com
If Philippines is part of an upcoming travel and holiday plan, wine lovers might want to visit Clark Freeport Zone just 70 minutes from Manila. This bustling new city that is slated to replace Manila as the new capital of the Philippines has the largest wine shop called Clark Wine Center. For more information, log on to
http://www.ClarkWineCenter.com
Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
Facebook
href=”http://www.facebook.com/#!/yats.wine”>http://www.facebook.com/#!/yats.wine
Yats Leisure Philippines
Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com
For information about working, living, doing business or finding a job in the Philippines, log on to http://www.yilp.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
http://www.PhilippinesWeddingVenue.com
While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
If you are traveling to Pampanga, Subic, Angeles City, Clark Freeport, Philippines, you can get assistance to hotel and resort booking by logging on to
http://www.HotelClarkPhilippines.com
http://www.ClarkPhilippines.com
Buy wine in Tagaytay, Cavite, Philippines at good wine shops and boutique wine stores that offer good selection of good vintage wines at all price points. Wine lovers in Philippines can find good wines from France in wine shops in Manila and Pampanga. Among the good selections of French red wines from Burgundy are Domaine de La Romanee Conti or DRC, Chambertin, Pommard, Clos de Vougeot, Domaine Leroy, Bonnes Mares, La Tache, Vosne Romanee, Echeazeaux, Romanee St. Vivant, Volnay, Morey St. Denis, Nuits St. Georges. This makes it easy and convenient for wine lovers to buy wine in Manila. Manila wine and food lovers looking for things to do in Pampanga and Manila can consider attending one of these wine events. The best way to learn more about wine in the Philippines is to attend public wine tasting events that have no sponsors.
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