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Today the yield on US Treasury 1-year bonds fell to 2.50%. Three months ago, it was above 3.25%. In April, it had actually peaked at 4%. A falling interest rate means that investors are worried about the long-term economic outlook of the United States. Many people have been arguing for…
Read More »I consider the Lowell Spinners to be unsurpassed in the field of minor league baseball promotions, but the Binghamton Mets, the double AA affiliate of the New York Mets, definitely earned honorable mention on Tuesday night with a “plunger giveaway.” The first 1000 fans into the park received a free…
Read More »There’s a new source of news in Chelmsford – the “Chelmsford Patch” launched recently as an online, constantly updated community newspaper with a full-time editor, an aggressive presence on Facebook and Twitter, and a heavy dose of reader generated content. Here’s how the Patch describes itself: Chelmsford Patch is your…
Read More »The press coverage of President Obama’s family vacation on Martha’s Vineyard has been a mixed bag of facts, speculation, jibs and criticism. It’s no surprise that our old friend Glen Johnson offers one of the better takes in this piece for the Associated Press. Another former Lowell Sun writer Mark…
Read More »Pundits are speculating that President Obama really meant it when he said he’d rather be a good one-term president than a mediocre two-term president. How unusual for a politician to stay focused on “now.” The Telegraph online in the U.K. yesterday published an opinion piece by Toby Harnden in which he questions…
Read More »With one of the six Caritas Christi Health Care facilities – Holy Family Hospital in Methuen – such an important Merrimack Valley institution, I’ve posted frequently about the role of Attorney General Coakley in the proposed purchase by Cerberus Capital Management – a New York private equity firm Cerberus. The editorial…
Read More »In today’s NYTimes, heavy-hitter columnist Frank Rich takes on the “mosque” controversy that has spread from Manhattan across the nation. Read his essay here, and consider subscribing to the NYT if you appreciate the writing and thinking. In a related national commentary, Maureen Dowd of the NYT worries that the U.S.…
Read More »Paul Sweeney, a citizen (photo) journalist, will join us occasionally with some of his superb pictures. Today Paul headed out into the Atlantic to do some fishing. He brought along his camera. I was invited to join Cap’n Bobby and 1st Mate Dominick blue-fishing off Plum Island this morning. We…
Read More »I joined the steady stream of visitors and well-wishers dropping by St Patrick’s church in Lowell yesterday to get a glimpse of the archeological dig now in progress. Three professors from Queens University in Belfast, Northern Ireland are engaged in a joint venture with UMass Lowell the object of which…
Read More »An absolutely gorgeous day on the Cape for the Obama family arrival this afternoon. At 10am temp in the mid-70’s – the sun is shining reflecting like diamonds off the water – there is a wonderfully cool breeze and the light blue sky is clear with a few random clouds.…
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