Current Events

2.50%

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…

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Welcome to “Chelmsford Patch”

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…

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Caritas to Cerberus: AG Coakley Needs to Take the Long View

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…

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Rich Clears Up the Mosque Fog; Dowd Says Mob’s Mad; Cavett Urges Get Real; Rudy Rejects Plan

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.…

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Archeology at St Patrick’s

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…

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