Wilmington NC – [Click the Listen button to hear Dennis' commentary.]
As every observer of economic events knows, the Federal Reserve has held short term interest rates at a 46-year low of 1 percent since last June. Recently, speculation has begun that interest rates will soon rise. Indeed, Fed chairman Alan Greenspan recently said that the Bank would no longer be ?patient? in raising rates. Of course, no one ? certainly not this commentator ? knows exactly what patient means.
Like many a parent in these late days of spring, Paul finds himself adjusting to an empty nest.
By Paul Wilkes
Wilmington NC – [Click the Listen button to hear Paul's commentary.]
I sat for a moment on the unmade bed of my son Daniel. And I inhaled deeply. In Daniel?s bedroom, there is a certain scent. Not a bad odor or anything like that, just his unique scent. That of a strapping eighteen-year-old boy.