Queen Victoria

Queen Victoria, Queen Victoria (Alexandrina Victoria; 24 May 1819 – 22 January 1901) was the monarch of the United Kingdom of Great Britain and Ireland from 20 June 1837 until her death. From 1 May 1876, she used the additional title of Empress of India.

Victoria was the daughter of Prince Edward, Duke of Kent and Strathearn, the fourth son of King George III. Both the Duke of Kent and King George III died in 1820, and Victoria was raised under close supervision by her German-born mother Princess Victoria of Saxe-Coburg-Saalfeld. She inherited the throne at the age of 18, after her father’s three elder brothers had all died leaving no legitimate, surviving children. The United Kingdom was already an established constitutional monarchy, in which the Sovereign held relatively little direct political power. Privately, Victoria attempted to influence government policy and ministerial appointments. Publicly, she became a national icon, and was identified with strict standards of personal morality.

Victoria married her first cousin, Prince Albert of Saxe-Coburg and Gotha, in 1840. Their nine children married into royal and noble families across the continent, tying them together and earning her the nickname “the grandmother of Europe”. After Albert’s death in 1861, Victoria plunged into deep mourning and avoided public appearances. As a result of her seclusion, republicanism temporarily gained strength, but in the latter half of her reign, her popularity recovered. Her Golden and Diamond Jubilees were times of public celebration.

Queen Elizabeth

Queen Elizabeth, Queen Elizabeth II’s husband is expected to spend a second night in a hospital where he is recovering from a heart procedure, palace officials said Saturday.

Prince Philip, 90, had a coronary stent put in late Friday to fix a blocked artery, though the palace has refused to say if he had a heart attack.

On Saturday, Philip — also known as the Duke of Edinburgh — received visits from the queen and his four children at Papworth Hospital, where he was admitted after experiencing chest pains at the queen’s Sandringham estate in Norfolk.

The illness has cast a shadow over the royal family’s traditional Christmas gathering at Sandringham — the first to include Prince William’s new wife, Catherine. Buckingham Palace said Philip is not expected to attend church Sunday with his family, but that the service will go on as planned.

A helicopter brought Elizabeth to her husband’s side at Papworth Hospital, about 70 miles (115 kilometers) from London, shortly after 11 a.m. (1100 GMT, 6 a.m. EST) on Saturday. She was accompanied by three of her children — Princess Anne, Prince Edward and Prince Andrew.

Philip is “in good spirits, but he is eager to leave,” Buckingham Palace said. After spending 45 minutes with Philip, the royals traveled back to Sandringham by helicopter, it added.

The palace said Prince Charles and his wife, Camilla, arrived by car at the hospital 45 minutes after the queen for a separate visit and that no other family members were expected to visit on Saturday.

Doctors said Philip could have had a heart attack, but without more information it was impossible to know for sure.

Coronary stenting is standard procedure both to fend off a heart attack or save a patient already in the midst of one, said Dr. Allan Schwartz, chief of cardiology at New York-Presbyterian, Columbia University Medical Center.

Philip, who in November marked 64 years of marriage to the queen, has been known to enjoy good health throughout his life and rarely misses royal engagements. Upon his 90th birthday in June, he announced plans to cut back his official duties.

Qe2

Qe2, Dame while inflation of age. Dame while inflation of age. Dame while inflation of age, is good enough for me. The Federal Reserve has changed sides! Can you believe the Federal Reserve is in favor of inflation! I mean it’s like Superman encourage the Communists. The mission of the federal “has always been to fight inflation, not create it. But that’s exactly what they are doing. Of course, the truth is that regular readers of my reports have been known for years that the Fed inflationary joined the dark side of force. The Fed wants the commodity prices to inspire economic activity begin to fear that their activity is used or lost in relation to the purchasing power of their devalued dollars. The Fed wants inflation and know how to create and can not get in the way federal agencies.

It’s like I wrote the day after the quantitative easing March 1, 2009 when he said: “I fought the Fed and the Fed won. I fought the Fed and the Fed won. Money required for some prints, I fought the Fed and the Fed cattle. “I say,” Do not underestimate how the central bank can change the market. ” Fed time of this movement to quantitative easing market still has to come to grips with the effects of short and long term on the economy and markets. The only thing that is certain is that the rules have changed. And when it comes to a knife fight and the power of the Fed, there are no rules. Someone say one, two, three, gold! In a blink of an eye the Fed, with its unlimited power to print money, you can change the dollar value of a product or its long-term trend in an instant. In creating inflation and the money nothing can reverse the trend of commodity over as we know it and drive out demons deflation that particular time. Being short commodity has become a more dangerous and the Fed has put us on notice. At any time you can run the printing press and change the destination of goods.

They do not because it created a worldwide shortage of a product or due to soaring demand. It’s because the Fed has the ammunition to do so. At the same time, the Fed’s policy of quantitative easing is the simulation for the economy as a good old-fashioned cut interest rate, but at the same time, has the potential to be more inflation (especially commodities) . And now that the Fed has opened the Pandora’s box, from markets and now have a more complex element of them. Not only that the market seemed a bit surprised by the timing of the Fed of this historic and dramatic. Not that the market was on guard for the possibility, but after an Emmy, Ben Bernanke, is winning caliber performance in 60 minutes, the idea was that this silver bullet relief would be saved for another occasion. Is there an award for best actor for a president of the Fed and a cheerful disposition in a continuing role?

I asked at that time Why QE? There are two possibilities. One is that the economy is much worse than it looks. The other is that the Fed thinks things are getting better and wanted to give a little shock and awe stimulation of this weak recovery in the hope that it will become a full blast of unbridled economic growth. Inflation may be acceptable when it comes to economic growth. Fed’s bet is that this will stimulate the economy, eliminating the risk of deflation and reduce yields for mortgage companies and moving again.

The problem is that if we grow beyond the inflation risk, you get the dreaded stagflation. The fear is that the movement of the Fed may not be sufficient or simulation will not have the desired effect. For commodities and oil, if this is just a game of inflation, this is not good. If the oil is driven more just because the Fed is printing more money compared to the improvement in demand, as the Fed can actually damage the economic recovery. If the dollar continues to fall against other major world currencies, the Fed is in the same position weak dollar, which complained about earlier in this crisis. In other words, if the inflationary effect of oil is greater than the effect of economic stimulus of lower long-term, oil drag on the U.S. economy goes to the dreaded stagflation scenario.

Stagflation is a real danger for the Fed and its endless array of money. This is the largest federal commitment. It’s like their version of the surge in Iraq. It is make or break your time. If printing money can not change the direction of this economy, then leave the wheel barrel to fill with cash and try to open your portfolio in gold. If it works and the economy starts to grow, the Fed will have to put on the breaks and raw materials will fall. If the products remain strong and recovery will not keep up, then prices will start to fall again. That is until the Fed starts printing again. Now that the Fed is getting ready to print again and QE2 may be just around the corner!