Well, if like me, you're more than a little mystified by Operation Twist, the Federal Reserve policy that's being extended, join me now for a four-minute tutorial. We've got a very classy tutor, economics professor Alan Blinder of Princeton, who is a former Fed vice chairman. Welcome back to the program.
It's like discovering a distant cousin, a really distant cousin. It's like learning that someone you had barely heard of is actually part of the family. In this case, the family is the Indo-European family of languages. And the umpteenth cousin is a language called Burushaski. It's spoken by about 90,000 people, the Burusho people, and nearly all of them live in Pakistan. A few hundred live in India.
Just to give a sense of what it sounds like, here's a joke in Burushaski that we came across online.
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The House Oversight and Government Reform Committee voted today to hold Attorney General Eric Holder in contempt of Congress. He's accused of refusing to turn over certain documents related to the controversial gun-trafficking operation known as Fast and Furious.