Monday round up.

Bloomberg reports the Federal Reserve will announce $500 billion in new purchases on Wednesday.

Also at Bloomberg, Caroline Baum worries about Fed easing.

On The Kudlow Report, Rand Paul discusses his concerns about the dollar:




At Forbes, John Tamny advocates eliminating tax breaks in order to lower tax rates.

On The John Batchelor Show, Tamny explains why businesses and consumers are holding cash.

At Bloomberg, Kevin Hassett supports divided government.

Also on Kudlow, Larry debates the impact of Tuesday’s election and Wednesday’s Fed meeting on markets:




At Reuters, Justin Fox suggests the deficit increase stems mainly from reduced tax receipts.

On Econlog, Dave Henderson supplements Megan McArdle’s case for abolishing corporate taxes.

At NRO, Alan Reynolds argues California's Prop. 19 is good economics.