Accrued Interest has a really good post up about why the Fed's actions aren't inflationary -- at least for now. It's got plenty of neat charts and the author makes a wonky argument easy to understand. Check it out.
Update: I'm not a big links type blogger -- I think it's a lazy way to go about this -- but sometimes you run into things that don't need any embellishment. Such was the case with the Accrued Interest post and now let me refer you to Keith Hennessey's latest on the health care initiatives. Hennessey parses Obama's letter to Congress regarding the approach to health insurance. It's non-partisan and delivers the sort of insider analysis that you won't get from the MSM. Read it, bookmark it and use it as a resource tool as the debate moves forward.