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Browsing Category
Economy
60 Minutes: Congressional Insider Trading
In case you missed it last night here is one that is sure to get your feathers up. It’s about time they Occupy Congress.
The Obama Hope and Change Fail
Gallup reports that Congress' job approval is entrenched at a record low of 13%. Here’s what I noticed, however.
In defense of the SEC — no, really
The Finance Addict writes : "We need to put our cynic hats on and start questioning why it is that the SEC isn’t getting any. My guess–it’s no accident."
Video: Warren Buffett on ‘Too Big to Fail’
Here’s more from Warren Buffett on CNBC this morning. This time he talks to Becky Quick about ‘Too Big To Fail’. CNBC host Joe Kernen takes sides with the Occupy Wall Street protesters and asks Buffett whether we can regulate them to “keep…
Key data to focus on in the week ahead
Economic data has been of tertiary concern to the market recently, overwhelmed by the drama in Europe. Given that the drama may die down, with new governments in Greece and Italy, the economic data may become somewhat more important.
Bill Black: What I’d Demand of the Fed
In this interview from late October, Professor Bill Black tells us what he would demand, if he marched with Occupy Wall St. to the New York Fed.
It must be impossible for the Fed to create inflation
For all practical purposes the Fed has done it all. And yet unemployment remains at depression levels of over 9% (and over 16% the way it used to be calculated not long ago) and the only thing keeping what’s called ‘inflation’ over 1% is a…
David Rosenberg on the economic depression in the United States
David Rosenberg recently spoke to WealthTrack's Consuelo Mack about prospects for the US economy. Rosenberg believes that upside to US economic growth will continue to be constrained by high levels of debt. Despite historic levels of fiscal…
Downgrading the US in China
This video is about the Chinese view of America’s budget battles. The US congress has until November 23rd to figure out on how to reduce its public debt. If it doesn’t, eventually mandatory budget cuts will go into place. As a result, Guan…
Auerback: In Europe, national solvency first, then aggregate demand
Marshall Auerback was on BNN yesterday talking about the sovereign debt crisis. He believes that there are two distinct issues at play. One is national solvency, the other is aggregate demand. In his view, the national solvency issues take…