government

This morning, BBH's Marc Chandler noted: In today’s European trading session, Ireland sold €100 of bills with an average yield of 2.23% with a maturity set for April 18, 2011. On the whole, Ireland auctioned €400M of bills, less than…

David Stockman was Ronald Reagan's first Budget Director. He left the political world for things like Private Equity. Lately, he has been making headlines for his statements regarding the economy and fiscal matters. He says "In some…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Harrisburg, Pennsylvania, is defaulting; Half Moon Bay, California, is…

On the role of the state What is the role of the state? | Martin Wolf's Exchange | FT.com oftwominds: The Overlapping Crises of Neoliberal Global Capitalism Both Martin Wolf and Charles Hugh Smith have good essays on government.…

If you haven't read Monday at the Treasury: an overlong exegesis, Steve Waldman's review of his meeting at Treasury with Tim Geithner, do so. It's a great piece. Steve's piece certainly showed how Tim Geithner and I agree on public policy.…

How does the government pay for stuff? That's a question we should all be asking ourselves. I'm speaking here both from a philosophical and functional perspective. You and I have to earn our money by working. Usually we deposit this money…

Watching the TV news here is Spain at the moment is often a rather discomforting and sad affair. The normal menu seems to consist of a constant stream of ministers who have to appear before the cameras and the public to explain something…

By Michael Farrell, Annaly Capital Management My fellow mortgage market participants, On Tuesday, I attended the “Conference on the Future of Housing Finance” hosted by Treasury Secretary Tim Geithner and Housing and Urban Development…

By John Lounsbury. In a previous article reviewing my attendance at a small discussion group meeting with Treasury Secretary Geithner and other senior Treasury Officials, I left out one very important topic that was covered.  I also…

By John Lounsbury. I was privileged to attend a meeting at the Treasury Department in Washington on Monday afternoon, August 16. The two hour plus meeting was hosted by Senior Treasury Officials. There were three discussion leaders:…