government

Clive Crook of the Financial Times rightly takes on the Bush Administration and its squandering of hundreds of billions of dollars of fiscal surplus on war in Iraq and ta cuts for the wealthy. In this time of economic crisis, the U.S. is…

Ron Paul sounds off on the housing bill that was just passed. This bill has more problems associated with it than any bill we have seen enacted to counteract the economic downturn. The moral hazard, the lack of congressional oversight, and…

The lawsuits are piling up. America is a very litigious country and when things go wrong people sue. That's one reason one should realistically expect the courts to be clogged with all manner of suits on bond insurance, auction rate…

America's security concerns due to terrorism are having unwanted side effects in relations with the EU. Handelsblatt, the German newspaper is reporting that visa requirements for some EU citizens is causing the EU to retaliate with visa…

America's security concerns due to terrorism are having unwanted side effects in relations with the EU. Handelsblatt, the German newspaper is reporting that visa requirements for some EU citizens is causing the EU to retaliate with visa…

Talking about the financial markets and the housing mess, George W. Bush offered up these pearls of wisdom:"There is no question about it. Wall Street got drunk.... That’s one reason I asked you to turn off your TV cameras.... got drunk and…

As an unofficial Eurosceptic, I always view EU power grabs through a lens of distrust. Now, the EU is looking to increase its power by further regulating financial markets. But, the heavy-handiness of the regulation surely will be…

My last two posts may leave the impression that I believe inflation to be the greatest concern facing the global economy. I certainly believe it is a problem but not the primary one. Deflation is the looming concern and much more…

In her column at Bloomberg News, Baum had this to say about the financial bailout solutions proposed by the U.S. government.How do we know the market failed if we don't allow it to work? Capitalism without failure is like religion without…

Senator Jim Bunning's classic line, "when I picked up my newspaper yesterday, I thought I woke up in France," was delivered before the Senate Banking Committee as Ben Bernanke, the Fed Chair, gave testimony. He was rightfully upset that…