Politics

henever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form,…

David Sokol, widely considered the heir apparent to Warren Buffett,  has abruptly resigned from Berkshire Hathaway's subsidiaries after it was revealed that he profited from the purchase of a publicly-traded company made by Berkshire.…

By Marc Chandler Many market observers seem to be exaggerating the role of some Federal Reserve officials, in particular James Bullard, who has mentioned exiting from QE2 before completing the $60 bln of purchases. Plosser, a voting…

After more than a year since the European debt crisis began, officials have still failed to resolve it. They raised expectations for a “grand bargain” only to crash them on the shoals of political reality. The March 24-25 Summit was to…

BBH CurrencyView The euro is mixed on the crosses and weaker against the dollar. Merkel’s coalition loses a major regional election over the weekend, in a state run for almost 60 years by the CDU or in coalition. The effect should be…

By L. Randall Wray Washington's deficit hysteria has morphed into gridlock over expansion of federal government debt limits. It is as if that stupid “debt clock” on Times Square had run out of electrons to keep the numbers racing ever…

Apparently, George Osborne, the current Chancellor, has such a bedroom voice that he puts the Lord Chancellor to sleep. Sweet dreams.

So the dialling for dollars campaign is under way in U.S. municipalities. I'm talking about the use of eminent domain laws to dispossess property owners of property in order to make way for luxury facilities. This is an ongoing process I…

Marc Chandler wrote a good piece on the politics of nuclear in Germany and elsewhere in Europe. I want to piggyback on his comments with some of my own thoughts and questions regarding what this could mean for the energy space. This is a…

This is just in from CNBC's John Carney: a key advisor to U.S. President Obama will leave the Federal Housing Authority where he is a regulator of the mortgage industry and make a beeline straight for the industry he once oversaw. When…