Politics

Frederick J. 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) and "The Coming Collapse of the Municipal Bond…

Marshall Auerback spoke to BNN's Squeeze Play about the civil unrest in Egypt and what the unrest means for financial markets and the global economy. The most obvious global implications regard the potential for civil unrest elsewhere and…

By Claus Vistesen Despite the efforts of yours truly to create as strong a profile as possible in the world of econ-blogging, I regret to inform my readers that the organizers of the World Economic Forum in Davos have not found it within…

By Annaly Capital Management Senator Rand Paul is on the tape promising to unveil a budget with $500 billion in expense cuts in one year, and that he will not spare any government program or agency from his scythe, including the Defense…

by Edward Harrison I was watching the Obama – Hu Press conference this afternoon and it was a veritable lovefest considering the acrimonious backdrop from 2010. You lot were thinking it was going to be like this Obama-Hu press conference…

Over the past several days, I have caught some very good commentary by a number of well-known financial industry experts. I wanted to share my own thoughts with you on their commentary, especially in light of my last posts on Eisenhower's…

While today is a national holiday in the United States, in remembrance of Dr. Martin Luther King Jr., it is also the 50th anniversary of former US President Dwight D. Eisenhower's famous farewell presidential address. Ike's speech warned…

Word is out all around Washington that the Obama Administration plans to cut US defense programs by $78 billion and 70,000 troops by 2015. Defense Secretary Robert Gates, a holdover from the Bush Administration with credibility within the…

"Whatever political party holds the white house wants to get re-elected. So it's going to do whatever it can to make the economy look good on election day" -Mark Hulbert This is how I see things as well. The question, of…

Michael Hudson reviews the reasoning behind income tax policy in the 20th century, a good lesson in financial history. Interestingly, he says that data show tax cuts have been followed by slow growth in the US.