protest

Greece has been downgraded by Fitch Ratings to BBB+ over concerns about its budget deficit. Despite the cut, Fitch maintained a negative outlook on the country’s ratings, meaning it could fall further in the near future.  This action…

In my recent post about the capture of the Obama Administration by the financial services lobby, I said it was irrelevant whether they were deliberately looking to line the pockets of the banking industry. This is an important point as you…

David Einhorn delivered a speech at the 2009 Value Investing Conference that is creating a lot of buzz in the blogosphere. He said a lot of interesting things about the investing and political climate.  A surprising amount of it comes…

The title of this post is somewhat misleading – designed to be provocative to get you to read what I have to say. Indeed, I am going to defend Goldman Sach’s right to pay what it likes to its employees. But, I am also going to defend your…

The banks have been the ones benefitting most from free money via the Federal Government and U.S. taxpayers.  Given 9.8% base unemployment and 17.0% comprehensive unemployment, it is a bit galling for ordinary Americans that these same…

In what is shaping up to be a common occurrence at these global meetings, protesters are shaking things up.  My understanding, however, is that there are more police on hand than protesters.  Rubber bullets, pepper spray and tear…

Barack Obama’s health insurance reform initiative is clearly foundering. So, his administration has pulled out the big guns. Health and Human Services Secretary Sebelius on the Sunday morning talk shows. Obama himself had a prime time press…

When news first broke regarding the ethnic tensions and violence in Xinjiang, China, I was not familiar with the situation there.  I have gotten up to speed and wanted to post a few videos and links for you on the situation there.…

The remittanc income from Mexican and Central American immigrants working in the United States bck to their home nations is not the only huge remittance flow in the world. One of significant import is in Europe, where millions of indivuals…