Banking

EUROPEAN CRISIS

NOVEMBER 26, 2011 New Strains Hit Euro, Global Markets Common Currency Falls After Italy’s Borrowing Costs Soar; Coming Week Poses Key Test of Sentiment By STACY MEICHTRY and JONATHAN CHENG ROME—Uncertainty in financial markets deepened as Italy’s borrowing costs soared to euro-era highs and Prime Minister Mario Monti said European leaders understood an Italian collapse

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THE CULTURE WAR OVER EUROPE’S MONEY

NOVEMBER 17, 2011 The Germans are richer and more stubborn.The French are flashier and faster on their feet. By WALTER RUSSELL MEAD The European crisis repeats the same pattern endlessly. Bad news sinks markets, ultimately accelerating into a panicky wave of liquidation. European leaders convene, deliberate and emerge with what they say is a “fix.”

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OWS – WHO PARENTED THESE PEOPLE?

The Disciplined Investor Friday, November 18, 2011 Sunday Fun: Occupy Wall Street – Who Parented These People? November 6, 2011 11:47 am I admit it – I just don’t get it. Seems as if the efforts going into this OWS should be directed at OWDC (Occupy Washington D.C.). We are trying to get someone from

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THE ABUSER IN CHIEF

November 15, 2011 The Abuser in Chief By Ed Lasky Calling America “lazy” last weekend was only the latest and broadest insult from President Obama. America has become accustomed to Obama’s lashing out at entire groups of people.  What has been all too little appreciated is his seeming delight in bullying, if not demeaning, individuals

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WHERE KEYNES WENT WRONG

Published on The Weekly Standard (http://www.weeklystandard.com) What if government spending depresses instead of stimulates? Charles Wolf Jr. November 7, 2011, Vol. 17, No. 08 EXCERPT FROM THIS ARTICLE:  Keynes assumed that the initial deficient level of aggregate demand would remain unchanged until the stimulative (“pump-priming”) effect of additional government spending kicked in. In other words,

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EUROPE’S ENTITLEMENT RECKONING

NOVEMBER 10, 2011 From Greece to Italy to France, the welfare state is in crisis. In the European economic crisis, all roads lead through Rome. The markets have raised the price of financing Italy’s mammoth debt to new highs, and on Tuesday Silvio Berlusconi became the second euro-zone prime minister, after Greece’s George Papandreou, to

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THOMAS SOWELL: DEMOCRACY VS. MOB RULE IN ‘OCCUPY WALL STREET’ PROTESTS

UNIONLEADER.COM Published Nov 8, 2011 In various cities across the country, mobs of mostly young, mostly incoherent, often noisy and sometimes violent demonstrators are making themselves a major nuisance. Meanwhile, many in the media are practically gushing over these “protesters,” and giving them the free publicity they crave for themselves and their cause — whatever

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BOOK REVIEW – BILL CLINTON’S ‘BACK TO WORK’ – CLINTON TRIES TO REWRITE HISTORY

NOVEMBER 8, 2011 Like the ’90s Never Happened A former New Democrat known for his centrist economic policies, Bill Clinton now favors vast new government spending and higher taxes. By STEPHEN MOORE Bill Clinton ascended to the White House as a New Democrat, wisely repudiating what had been a quarter-century of big-government liberalism and embracing

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WHY GERMANY IS LEADING FROM BEHIND

NOVEMBER 4, 2011 Angela Merkel’s uncertain trumpet in the great euro crisis reflects her country’s history, and a new kind of politics in the West. By JOSEF JOFFE In the European currency war, Germany has the biggest arsenal and the strongest interest in forestalling the collapse of the euro. So why is it playing Hamlet:

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