Banking

EURO TRASHED

Published on The Weekly Standard (http://www.weeklystandard.com) Europe’s rendezvous with monetary destiny Christopher Caldwell December 20, 2010, Vol. 16, No. 14 It has been easy to snicker in recent weeks at the politicians who designed the euro, which appears on the verge of collapse after a decade as the common currency of a dozen countries in

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THINKING THE UNTHINKABLE ABOUT THE NATIONAL DEBT

By James A. Bacon – The Washington Times    December 8, 2010 BLOOMBERG Erskine Bowles (right) and Alan Simpson, co-chairmen of the president’s deficit commission, challenged the panel’s members to put aside partisan differences and agree to its tax and budget recommendations. America’s budget debate suffers from a failure of imagination. Deficit hawks warn that the

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AMERICA – THE RULING CLASS VERSUS THE COUNTRY CLASS

THE AMERICAN SPECATOR The Largest Selection of Liberal-baiting Merchandise on the Net! Feature America’s Ruling Class — And the Perils of Revolution By Angelo M. Codevilla from the July 2010 – August 2010 issue As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations,

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John Locke Foundation Morning Update

December 16, 2010 – carolinajournal.com Carolina Journal Exclusive Public Employee Pension Debt Explodes By Karen McMahan RALEIGH — If government officials were forced to apply the same uniform accounting methods that private pension plan administrators must use to calculate liabilities, experts say the funding shortfall would be five times greater than the amount being reported

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BEWARE CHINESE BEARING GIFTS

Follow Me Mallory Factor Chinese Bearing Gifts Dec. 9 2010 By MALLORY FACTOR Remembering the famous story of the Trojan Horse, which appeared to be a gift to the city but was actually full of Greek soldiers waiting to seize Troy, the expression arose “beware of Greeks bearing gifts.” Several thousand years later, the tables

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THE ROCHE RECORD – FRANK ROCHE, ECONOMIST

Home About Me Contact Me December 4, 2010 INDUSTRIAL GIANT GE GETS FED MONEY? This week the Federal Reserve released documents showing who they assisted during the peak of the financial crisis in late 2008 early 2009.  A surprise to many was to find the industrial giant GE on the list and that they borrowed

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EUROPE’S CRISIS WIDENS

DECEMBER 1, 2010 Italy, Spain See Bonds Sink, Portugal Faces Rating Cut as Faith in Rescue Ebbs By MARCUS WALKER And BRIAN BLACKSTONE Agence France-Presse/Getty ImagesIn Rome, students protesting spending cuts clashed with police Investors dismissed European leaders’ latest attempt to restore market calm, raising doubts about whether governments can rebuild confidence in the region’s

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WIKILEAKS’ NEXT TARGET: WALL STREET

THEBLAZE.COM Business WikiLeaks’ Next Target: Wall Street Posted on November 29, 2010 at 11:40pm by Meredith Jessup In an exclusive interview with WikiLeaks’ Julian Assange reportedly told Forbes that leaked classified documents from the U.S. State Department and Pentagon are “just the beginning.” Forbes reports that early next year, Assange claims that a major American bank

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