I think the President has done an excellent job of scaring the crap out of everyone over the sequester. The administration has used all of…
So we have a new Treasury Secretary. Jack Lew got by a Senate vote last night. I wish Mr. Lew well, he will need…
I think Bernanke broke the “rules” today. He was very clear in making recommendations about what Congress should do with the sequestration. Ben’s very public…
It’s hard to describe how happy I am to see Walmart facing a slump. I’m delighted to see that the cause of Walmart’s problem is…
The CIA has some new 2011/2012 numbers for the world’s economy. These numbers are as “good” as the countries who post the individual data, so it’s…
The Treasury Department came out with some proposals today on how to fund infrastructure investments. Nothing new; an infrastructure bank that would borrow money outside of the government using government guarantees, and a newfangled debt instrument called: America Fast Forward Bonds I love the name. AFFs will be the Street name. […]
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Paul Krugman (PK) and Joe Scarborough (JS) have been having an on-air feud of late. The issue is debt, spending and inflation . The two…
The following are the word from the G20 final communiqué that could weigh on the FX markets in coming days: – We will refrain from…
I had lunch with a friend, he was bitching and moaning about business. He’s having a very hard time closing deals – and he only…
The topic of the day is the Military Retirement Service (MRS) and the Federal Employee Retirement Fund (FERS). Let me be very clear at the…