Today (Friday), the U.S. House of Representatives passed an “Obamacare cybersecurity bill” that helps protect people from the gaping security hole that is the Obamacare website.
Everyone agrees the Obamacare launch has been a total disaster, but the reason why it has been such a disaster is the real scandal.
The Obama administration spin machine has been running in overdrive trying to convince a skeptical American public that the Oct. 1 Obamacare launch went bad for technical reasons. They said traffic from a populace thrilled that the insurance exchanges had finally arrived overwhelmed the site.
Last updated:December 30, 2011 7:20 pm
Foreign central banks cut US treasuries
By Michael Mackenzie in New York
Holdings of US Treasuries by foreign central banks has fallen by a record amount over the past four weeks according to the latest Federal …
November 21, 2011 6:39 pm
Biggs revises opinion on economy
By Dan McCrum in New York
Barton Biggs, the veteran strategist and investor, has warned that he was too optimistic on the prospects for economic recovery and that the outlook for the US stoc…
“Citigroup is planning to cut 900 jobs in its securities and banking division and may cut a total of more than 3,000 in response to the global economic slowdown t…
Greek opposition refuses to join coalition
By Kerin Hope in Athens
George Papandreou’s chances of putting together a strong coalition government that could persuade international lenders to unblock fresh funding for Greece have faded after the conse…
Last updated: October 28, 2011 2:39 pm
Italy’s borrowing costs soar at debt sale
By Guy Dinmore in Rome and Rachel Sanderson in Milan and David Oakley in London
Italy issued 10-year debt on Friday but paid the highest price since joining the euro as…
US Treasury considers floating rate new debt security
The US Treasury and Wall Street dealers are set to discuss whether to introduce a new debt security to help fina…
Now consider, against this background of continuing fragility, how people view the political scene. In neither the US nor the eurozone, does the politician supposedly in charge – Barack Obama, the US president, and Angela Merkel, Germany’s chancell…
Dead man walking?
JPMorgan in New York: “The bigger picture does not change however: oil supplies have been disrupted and will remain disrupted for a long period.”