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According to Tim Geithner, we won’t hit the debt ceiling until a few months into 2013. By that time, either the Bush tax cuts will…
USA TODAYBoehner: No debt ceiling increase without cutsUSA TODAYBy Susan Davis, USA TODAY WASHINGTON – House Speaker John Boehner, R-Ohio, will not allow an increase in the debt ceiling to move through the House unless the amount of the increase incl…
I look at the political landscape and conclude that we’ve got more of the same in front of us. I think Obama will win, and the Republicans will control the legislative side. For the sake of this discussion, assume that is how it works out.
As of …
. On the Debt Ceiling
The Treasury Department emailed its fans a blog entry setting out its position on extending the debt limit. The very fact that the Treasury Department feels the need to post blogs on this topic worries me. They wouldn’…
Yesterday, the market spent the majority of the session in consolidation mode, and formed a wave structure which looks corrective — indicating that it’s reasonably likely there are at least slightly higher prices to come before this wave com…
Liquidity indications have remained neutral over the two weeks since I last updated this report. Panic outflows from Europe boosting theUSsystem seem to have taken…
Nov 19, 2011
Heads or tails, we lose
By Ellen Brown
It is no great surprise that with only days to go, the congressional “super committee”, given the Herculean task of carving an additional US$1.2 trillion out of the federal budget, has failed to r…
Amid a glimmer of hope of a breakthrough in “Super Committee” deliberations, a slender majority of Fiscal Times budget and political experts surveyed this week predicted the 12-member bipartisan congressional panel will meet its looming dea…
Earlier we laid out the hot buzz about what’s happened to the economy over the last few months.
It goes like this: The debt ceiling fight caused a major confidence shock, prompting some dreadful market performance and economic data to come out in A…
