Markets are getting destroyed today on a raft of concerns about the economy. Most notable is the crisis in Greece, which is watching its market evaporate furiously, even after a recent bailout of Greece that was designed to stem the contagion.
Thi…
This commentary, from The Daily Beast, provides some evidence of why it may be absolutely impossible for congress to get the votes needed for a debt ceiling extension….
The Boehner Trap
A significan…
NEW HAVEN – The Chinese have long admired America’s economic dynamism. But they have lost confidence in America’s government and its dysfunctional economic stewardship. That message came through loud and clear in my recent travels to Beijing, …
Veteran Sen. John McCain has had enough with “tea-party” aligned lawmakers who have vowed not to vote to raise the debt ceiling before passage of a constitutional balanced budget amendment.
The Arizona Republican, the GOP’s 2008 presidential nomin…
NEW YORK (TheStreet) — Money market funds investing in U.S. Treasuries have been drastically reducing maturities in recent days, amid fear that the prospect of a government default may lead to a wave of redemptions.
Government money markets have…
NEW YORK (TheStreet) — Money market funds investing in U.S. Treasuries have been drastically reducing maturities in recent days, amid fear that the prospect of a government default may lead to a wave of redemptions.
Government money markets have…
One of the most frustrating lessons of childhood is that you can’t just throw a hissy fit and storm off every time you don’t get exactly what you want.
You can do this, of course, but you’ll soon find yourself playing alone, with no friends, or in…
“Frankly the Republicans would be crazy unless they get 100 percent of the deal that they want right now to make any deal,” Trump said on “Fox and Friends” Monday. “If this happens, for instance if this stuff is going on prior to an election, he c…
The biggest debt ceiling shock of the day: Eric Cantor has lost Larry Kudlow.
In an interview tonight that’s got everyone buzzing, Kudlow grilled Cantor hard on why the GOP couldn’t support the Reid plan, which Kudlow saw as being based in Republic…
Team Boehner’s Hypocrisy
The Speaker’s response epitomized a disease floating mostly around GOP circles as the U.S. careens toward default. John Avlon on the double-standards holding the country hostage…
