Calmes is back and writing about economics in an article entitled: “A Dirty Secret Lurks in the Struggle Over a Fiscal ‘Grand Bargain.’”
Tag Archive for Grand Bargain
Contributors- Economic and Financial, Must Read, William Black
What Happens Now? New Economic Perspectives
by Joe Firestone • • 0 Comments
In the aftermath of the great 2013 government shutdown/debt ceiling crisis, and the kicking of the can down the road while maintaining austerity once more, the subject on many minds is where do negotiations over fiscal policy go from here? Will the new “budget committee” produce more austerity and do a grand bargain including the “chained CPI”? Will Congress finally turn towards economic growth and job creation, or will we continue to have more shutdowns and debt ceiling crises in 2014?
Contributors- Economic and Financial, Must Read
Off the Debt Limit Hook for at Least the Next Four Months – New Economic Perspectives
by Joe Firestone • • 1 Comment
Provided that the Senate and House follow through on the scenario now on the table, it looks like the game of chicken worked for the Democrats this time. We’re off the hook on default and Government shutdown for now, and Washington village pundits are in full-throated cries of celebration.
Contributors- Economic and Financial, Must Read
Rationalization and Obligation, Part I: No Magic Bullets? New Economic Perspectives
by Joe Firestone • • 0 Comments
The media and politicians in both parties are still largely echoing the Administration’s framing of the fiscal situation and absolving the President of his share of the blame for the debt limit crisis. They’re reinforcing his message They’re also preparing the way for a compromise, that will, almost certainly, result in hurtful cuts to Government spending including renewed consideration of “the Great Betrayal,” also known as “the Grand Bargain,” including passage of the chained CPI cuts to Social Security over the objections of a large majority of the American people.
Contributors- Economic and Financial, Must Read, William Black
Stop “the Great Betrayal:” Kabuki Update – New Economic Perspectives
by Joe Firestone • • 0 Comments
It now looks like the big media and leaders in both parties are no longer focusing on the Government Shutdown crisis, but are now moving on to the notion that the shutdown is melding with the upcoming probable breaching of the debt limit to create a combined mother of all fiscal crises.
Money Morning, Must Read
President Obama’s Grand Bargain is DOA – Money Morning
by Diane Alter • • 0 Comments
In attempts to break the fiscal stalemate lingering in Washington, D.C., U.S. President Barack Obama claims he’s ready to do some serious “grand bargaining”…
The president presented his so-called grand bargain plan Tuesday during a trip to an Amazon.com Inc. (Nasdaq: AMZN) distribution center in Chattanooga, TN. The controversial proposal includes cutting the corporate tax rate, long-favored by congressional Republicans, in exchange for stepped-up spending on jobs programs.
Contributors- Economic and Financial, Must Read
The Great Austerity Swindle! New Economic Perspectives
by Devin Smith •
This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…
Bears Chat, Best of the Forums, Must Read
Analysis: No "grand bargain" means more euro stress
by Bears Chat at The Wall Street Examiner • • 0 Comments
Analysis: No “grand bargain” means more euro stress
Reuters – 3 minutes 7 seconds ago.. .
By Noah Barkin
BERLIN (Reuters) – The euro zone has agreed to take a big leap forward in economic integration, but failed to deliver a convincing answer to inv…
Bears Chat, Best of the Forums
Make Way For The Radical Center
by Bears Chat at The Wall Street Examiner • • 0 Comments
DID I mention that I’ve signed a pledge — just like those Republican congressmen who have signed written promises to different political enforcers not to raise taxes or permit same-sex marriage? My pledge is to never vote for anyone stupid enoug…
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Debt Limit Gamesmanship
by Newswires • • 0 Comments
by Jorma (Capitalstool.com) Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s Liquidity Trader tracks and…
