WaPo: Geithner plan was incomplete
By mw | Related entries in Bailouts, Economy, MoneyI don’t think they’ll make the same mistake twice. Whenever the fully fleshed out plan is unveiled, I expect it will be to a positive market reaction.
I don’t think they’ll make the same mistake twice. Whenever the fully fleshed out plan is unveiled, I expect it will be to a positive market reaction.
The Obama Administration may be trying out a kinder, gentler style of foreign policy, but Secretary of State Hillary Clinton has already put North Korea on notice: test a long-range missile and they can forget about a better relation with the U.S. While in Japan, Clinton responded to North Korea’s assertion the nation has a [...]
And much like California, they may have to limit their employees from coming to work because they might not be able to meet payroll. In fact, it’s almost a certainty that they’ll have to make serious cutbacks immediately. And this was a crisis that is completely out of the control of any Governor’s control. Still, [...]
Here’s the preview, presented in two parts. Part One Part Two You can find it on air & online today at 9 pm EST on PBS. And here’s the website.
I have an 0p-ed in the Star-Ledger (the paper of record for New Jersey!) about how presidents go about rebuilding their legacy after leaving office. My basic thrust is that a president’s post-career can do as much to shape their legacy as their time in office. In the case of John Q. Adams and William Howard Taft, it [...]
“Nobody is going to put fresh capital into the banking business when your major competitor is going to be continuously bailed out by the United States government with more and more money.†– Rusty Cloutier, President/CEO of MidSouth Bank So there’s that. And then I keep hearing the word “nationalization” being bandied about by leading [...]
A glimpse of the future today. This isn’t necessarily related to politics, but the following tech is pretty huge if you’ve been following the organic light-emitting diode (OLED) space. So yeah, they’re cool, but what could be the most significant thing about these displays is that they don’t require a backlight and so they use [...]
Glenn Beck has a conversation with Michael Steele, and it’s a good one. I have to say that the decision to choose Steele as the Chairman of the RNC was definitely a good one. Looking past the obvious difference in the selection of Michael Steele (and the blustery-goodness of Glenn Beck), it is clear to [...]
Some pretty depressing numbers. GDP dropping by 12%+ in Japan because nobody’s buying their exports. Yikes. Question…who is doing well? Also, if this truly is a global economy and we’re all connected now, then how will we be able to pull ourselves back out of this if nobody’s buying what we’re selling either?