Category Archives: News

Deficit Reduction: The Great Distraction – Huffington Post

This is the week of the third annual Deficit Fest, the event sponsored by Wall Street billionaire Peter G. Peterson. At this event, many of the people most responsible for the current downturn come together to tell us why we … Continue reading

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Fed regulators in hot seat over JPMorgan loss – Reuters India

NEW YORK/WASHINGTON (Reuters) – JPMorgan’s $ 2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to keep up … Continue reading

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White House pushes ObamaCare-themed e-cards for Mother’s Day – FOX News

Not even Mother’s Day could be shielded from election-year politics.  The White House on Sunday released specially tailored e-cards touting the benefits for moms of the federal health care overhaul, urging people to send the card around to … Inflation … Continue reading

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Obamacare’s Medicare Scam – Town Hall

America’s senior citizens deserve to enjoy their golden years in security rather than be faced with the uncertainty of having their beloved Medicare benefits yanked away thanks to provisions within the Democratic Party’s darling, Obamacare. Inflation Policy News Link

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Oil prices heading for weekly loss – International Business Times

Confusion in Europe and macroeconomic data that is still suggesting a global economic slowdown has kept both equity and commodity markets on the defensive for most of the week. Overnight the latest data out of China supported the view of … Continue reading

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FOREX-Euro near 3-1/2-month low vs dlr as Greece churns – Reuters UK

NEW YORK, May 11 (Reuters) – The euro was little changed against the dollar and hovered near a 3-1/2-month low in choppy trade on Friday as political uncertainty in Greece and hefty losses disclosed by U.S. bank JPMorgan Chase left … Continue reading

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Deficit Reduction the Hard Way – Smart Money

Alicia Munnell, the director of the Center for Retirement Research at Boston College, is a weekly contributor to “Encore. The confluence of fiscal events scheduled for the end of 2012 represents both a major opportunity and an enormous risk. Inflation … Continue reading

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Manmohan Singh link to 2 rupee slides – Times of India

high inflation, policy slippage, and governance related problems), risk factors,” a research note by Deutsche Bank pointed out. “At a time when capital inflows, direct or portfolio related, are losing steam along with the economic and market … Inflation Policy … Continue reading

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Dollar Weakens Before Fed Ends Meeting; Pound Declines – Bloomberg

Higher-yielding currencies, including South Africa’s rand and Canada’s dollar … tracked by Bloomberg Correlation Weighted Indexes. The yen has tumbled 8.3 percent. The pound fell from a seven-month high versus the dollar after a government … Inflation Policy News Link

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U.S. Debt Ceiling To Be Increased At The Start Of 2013 – Seekingalpha.com

Everyone is saying how great the United States is growing with a positive purchasing manager index and positive GDP. But the fact is that U.S. public debt is growing much faster than GDP. But this happened only just recently. Before … Continue reading

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