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  • Wall Street Breakfast: Must-Know News [View article]
    How can the EU be predicting 7.5% budget deficits when the Euro Zone target is a maximum of 3%? But then, we're pushing 10% - Obama has gotten us to be more European than the French!
    Nov 03 16:02 pm |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The troublesome aspect of the Geithner outburst (other than the general reflection on civility in the new political order) is the inferrence that the regulators - apparently including the Fed - should give up their independence to the political will of the White House. Unfortunately, the Fed plays two roles - regulator, and keeper of the integrity of the currency, and a very strong backbone will be needed for the latter over the next couple of years. There may well be a bipartisan Senate swell of support for independence. Whether one is Republican or Democrat, Sheila Bair has lots of fans for her performance over the past year. She has lots more friends and admirers in Congress than does Geithner. I suspect the same for Bernanke.
    Aug 04 13:33 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    A good day for Rachel; a bad day for the readers.
    May 05 14:32 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Today feels like New Year's Eve - waiting to turn the page. The politics will thankfully calm down (along with pledges/pleas to save this industry or that), but I am afraid that we will wake up to find that we still have the hangover from decades of excessive debt and risk. The risk is being taken care of, but not the debt.
    Nov 04 11:26 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    A comment for Ms Lieberman:
    It is unfortunate that you move in such limited circles of Republicans. I would adjust your economic comment to say that, in general, Republicans represent the creators of wealth in the country, while Democrats are more interested in the social justice of how it is distributed - a worthy goal, but one must create the wealth in the first place. As a second general characteristic, Republicans believe that individuals can do a better job of creating opportunity and protecting individual liberty than the government can.
    Jun 23 12:11 pm |Rating: 0 0 |Link to Comment
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