With Fear Around World, US Treasuries Remain Low
Posted in Main Blog (All Posts) on July 17th, 2011 4:31 am by HL
With Fear Around World, US Treasuries Remain Low
Tom Petruno, LAT
Nearly three years after the financial system crash, the concept of investment risk continues to be turned on its head. Things have happened in the markets and the economy that have far exceeded most people's worst-case scenarios. What many Americans thought they knew about investing turned out to be dead wrong.
Obama’s Tantrum in a High Chair
Wesley Pruden, Washington Times
Every mom who has ever been at her wit’s end recognizes Barack Obama. The president who earlier nagged Congress that it was time for Americans to “eat our peas” finally threw his own peas to the floor and banged his spoon on his supper dish. Such a tantrum in a high chair is a familiar sight in a lot of kitchens.“Enough is enough,” the president cried, frustrated by the tense budget talks at the White House. “Don’t call my bluff,” he told his Republican tormentors. “I’m going to the…
Betty Ford’s Graciousness Helped the Nation
Unreasonable Budget Cuts Would Hurt Economy
Big Government, Big Debt, No Growth
Irwin Stelzer, Weekly Standard
It was bad enough when Moody’s Investor Services placed America’s credit rating under review for a downgrade because our politicians can’t agree to raise the $14.3 trillion debt ceiling. Now Standard & Poor’s has taken an even tougher stance. It is putting U.S. debt on “Credit Watch negative,” with a 50 percent chance of a downgrade in the next three months if there is no long-term plan to cut the deficit. That would put an end to the triple-A rating accorded American debt since 1917. And Standard &…
