We Have Reached Potential Inflection Point
Posted in Main Blog (All Posts) on October 22nd, 2011 4:31 am by HL
We Have Reached Potential Inflection Point
Jeff Snider, RealClearMarkets
We have once again reached a potential inflection point for the markets. While the debate rages about the possible solution to the European banking problem, the truth is that the actual need for a solution simply underscores the economic realities we face. None of these banking problems would exist had a true, self-sustaining global recovery been present. The entire administration of global fiscal and monetary responses has been geared toward bridging the divide between contraction and growth, as if the latter was a given.A typical economic recovery is characterized first and foremost by the…
Mitt Romney: Anything But Conservative
Douglas MacKinnon, Examiner
As the Republican primary process continues, there is no doubt that the establishment GOP is winning and the Tea Party is losing.Worse, as we accelerate toward the first votes finally being cast, many who believe in the simple and powerful message of the movement — myself included – believe it now looks more and more foolish and naïve as it bounces from one flavor-of-the-month candidate to another.
Obama Jobs Bill Held Hostage (Again)
Jonathan Cohn, New Republic
Republicans have once again blocked President Obama’s efforts to create jobs – and, once again, they’ve done so not by voting against a proposal but by preventing a vote on the proposal from taking place.It happened Thursday night, when Senate Majority Leader Harry Reid tried to end debate on the “Teachers, First Responders Back to Work Act.” As the bill’s name implies, it would send money to the states, so they can stop firing – and, ideally, start rehiring – public employees. The measure has broad support among…
