Updated: 2011-07-29 22:37:30
Joe Guzzardi, FloydReports.com When it comes to what Democrats call comprehensive immigration reform, Senator Chuck Schumer lives in his own little world. Schumer, obsessed with passing an immigration bill that would grant amnesty to more than 10 million illegal aliens, has a new wrinkle he hopes will fool an American public that has for [...]
Updated: 2011-07-29 22:28:21
Dr. Mark W. Hendrickson, FloydReports.com Some have called August 2 “Financial D-Day.” That is the date, according to Treasury Secretary Geithner, by which either Congress raises the debt ceiling or some government disbursements will cease. Multiple proposals have been floated for budgetary reforms to be made in exchange for raising the debt ceiling. A [...]
Updated: 2011-07-29 20:28:00
How long-term interest rates explain the world.
Updated: 2011-07-29 12:25:02
Updated: 2011-07-29 09:34:00
Why pay interest before, say, food stamps? "If we start defaulting on our debt there are going to be a whole lot more people on food stamps than there are now," says a former Under Secretary of the Treasury.
Updated: 2011-07-29 02:25:41
Ben Johnson, The White House Watch In these times of crushing debt loads, families are cutting back and prioritizing every dollar they spend. Yet the Obama administration is lashing out in a public way against efforts by House Republicans to rein in spending on overseas abortions and foreign aid to corrupt anti-American regimes. Secretary [...]
Updated: 2011-07-25 14:51:00
There was no debt deal this weekend, and there is no market panic today. Investors are still willing to lend the government money at very low rates.
Updated: 2011-07-22 08:29:00
I'm back, and it's the same old subject: the national debt (...more precisely, the federal debt). Instead of the same boring debt clock we see everyplace else, I decided to display a debt meter, showing the debt as a percentage...
