Moody’s, Central Bankers Concerned With Banks
As the FDIC continues shuttering U.S. banks, ominous signals are coming from Central Banks around the world and from Moody’s Investor Services. The timely release of this information seems to support...
View ArticleDollar Standing Tall
In separate talks yesterday, two highly regarded analysts and Fed Chairman Ben Bernanke seemed to agree that the euro zone may be committed to succeed but has painful moves to make this year....
View ArticleMoody’s Lowers Spain’s Credit Rating
Spain beat the clock Thursday morning by successfully selling 3.5 billion euros in 5-year bonds just ahead of Moody’s downgrade of the credit rating in five of the country’s regions. Surprisingly, the...
View ArticlePolitical Muscle-Men Weak-Kneed
Riding a wave of seasonal improvement at manufacturing facilities, the weekly U.S. Unemployment settled at it lowest level in two years. The fall in unemployment claims was aided by GM’s determination...
View ArticlePoverty Level Hits 14.3%
The economic difficulties of 2009 did not escape the watchful eyes of the annul Census Bureau on income, poverty and health insurance. The country’s poverty rate increased to 14.3%, the highest level...
View ArticleObama Bows To Republicans
Just days after the National Commission on Fiscal Responsibility and Reform report recommended massive cuts that would permeate every aspect of American society, President Barrack Obama succumbed to...
View ArticleWho Will Say What?
Congress returned to the people’s business today and the rhetoric appears a dialed down version of debates prior to the tragedy in Tucson. The new Republican House has made the repeal of Obamacare...
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Debt Ceiling Impasse
Once again President Obama opened the door for politicians to put immediate differences aside and use extra time for Congress to come up with a deficit reduction program that works. In a reversal of...
View ArticleThe IMF Weighs In
As Greece struggles to reach an agreement about future bailout funds, the private investor and public investors are distancing themselves from a viable solution that would enable the country to meet a...
View ArticleIreland Enters The Fray
The struggle to resolve Greece’s financial instability has involved so many parties and so many conflicting interests that it is almost impossible to understand how the hope for a bailout is still a...
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