Category Archives: Republicans

Sachs Hits Out At US Inequality From Taxes To Corruption in Congress

Last night Professor Jeffery Sachs gave a great lecture at the London School of Economics on the long-term structural crisis facing the US. For 30 years successive governments have implemented policies aimed at making life easier for the 1% of … Continue reading

Posted in Banking, Climate Change, Democrats, Economics, Obama, Politics, Republicans, Tax, Tax Cuts, Unemployment, US | Tagged , , , , , , , , | Leave a comment

Low UST Yields Are Path To Fiscal Expansion

Think about this. Look at where 10-year US Treasury yields are, look at 10-year UK gilt yields for that matter. The world is crying out for AAA assets. The world’s investors want somewhere safe for their cash; European pension funds, … Continue reading

Posted in Austerity, Debt, Euro Zone, Merkel, Obama, Recession, Republicans, Sarkozy, Tax Cuts, US | Leave a comment

In The Know

August 17 2011 GUARDIAN – The crisis facing Britain’s education system The gulf between schools educating the well-off and the disadvantaged has never been bigger. And things are only likely to get worse in the coming years.¬†http://www.guardian.co.uk/education/2011/aug/16/crisis-britains-education-system BLOOMBERG – Asian … Continue reading

Posted in Ambrose Evans-Pritchard, Austerity, Banking, Bonds, Daily Telegraph, Debt, Democrats, Euro Zone, Financial Times, France, Germany, Merkel, Republicans, Reuters, Sarkozy, US, Wall Street Journal | Leave a comment

In The Know

August 16 2011 TELEGRAPH-Germany’s Angela Merkel faces eurobond mutiny¬†: The simmering revolt in the Bundestag makes it almost impossible for Mrs Merkel to offer real concessions at Tuesday’s emergency summit with French president Nicolas Sarkozy. “We are categorical that the … Continue reading

Posted in Bonds, Daily Telegraph, Debt, ECB, Euro Zone, European Central Bank, Fed, Federal Reserve Bank of New York, Financial Times, Germany, Greece, Merkel, Portugal, Republicans, Sarkozy, US | Leave a comment