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Wall Street Reform And Consumer Protection – The Foxes are Eating the Chickens
- July 9, 2010
- Posted by: Ted Bullen
- Category: Economy, Financial Services, News
No CommentsThe Dodd-Frank Wall Street Reform and Consumer Protection Act, named for Senator Chris Dodd and Congressman Barney Frank – the two foxes who watched over the henhouses of Fannie Mae and Freddie Mac, helping to kick off the current U.S. financial crisis – was severely criticized by Deutsche Bank this week. Deutsche is a very
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Can GDP Growth Outpace Spending in Order to Reduce the Deficit?
- June 28, 2010
- Posted by: Ted Bullen
- Category: Economy, Government, News
No. That means that increased taxes and austerity measures are on the horizon, though such action is beyond the policy and historical practices of our government. Yesterday, the G20 published a communiqué endorsing a goal of cutting government deficits in half by 2013 and reducing the ratio of public debt to gross domestic product by
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Inflation Nation
- June 7, 2010
- Posted by: Ted Bullen
- Category: Economy, Government, News
Here’s what we know: The national debt surpassed $13 trillion this month The International Monetary Fund (IMF) has predicted that the national debt will surpass the U.S GDP by 2012. The IMF also projects that the U.S. economy will expand, in the short term, at a slower pace than the average of the past 50
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