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Archive | Commentary and Opinion

Are Democratic Presidents Really Better for the Economy than Republicans?

According to Richard J. Carroll in a Bloomberg.com Op-Ed piece promoting his new book, the answer is yes: In “The President as Economist: Scoring Economic Performance From Harry Truman to Barack Obama,” I compare the 12 presidents since World War II using 17 economic indicators, including growth in gross domestic product, rate of unemployment, inflation, […]

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When Everyone Has Bad Credit…

I’ll give them heroics. I’ll give them the most spectacular heroics they’ve ever seen! And when I’m old and I’ve had my fun, I’ll sell my inventions so everyone can be superheroes! Everyone can be super! And when everyone’s super, [laughs maniacally] no-one will be.                                 […]

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Muni’s Gone Wild

With New Jersey Governor Chris Christie and embattled Wisconsin Governor Scott Walker leading the charge of public union pension reform, the subject of municipal finances, at least at the state level, has received no shortage of attention throughout the last year. But the question remains, where does it all end?  Who will ultimately feel the […]

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On the Brink

(This article is available at SafeHaven.com) Market Outlook Week of September 12, 2011 Friday’s markets were ripe with rumors of an imminent Greek Default, which did not materialize. Yet. Markets were first spooked on Friday by  the announcement that Juergen Stark , the German Chief Economist of the European Central Bank, had unexpectedly quit for […]

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“It’s Europe, Stupid”

Market Outlook for week of September 5, 2011 (This article is available at SafeHaven.com) During the 1992 Presidential Campaign, Clinton Advisor and political strategist James Carville kept the focus of the campaign with the iconic phrase “It’s the Economy, Stupid.” Someone needs to remind today’s mainstream press that this summer’s issues in the financial markets […]

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Other Voices: Doug Noland- Lehman Moment

For years, Doug Noland’s weekly Credit Bubble Bulletin over at Prudent Bear.com has been  a must read.  This week’s installment,  Lehman Moment is no exception (the commentary comes near the end of the Bulletin, scroll down to locate). Noland draws out the parallels between the Lehman and Greece situations, noting that these two entity’s are […]

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