Posts Tagged ‘ congress ’

The High Cost of Independence

Jul 14th, 2009 | By Bill Jenkins | Category: Featured, Personal Liberties, Politics
Recently we here in the U.S. celebrated the 233rd Anniversary of our Independence Day.  It is, as I hope you remember from your history lessons, the day upon which Congress approved the Declaration of Independence. The legal separation from England, however, actually occurred on July 2, two days earlier. This ...read more

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Posted in Featured, Personal Liberties, Politics | 5 comments


Tomorrow Mark-to-Model Returns with a Vengeance

Apr 1st, 2009 | By Samantha Buker | Category: Featured, Macro Economics, Politics
The heat is on in Norwalk, Conn., this week. The Financial Accounting Standards Board’s headquarters quakes down to its foundation as Congress bullies it toward sweeping rule changes. Those changes govern the balance sheet values of those very pesky loans and derivatives that started us on this road to crisis in ...read more

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Posted in Featured, Macro Economics, Politics | 4 comments


Double Standard Time

Nov 13th, 2007 | By Michael Shedlock | Category: Oil
RECENTLY THE FINANCIAL TIMES PUBLISHED an article about Congress’ oversight when it comes to speculative trading in crude oil. Why would congress take an interest in speculating on crude oil but not when it comes to stocks, treasuries, or CDOs? Something doesn’t seem to match up here, so we’re going ...read more

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Posted in Oil | No Comments »