Your sequestered brain can’t see next crash coming - Paul B. Farrell - MarketWatch: "Our brains are sequestered, trapped, repeating an 800-year old drama that you, me, all Americans and all world leaders can’t seem to escape.
Even Harvard historian Niall Ferguson, author of “The Ascent of Money: A Financial History of the World,” admits economists Carmen Reinhart and Kenneth Rogoff’s brilliant “This Time Is Different: Eight Centuries of Financial Folly” is “the best empirical investigation of financial crises ever published.”"
'via Blog this'
Wednesday, March 6, 2013
Sequestered - The Editors - National Review Online
Sequestered - The Editors - National Review Online: "What conservatives should do now is offer modest first steps on entitlement reform. A well-designed reduction in benefits for the highest earners could make a real dent in the debt projections, cause no hardship, and establish the precedent for bolder reforms in the future. If the administration balks, Republicans will have exposed its obduracy at no cost to themselves."
'via Blog this'
'via Blog this'
Sequestered - The Editors - National Review Online
Sequestered - The Editors - National Review Online: "Because of all of these decisions, the spending reductions, while mild as a percentage of the budget, will have an outsized impact on national defense.
Republicans have at times been unsure of what to say about sequestration, with some of them emphasizing that Obama is to blame for it and others saying it is a good thing. For now, though, the Republicans seem to have prevailed: Spending will not be raised above its post-sequestration levels — President Obama has conceded the point with respect to the continuing resolution to fund the government through September — and taxes will go no higher as well."
'via Blog this'
Republicans have at times been unsure of what to say about sequestration, with some of them emphasizing that Obama is to blame for it and others saying it is a good thing. For now, though, the Republicans seem to have prevailed: Spending will not be raised above its post-sequestration levels — President Obama has conceded the point with respect to the continuing resolution to fund the government through September — and taxes will go no higher as well."
'via Blog this'
Sequestered - The Editors - National Review Online
Sequestered - The Editors - National Review Online: "Managers of government agencies could have been given discretion over which portions of their spending would be trimmed over the next few months, as an interim measure until Congress draws up a new budget. President Obama and congressional Democrats resisted any such measure in order to keep up the pressure for tax increases."
'via Blog this'
'via Blog this'
Subscribe to:
Posts (Atom)