A Message From Lucianne  







S-G1




























ST-GC


   
 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


Why Greece Will Leave the Euro
American Magazine, by Desmond Lachman

Original Article

Posted By:eagleblurst, 12/6/2013 9:56:32 AM

According to an old saying, when the winds are strong even turkeys fly. If ever there was a case to which this would adage apply, it would be that of the market’s present favor for Greek government bonds. Over the past year, as the market has stretched for yield in a low interest rate global environment, the Greek government’s long-term borrowing cost has declined from over 18 percent to 8.5 percent currently. And it has done so despite increased signs that Greece lacks the political willingness to resolve the many deep-seated problems that still characterize the Greek economy.

      


Post Reply  

Reply 1 - Posted by: JHHolliday, 12/6/2013 11:50:02 AM     (No. 9642972)

Beware of Greeks bearing bonds....

  Click Here if you Like this Comment

    2 persons like this.



Post Reply   Close thread 763615




Below, you will find ...

Most Recent Articles posted by "eagleblurst"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "eagleblurst"



Why the Patient CARE Act Proposal
Isn’t Ready to Replace Obamacare
American Magazine, by Thomas P. Miller    Original Article
Posted By: eagleblurst- 3/21/2014 9:43:56 AM     Post Reply
In recent months, Capitol Hill Republicans have renewed efforts to offer a health care reform plan to replace and not just repeal the Affordable Care Act (ACA). Previous reform proposals within Republican circles have lacked the comprehensive scope, attention to implementation obstacles, and strategic vision to present an effective and attractive replacement alternative to the floundering ACA regime. Stepping up to try to fill this vacuum is the Patient Choice, Affordability, Responsibility, and Empowerment (CARE) Act, proposed in late January by senators Richard Burr (R-NC), Tom Coburn (R-OK), and Orrin Hatch (R-UT).

Tribal Wisdom in Modern Times
American Magazine, by Michael M. Rosen    Original Article
Posted By: eagleblurst- 3/19/2014 9:17:49 AM     Post Reply
Tribal warfare, broadly construed, has afflicted human existence since the beginning of recorded time. Figuring out how to resolve conflict among conflicting groups — be they actual warring tribesmen, geopolitical rivals, partisan adversaries, or cultural warriors — can rightly be described as the key challenge facing social scientists, both in theory and in practice. In his engaging, persuasive book Moral Tribes: Emotion, Reason, and the Gap Between Us and Them, Joshua Greene, a cognitive psychology professor and the director of Harvard’s Moral Cognition Laboratory, grapples with some of the thorniest socio-moral questions ever to have bedeviled political philosophers...

Senator Warren Gets Taken
In by a False Analysis
American Magazine, by Peter J. Wallison and Edward J. Pinto    Original Article
Posted By: eagleblurst- 3/17/2014 12:07:35 PM     Post Reply
Last week, in a speech to the National Community Reinvestment Coalition, Senator Elizabeth Warren noted that an academic paper published by the St. Louis Federal Reserve was “proof” that the affordable housing goals did not contribute to the subprime mortgage boom. We have seen this paper before and advised the authors that it was based on a faulty understanding of how the housing market worked during the period they covered. However, the paper was not modified in any substantial respect... [Snip]

Pre-K vs. Back Pay: Personnel
Costs Threaten Progressive Goals
American Magazine, by Stephen D. Eide    Original Article
Posted By: eagleblurst- 3/14/2014 8:43:59 AM     Post Reply
Public sector unions bring out the worst in the modern administrative state. States with weak labor regulation also tend toward bloat and inefficiency, but it’s in blue states, which overcompensate their employees and mock the concept of “public service” with their absurdly protective work rules, where government operates most like government. In New York, Mayor Bill de Blasio believes in the benefits of government spending, but his progressive goals are threatened by unsustainable personnel costs. His proposed solution is to raise taxes, thus doubling down on bloat.

San Francisco´s Growing Class Conflict
American Magazine, by Scott Beyer    Original Article
Posted By: eagleblurst- 3/12/2014 9:35:36 AM     Post Reply
Recent opposition to two new private transportation services in San Francisco illustrates the city’s growing class conflict. But rather than discouraging these alternatives, the city should bridge the gap by improving its public transportation. Both Uber, a San Francisco-based start-up that offers paid ridesharing services, and the so-called “tech buses” — a fleet of double-deckers that Silicon Valley companies now use to transport their San Francisco employees — have faced roadblocks. Uber, along with similar companies like Lyft and Sidecar, has been targeted by regulations that for years made its services illegal in San Francisco. [Snip]

   

 

  


 
Do We Really Need a Larger IMF?
American Magazine, by Desmond Lachman    Original Article
Posted By: eagleblurst- 3/10/2014 9:49:24 AM     Post Reply
John Maynard Keynes famously observed, “when the facts change, I change my mind. What do you do, sir?” Evidently the same may not be said of the U.S. Treasury regarding the appropriate size of the International Monetary Fund. While the U.S. Treasury is all too ready to argue the case for a bigger IMF when circumstances appear to justify such a move, it has been reluctant to revise its assessment now that changed circumstances indicate a smaller IMF is preferable.

How to Avoid Another
Global Financial Crisis
American Magazine, by Alan Greenspan    Original Article
Posted By: eagleblurst- 3/6/2014 10:16:26 AM     Post Reply
September 15, 2008 was not just the beginning of the financial crisis, which may very well have been the greatest financial crisis ever (the Great Depression of the 1930s was a far more devastating economic problem). In the hours and days following the Lehman Brothers default that day, there was a virtual breakdown of the global financial system. For the first time ever, I believe, the short-term and overnight credit markets in the United States and around the world shut down. Not only did prices collapse, but the markets ceased to function. Bids virtually disappeared. Money market mutual funds,

The OAS is AWOL on Venezuela
American Magazine, by Roger F. Noriega    Original Article
Posted By: eagleblurst- 3/5/2014 9:52:01 AM     Post Reply
The Organization of American States (OAS) sits silent on Venezuela, even as political unrest, government violence against student demonstrators, and economic catastrophe threaten to tear that country apart. At long last, the regional body that years ago was sequestered by Venezuela’s petro-diplomacy has been bound and gagged.

Bordering on Chaos
American Magazine, by Alan W. Dowd    Original Article
Posted By: EagleBlurst- 3/3/2014 3:30:27 PM     Post Reply
To optimists, the recent arrest in Mexico of the world´s most wanted drug lord, Joaquin “El Chapo” Guzmán, and Mexico’s bloody drug war generally, are proof that the Mexican government is standing up to the cartels. But pessimists look at Mexico and see a failing state on America’s border. More than 80,000 people have been killed in Mexico’s brutal conflict, with the victims beheaded, shot, tortured and worse. Civil authorities regularly quit or join the warlords, and entire towns have been depopulated as government forces and drug cartels vie for control.

One Step Closer to Tax Reform
American Magazine, by Alex Brill    Original Article
Posted By: eagleblurst- 2/28/2014 9:26:29 AM     Post Reply
Yesterday, House Ways and Means Committee Chairman Dave Camp (R-Michigan) unveiled the most sweeping, elaborate, and aggressive income tax reform proposal in a generation. His plan is the result of years of effort that have included bipartisan outreach, dozens of hearings, and thousands of hours of staff time. He deserves enormous credit for pursuing such a challenging task, especially considering the daunting politics and logistics involved.

   

 

B-G1


 
GDP and Measuring the Intangible
American Magazine, by Arnold Kling    Original Article
Posted By: eagleblurst- 2/26/2014 10:01:21 AM     Post Reply
Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly underestimates well-being, and therefore reports of our economy´s stagnation may be greatly exaggerated: It is above all important not to confuse GDP with social welfare. The way the economy has changed has made the gap between GDP and welfare bigger than it used to be. [Snip]

Keystone XL: Sachs Strikes Back
American Magazine, by Benjamin Zycher    Original Article
Posted By: eagleblurst- 2/21/2014 9:43:28 AM     Post Reply
Herewith, some observations on Professor Jeffrey Sachs’s response to my critique of his criticism of the recent State Department analysis of the proposed Keystone XL pipeline in the context of greenhouse gas (GHG) emissions. A summary of his original criticism of Keystone XL is as follows: • “The world is on a trajectory to raise the mean global temperature by at least 3 degrees C by the end of the century.” • “The world is experiencing a rapidly rising frequency of extreme climate-related events such as heat waves.” [Snip]



Most Active Articles (last 48 hours)



Beijing hotel workers already ´fed up´ with
Obama entourage in 3400-square-foot,
$8,350-per-night suite inconveniencing´ pretty
much everyone´--and the first lady´s mother is*

91 replie(s)
Daily Mail [UK], by David Martosko    Original Article
Posted By: Attercliffe- 3/21/2014 6:02:02 PM     Post Reply
*´barking at the staff´ Michelle Obama and three of her family members are staying in a $8,350-per-night Beijing presidential suite, but despite a 24-hour butler and other perks that come with the lodging, her entourage has inconvenienced ´pretty much everyone´ and made the hotel staff ´fed up,´ a well-placed hotel staffer has told MailOnline. [Snip] But the Obamas´ stay has already affected staff and guests at the hotel, with the Westin front-desk veteran alleging that Mrs. Obama´s mother Marian Robinson has been ´barking at the staff since she arrived.´ Government security forces from both China and the U.S. started Thursday to screen

Jimmy Carter: Obama the Only President
So Far Not to Call Me for Advice

58 replie(s)
Mediaite, by Josh Feldman    Original Article
Posted By: KarenJ1- 3/21/2014 10:07:18 PM     Post Reply
Jimmy Carter has been very active in the decades since his presidency, and his successors have occasionally called for his advice. Except, it turns out, the current occupant of the office. A clip from Carter’s upcoming Meet the Press interview reveals that President Obama is the first president since Carter left office not to solicit the Southern Democrat’s advice. Carter explained, “President Clinton did and President George W. Bush and H.W. Bush and even Ronald Reagan used to call on us to go into sensitive areas.” They all asked Carter to deal with “unsavory characters,” but Obama hasn’t reached out to

Too busy to be president
39 replie(s)
American Thinker, by Jeffrey T. Brown    Original Article
Posted By: Hazymac- 3/21/2014 4:06:45 AM     Post Reply
Is Barack Obama simply too busy to be Chief Executive of the United States? Apparently. One of the primary functions of the president is to keep the nation safe, to preserve it from its enemies. To do that effectively, one would actually have to maintain something of a consistent level of attention to the moving pieces that directly influence how future events will unfold. None other than the truly sycophantic thinks for a second that President Obama cares a whit for anything that does not involve fundamentally altering the social composition of this country. Or golf. During the five-plus years

   

 

R_DBL_B
  


 
Washington Post busted!
39 replie(s)
American Thinker, by Thomas Lifson    Original Article
Posted By: mikkins2- 3/21/2014 8:10:31 PM     Post Reply
A Washington Post story purporting to expose the Koch brothers as behind-the-scenes beneficiaries of the Keystone Pipeline has been exposed as an utterly false propaganda operation, hilariously wrong and politically malicious. Even worse, one of the writers behind the story is married to a political operative in the left wing Koch-demonization machine. The Washington Post was recently purchased by Jeff Bezos of Amazon, who ought to take a hard look at the reporters and editors who collaborated with the left wing smear machine, and while he is at it, should send a note of thanks to John Hinderaker, the blogger

Jeb Bush Praises Illegal Immigrants
as ´Risk Takers,´ Defends Common Core

33 replie(s)
Breitbart´s Big Government, by Tony Lee    Original Article
Posted By: Desert Fox- 3/21/2014 7:24:57 PM     Post Reply
In a speech Friday, Former Florida Gov. Jeb Bush praised illegal immigrants as "risk takers" who embody the entrepreneurial spirit of America and doubled down on his defense of Common Core. According to the Miami-Herald, Bush made his remarks in front of business leaders in Florida. “People who come here legally and illegally are the risk takers,” Bush reportedly said. “If you’re living in a rural area of Guatemala and you come, you’re a bigger risk taker than those who stay,” he added. Of course, the first action of those who come to the country illegally is breaking the law. Bush also said he

Why Does Michelle Obama’s
Mother Live at the White House?

32 replie(s)
PJ Media, by J. Christian Adams    Original Article
Posted By: KarenJ1- 3/21/2014 9:28:09 PM     Post Reply
Here’s a question I’ll bet nobody ever asked Jay Carney at a White House press briefing: Why does Michelle Obama’s mother live at the White House at taxpayer expense? (If someone has asked, please send link for me to stand corrected.) Now that Michelle Obama’s mother has caused a disruption on the latest exotic vacation for the first lady, perhaps it is time for some answers about why Marian Robinson is even on the trip to China. Worse, why is she appearing in official photographs with Chinese officials? Drudge is reporting in big bold lead letters that Marian Robinson is barking

Black preschoolers more likely
to face suspension

31 replie(s)
Associated Press, by Kimberly Hefling & Jesse J. Holland    Original Article
Posted By: JoniTx- 3/21/2014 11:11:29 AM     Post Reply
Black students are more likely to be suspended from U.S. public schools — even as tiny preschoolers. The racial disparities in American education, from access to high-level classes and experienced teachers to discipline, were highlighted in a report released Friday by the Education Department´s civil rights arm. The suspensions — and disparities — begin at the earliest grades. Black children represent about 18 percent of children in preschool programs in schools, but they make up almost half of the preschoolers who are suspended more than once, the report said. Six percent of the nation´s districts with preschools reported suspending at

Michelle Obama: It´s very rare
that I have the chance to travel
outside of the United States

31 replie(s)
Washington Examiner, by Charlie Spiering    Original Article
Posted By: KarenJ1- 3/21/2014 12:50:07 PM     Post Reply
During her visit to China, first lady Michelle Obama pointed out that the ability to travel outside of the United States was "rare" but that she chose China for a reason. "It’s very rare that I have the opportunity to travel outside of the United States, and it’s even more rare to have the opportunity to travel with three generations — with my daughters, and with my mother," she said. "And it is no accident that one of our first trips as a family is here to China." Obama made her remarks while visiting a school in Beijing, with the Chinese first

   

 



 
Washington Post Falls for Left-Wing
Fraud, Embarrasses Itself

29 replie(s)
Power Line, by John Hinderaker    Original Article
Posted By: Pluperfect- 3/21/2014 5:27:43 AM     Post Reply
Today’s Washington Post features an article by Steven Mufson and Juliet Eilperin headlined, “The biggest lease holder in Canada’s oil sands isn’t Exxon Mobil or Chevron. It’s the Koch brothers.” The article was based on a newly-issued two-page report by the far-left International Forum on Globalization. The Post reported: You might expect the biggest lease owner in Canada’s oil sands, or tar sands, to be one of the international oil giants, like Exxon Mobil or Royal Dutch Shell. But that isn’t the case. The biggest lease holder in the northern Alberta oil sands is a subsidiary of Koch Industries, the privately-owned

Obama: Nancy Pelosi ´will
go down in history as one
of the greatest speakers´

29 replie(s)
Washington Examiner, by Charlie Spiering    Original Article
Posted By: KarenJ1- 3/21/2014 1:22:42 PM     Post Reply
President Obama took the opportunity to flatter House Minority Leader Nancy Pelosi during a fundraiser Thursday for House Democrats at the Florida home of former NBA star Alonzo Mourning. Obama said the California Democrat "will go down in history as one of the greatest speakers in our history" and indicated that he was eager to return her to her former position as Speaker of the House. "She is as tough and principled and as visionary as any member of Congress that we´ve ever seen and I´m grateful to call her a friend," he added. The fundraiser — the first of six Obama has

L´Wren Scott, and the awful
truth about women´s obituaries

28 replie(s)
The Week, by Stassa Edwards    Original Article
Posted By: MissMolly- 3/21/2014 4:29:41 AM     Post Reply
W hen news broke that respected fashion designer L´Wren Scott had passed away on Monday, The New York Times noted her suicide with the regrettable headline "Mick Jagger´s Girlfriend Found Dead." The Times wasn´t alone in its faux pas; the Associated Press dutifully tweeted, "BREAKING: Law enforcement: Mick Jagger´ [sic] girlfriend, L´Wren Scott, found dead in NYC of possible suicide." Though the AP managed to slip Scott´s name in the headline of the report, both news organizations seemed to agree: Scott´s death was newsworthy only because of her romantic association with a legendary rock and roller. Editors at neither The New York

Without facts on the missing airliner,
the media make stuff up

28 replie(s)
Washington Post, by Eugene Robinson    Original Article
Posted By: StormCnter- 3/21/2014 4:56:42 AM     Post Reply
Let me go out on a limb: The Malaysian airliner did not get sucked into a black hole, vanish over the Indian Ocean equivalent of the Bermuda Triangle or crash-land on the spooky island from “Lost.” Those “theories” were actually discussed on CNN this week. Host Don Lemon dismissed them as “preposterous” before asking one of his assembled “expert” guests — there were six of them waiting expectantly in their boxes on the screen — whether, you know, such ideas really were so preposterous. At which point the nonstop coverage of this tragedy entered the Twilight Zone. The disappearance of Malaysia Airlines

   

Post Reply   Close thread 763615





Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google



© 2014 Lucianne.com Media Inc.

FS