The president appeared at a campaign rally in Ohio and presented his solution for fixing the economy, spend more. Four years of trillion dollar deficits isn’t enough, we need to spend more. Double down, the president said. Is this man brilliant or what? Do more of what isn’t working, what a plan. This is what the Read the full article…
Congress grilled Jamie Dimon, CEO of Chase Bank about losing $2 billion in hedging losses. The money was Chase money, not taxpayer money. Nor does it endanger long-term shareholder equity, since Chase will have a good quarterly profit performance. It was painfully obvious that the politicians doing the questioning were totally clueless about hedge Read the full article…
When you hold a press conference with no news to report you run the risk of losing focus and making news. Obama did just that. He advised the country that the private sector economy is fine. That comment will be played back thousands of times between now and November. Here’s the sad part of the Read the full article…
