John Boehner, Speaker of the House, went to Wall Street to take the pulse of the big boys on the debt ceiling. We have all been told by Obama, Geithner, Bernake, and all democrats that failure to raise the ceiling would create havoc in global financial markets. It just can’t happen. It would destroy our credit status Read the full article…
Here are two versions of the need for Japan to sell-off US Treasuries to finance reconstruction. First, from Treasury Secretary, Tim Geithner. WASHINGTON (MarketWatch) — In response to a question, Treasury Secretary Tim Geithner said Tuesday that he does not believe that there is a risk Japan will have to resort to selling some of Read the full article…
In case you haven’t noticed the big banks on Wall Street have done very well in their close partnership with Obama. Sure, they have endured being called “fat cats” and had a bill called financial reform aimed at them. But, that’s a small price to pay for what may well be the biggest bonus year Read the full article…
