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OpEd News Member for 723 week(s) and 1 day(s)
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Monday, August 8, 2011
The Bad Deal The die is cast. Practically nothing to address any real economic problem can now get done. Actual austerity will come slowly -- the cuts are not abrupt and some may yet be blocked -- but unless there is a radical change of events or mood it will come. Meanwhile as the economy stalls and despair deepens, the deficits and debt will continue to climb.
Monday, August 8, 2011The Bad Deal The die is cast. Practically nothing to address any real economic problem can now get done. Actual austerity will come slowly -- the cuts are not abrupt and some may yet be blocked -- but unless there is a radical change of events or mood it will come. Meanwhile as the economy stalls and despair deepens, the deficits and debt will continue to climb.
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Sunday, December 5, 2010
Casting Light on "The Moment of Truth" The Commission reverts to the great bogeyman of 1993, President Clinton's first year: The bond market. "If we do not act soon to reassure the markets," they write, "the risk of crisis will increase"" Oh really? You can look up the interest rates in the paper, any day.
Sunday, December 5, 2010Casting Light on "The Moment of Truth" The Commission reverts to the great bogeyman of 1993, President Clinton's first year: The bond market. "If we do not act soon to reassure the markets," they write, "the risk of crisis will increase"" Oh really? You can look up the interest rates in the paper, any day.
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Monday, July 12, 2010
Tremble, Banks, Tremble The financial crisis in America isn't over. It's ongoing, it remains unresolved, and it stands in the way of full economic recovery. The cause, at the deepest level, was a breakdown in the rule of law. And it follows that the first step toward prosperity is to restore the rule of law in the financial sector.
Monday, July 12, 2010Tremble, Banks, Tremble The financial crisis in America isn't over. It's ongoing, it remains unresolved, and it stands in the way of full economic recovery. The cause, at the deepest level, was a breakdown in the rule of law. And it follows that the first step toward prosperity is to restore the rule of law in the financial sector.
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Wednesday, June 9, 2010
Economic Crises Rooted in Fraud Testimony before Senate Judiciary Committee in May: Traditional economists have failed miserably to understand the forces behind the financial crisis. Retreat from government oversight has led to fraud, and fraud has led to theft on a massive scale, and theft has led to economic meltdown. At its heart, therefore, the financial crisis was a breakdown in the rule of law in America.
Wednesday, June 9, 2010Economic Crises Rooted in Fraud Testimony before Senate Judiciary Committee in May: Traditional economists have failed miserably to understand the forces behind the financial crisis. Retreat from government oversight has led to fraud, and fraud has led to theft on a massive scale, and theft has led to economic meltdown. At its heart, therefore, the financial crisis was a breakdown in the rule of law in America.
