Political Commentary for Reasonable People
While everyone was focused on the election in Greece, another European country held elections that also may have far-reaching implications.
On Sunday, France put an exclamation point on May’s victory by François Hollande in the presidential election by giving an … More…
The economic philosophy of John Maynard Keynes had a brief revival after the financial crisis of 2008. Desperate politicians tried to save the global economy–and their own jobs–by launching stimulus plans to plug an “output gap,” the gaping hole that … More…
World stock markets rallied Monday on hopes that finally we will have a real solution to the European debt crisis.
European leaders, especially French President Nicolas Sarkozy and German Chancellor Angela Merkel, are discussing what The Wall Street Journal called … More…
You can always count on Congress to do the stupidest things in the ugliest ways.
Their latest debacle: the collapse of the so-called super committee that was supposed to find over $1 trillion in deficit reductions. Republicans and Democrats couldn… More…
Some ominous news from euro land. The financial crisis in the euro zone is beginning to threaten democracy and national sovereignty, just as the euro skeptics in Britain warned it would.
Governments in Greece and Italy have fallen. Prime Minister … More…
Wednesday’s Republican presidential debate was probably the most informative so far, largely because of the probing questions asked by CNBC’s anchors, Maria Bartiromo and John Harwood, and reporters. They clearly knew more about the economy than the candidates did.
But … More…
The Dow Jones Industrial Average fell nearly 635 points Monday, following Standard & Poor… More…
Late Thursday afternoon I took my bike in for some repairs.… More…
I’m an award-winning business and financial journalist and an independent-minded citizen who is deeply concerned about the challenges facing our country. That’s why I started The Independent Agenda. "
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