The Debt Ceiling And The 14th Amendment

Resurrecting and old, and bad, idea.

The Platinum Coin Boondoggle

Could a coin like this solve the looming debt ceiling crisis?

Get Ready For Another Debt Ceiling Fight

The next six weeks or so will see Congress once again fighting over a self-created crisis.

Why Today’s GDP Numbers Should Scare You

There are signs that the economy is slowing down so quickly that we may inevitably drift into recession.

Whatever It Is, It’s Not Journalism

Reporters covering the 2012 election are letting the campaigns control what they report to a disturbing degree.

Obama’s Odd Choice for World Bank President

Jim Yong Kim is an impressive man. But he’s got no background in banking, finance, or economics.

Has National Debt Increased More Under Obama Than Bush?

Obama has borrowed slightly more money in 3 years than Bush did in 8. Does it matter?

Debt Under Obama Increasing Faster Than Under Bush

The debt has increased at a faster rate in the past three years than in the previous eight, but assigning blame isn’t what matters.

White House Corporate Tax Plan Leaves Much To Be Desired

The Obama Administration introduced a corporate tax reform plan that doesn’t go nearly far enough.

Another Debt Ceiling Debacle Before The Election?

We may have to deal with the debt ceiling again before the November elections.

Hank Paulson, The Bush Treasury Department, And Crony Capitalism

Guess who got advance warning of government actions on the eve of the 2008 financial crisis?

Herman Cain Goes For the “Nuts Or Sluts” Defense

Herman Cain response to the latest round of allegations against him leaves much to be desired.

Is Social Security A Ponzi Scheme?

Whether it’s a “Ponzi Scheme” or not, Social Security has serious systemic problems that must be addressed.

Solar Energy Firm’s Bankruptcy Calls Obama’s “Green Jobs” Program Into Question

The failure of a solar energy firm in California is raising questions about a centerpiece of the Administration’s economic policy.

Rick Perry’s Crony Capitalism

Rick Perry’s vision of capitalism doesn’t exactly comply with what Adam Smith had in mind.

Government Fighting Back Against S&P?

Is S&P’s downgrade of the US bond rating “free speech” and thereby protected by the Constitution?

White House Pressuring Geithner To Stay At Treasury

Rumors of Timothy Geithner’s departure from the Treasury Department may have been exaggerated.

The Debt Ceiling and the Imperial Presidency

Congress failing to raise the debt ceiling would involve abrogating an enormous amount of power to the Executive.

Pessimism Concerning the House

The main problem remains the House.

Debt Ceiling Kabuki Theater Update

It hasn’t been a very productive weekend in Washington, D.C.

U.S. Government Sells Chrysler Stake, Losses Higher Than Reported

On paper, the U.S. lost $1.3 billion on the Chrysler bankruptcy, but the true cost is far higher than that.

Moody’s Is Right, Eliminate The Debt Ceiling

Moody’s is on the right track. The current debt ceiling law has done more harm than good.

GOP In Danger Of Losing The P.R. War Over Debt, Spending, And Taxes?

If you look at the polls, the GOP has several things to be concerned about in the debate over the debt ceiling.

Obama Walks Out of Talks Saying ‘Don’t Call My Bluff’

President Obama has walked out of negotiations on the debt ceiling with an agreement is nowhere in sight.

Is The Debt Ceiling Unconstitutional?

Does a little known provision in the 14th Amendment make the entire debt ceiling debate irrelevant?

U.S. in Worse Shape than Greece

We might be looking at a potential fiscal crisis.

Happy Debt Limit Monday!

As of today, the United States is legally barred from borrowing money to finance its operations. Thanks for nothing, Congress.

Obama Administration Lobbied Standard & Poor’s Not To Lower Debt Outlook

Standard & Poor’s didn’t believe the Obama Administration’s argument that Washington would be able to fix the deficit. There’s no reason they should have.