Obama wants to try that whole “subprime mortgage” thing again
To combine a few old chestnuts into one grand expression of Whiskey Tango Foxtrot amazement: those who refuse to learn from history are condemned to repeat it, first as tragedy, then as farce. The Washington Post brings word that President Obama wants another crack at the same policies that nearly crashed the financial system of the Earth in 2008, not coincidentally fueling his own rise to power: | Read More »
The Merkel-Sarkozy Bailout Plan: Europe’s Markets on the Morning After
When you’ve been on the edge of having a convulsion for months, you could be excused for clutching at anything to convince yourself at least temporarily that you’ve turned the corner. Today, this is looking like a fair characterization of last week’s big relief rally at the euro “rescue” plan that was “agreed” in Brussels. Markets are trading significantly lower this morning, and much is | Read More »
What Really Started the Financial Crisis?
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss what the dead $1.1 Trillion Omnibus spending bill means for small businesses, and what really started the financial crisis. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you | Read More »