As noted in German Two-Year Bonds Have Negative Yield, Demand High; Euro Bond Bubble Guaranteed to Burst, " Banks lend (provided they are not capital impaired), when credit-worthy borrowers want credit and banks perceive risks worth lending."
The Palestinians are continuing to use up their rockets at the rate of over 100 per day. Meanwhile, much of Gaza is being reduced to rubble. The Hamas leadership seems oddly comfortable with that outcome, provided they can still shoot rockets.
The Keynesians are in charge And its starting to show. Mark Skousen joined the program to discuss the possibility of permanently low interest rates. Also: Ezra Klein is still an idiot; but theres someone else out there that is even worse.
One of the easiest and simplest metrics that investors use to screen for, as well as value, stocks is the price-to-earnings ratio, better known as a stocks price-to-earnings (P/E). Of course, on its face, a P/E is nothing more than a snapshot in time, but what if I told you it was far more complicated than that?
Most Austrian economists argue that the best response to the 2008 financial crisis was to do nothing. By refusing to bail out the banks, investment firms and insurance companies, the government would be sending a clear message that Wall Street and the private markets must avoid irresponsible decisions in the future.
Obamas foreign policy has become noteworthy for a remarkable series of bad decisions, miscalculations, and fecklessness -- tragically ironic for an administration whose foreign policy mantra is dont do stupid stuff.
The "recovery" news in Spain keeps piling up. Via translation from El Economista, Government has already taken 37% of the total 'pensions piggy bank'. If extractions continue at the current rate, the fund would be exhausted in 4 years.
Part time employment started off the recession at 24,758,000, but instead of decreasing as jobs disappeared from the U.S. economy, the number of Americans employed part time increased by 2,721,000 through December 2009.
The U.S. Department of Agriculture (USDA) released its report, Expenditures on Children by Families, and the cost of raising a child is now up to $245,000- not including the cost of college. The most expensive part of raising children is keeping a roof over their heads and food in their bellies...
Some folks on the right in Washington, generally known as reformicons (short for reform conservatives), want the Republican Party to de-emphasize marginal tax rate reductions and instead focus on providing tax relief to parents.
Due to Russian President Vladimir Putins shenanigans and the ongoing Ukraine situation, many Western investors are fleeing Russia. However, contrarian investors view this as an excellent opportunity to enter the Russian market on the cheap.
After engaging in a racially motivated street fight with a black man, Charles Cannon found himself facingas expectedassault charges and a sentencing enhancement to penalize him further under Texass hate crime law. You see, they had to make a federal case out of a fistfight to stop the return of slavery.
Dont forget what John Maynard Keynes pointed out when advocating for increased government spending: In the long run, were all dead. Of course, he never said wed be able to afford the coffin.
An Israeli military spokesman said the air force executed air strikes in the Gaza Strip in response to Palestinian rocket fire that broke the ceasefire. One child is reported to have died as a result of the strikes. 01
The Fed released the minutes from its last gathering, and this report should move the market. The big question of the day is: what is the level of internal dissent from official policy and Chairman Yellen?
This is a frustrating statistic to read. When so many rely upon the state for their well being - when getting taxpayer funded aid means the difference between having a full stomach and having an empty one - it is very hard to make the case to someone that government must be smaller.
Aside from meeting with his apparently hapless economic team (which if headed by Joe Biden is roughly as useful as a neurosurgeon with palsy), what was the President up to on his 48 hour trip to DC? Well Apparently he attended a party.
The data suggests that investors have been and are currently focused upon 2015-Q2 in setting today's stock prices, since this quarter marks the period of time at which the Federal Reserve is most likely to act to increase short term interest rates in the U.S. for the first time in several years.
The stock market continues to take its cue from the military action (or inaction) between Russia and Ukraine, and to the lesser extent, from how we are dealing with ISIS (bombs away). But, how long can Wall Street continue whistling past the graveyard when it comes to a potential explosion of violence across America?
What do cigarettes and capital gains have in common? Well, they both start with the same letter, so maybe the Cookie Monster could incorporate them into his favorite song, but Im thinking about something else.
Whos really waging the war on women? Ann-Marie Murrell, CEO of Politichicks, joined the show to discuss the way Democrats chastise and ridicule women who dare to think for themselves. John also tackles the issue of the Ferguson, Missouri, riots and why it is not shocking in the least.
Leftists seem to have a love affair with intimidating businesses into compliance with their utopian vision of a gun-free America. Kroger, however, has decided to reject the Bloomberg-inspired requests to ban guns on their property. I guess they didnt feel like experiencing an uptick in violent crime and robberies.
Israeli Prime Minister Netanyahu said that Israel will not compromise on the security requirement that the Gaza Strip must be demilitarized. He also said that Hamas will not be permitted to obtain a political victory from its military defeat.
A lot is being said about the militarization of local police departments. I think it is the kind of debate that can only happen in a nation where crime has come down dramatically within the past several decades. Similar to freedom, I think Americans take it for granted.
I agree that something is wrong with the economy. But I disagree with the Keynesian interpretation that the economys weakness is because of some mysterious malady that requires government intervention.
In the contest to run America for the foreseeable future, the Democrats have so mismanaged and bungled their chance to make a case for themselves that their only choice is to criminalize the opposition.
The biggest winners are states involved in energy production, finance, or healthcare. The biggest losers are states that did not recover from the real estate bust, or lost population due to emigration.
Self immolation is the last resort of those who have no other voice.
In Other News: Law "Enforcer" Eric Holder Understands People's Mistrust of Law Enforcement | Michael Schaus
In Other News: Good News for Mexican Drug Cartels Seeking Some Slightly Used DOJ Hard Drives | Michael Schaus