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Posts Tagged ‘increasing the debt ceiling’

Fiscal Cliff Averted, Fiscal Crisis Looms Ever Larger

Posted by Larry Doyle on January 2nd, 2013 11:18 AM |

Now what?

With Congress having passed legislation to avoid going headlong over the fiscal cliff, what lies ahead for our nation’s fiscal situation and our economy?

The show we saw play out in Washington over the last few months and culminating in pathetically dramatic fashion late last evening strikes me as little more than a preliminary to the main performance and much more substantive issues that are scheduled for late February and into March. What topics will cross our headlines then?  (more…)

Reinhart, Rogoff, and Bhide Warn America and World

Posted by Larry Doyle on July 15th, 2011 9:09 AM |

I love reading the work of intelligent economic ‘giants’ who both get it and eloquently share it.

On a daily basis we suffer from the charlatans roaming the halls of Capitol Hill to those occupying the offices of global media moguls.

Some of the individuals in Washington (hello Barack!!) may believe the public does not and can not understand the nuances of major economic issues. In the process, the clowns spew forth volumes of nonsense and bulls&*t which has suffocated the debate needed to restore some measure of integrity to our social fabric.

Let’s turn off  the volume on the nonsense and embrace, elevate, and spread some truth and real wisdom.  (more…)






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