By Larry Doyle on Jun 11, 2009 in Economy, Sense on Cents (Larry Doyle blog), U.S. Treasury | 8 Comments
The United States government is very much dependent on foreign investors purchasing U.S. Treasury securities on an ongoing basis. In fact, as our fiscal deficit explodes, it is not an exaggeration to assert that Uncle Sam’s dependence on foreign investment will need to increase. How interesting that on the day of a $19 billion 10yr [...]
By Rabble Rouser Reverend Amy on May 31, 2009 in Auto Industry, Bailouts, Bolshevikization, Current Affairs, Economy, Foreign Affairs, General Motors & Chrysler, Indiana, President Barack Obama, Secretary of State Hillary Clinton, U.S. Treasury, Unions | 63 Comments
That’s what the Germans seem to think of Secretary Clinton, anyway. It seems they are asking her to help deal with the GM mess as it relates to them, according to this article (H/T to Ani for alerting me to this). Why, you might ask? Because it affects them, too, in a big way. You [...]
By Rabble Rouser Reverend Amy on May 21, 2009 in Auto Industry, Bailouts, Bank Bailouts, Bank Nationalization, Banks, California, Credit Card Companies, Credit Risk, Current Affairs, General Motors & Chrysler, Michigan, Stimulus Plan, SusanUnPC, Tax stimulus package, U.S. Treasury | 22 Comments
I saw the following video Tuesday morning, and could scarcely believe my eyes:
By Larry Doyle on May 8, 2009 in Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog), U.S. Treasury, Wall Street | 9 Comments
Can Barack Obama’s horses and men in the persons of Ben Bernanke, Tim Geithner, Larry Summers, Paul Volcker, Rham Emanuel, Sheila Bair, and their minions put Wall Street together again? The glue and putty in the form of trillions of dollars of taxpayer funds and commitments is still wet. Mr. “Humpty Dumpty” Wall Street is [...]
By Larry Doyle on Apr 11, 2009 in Bank Stress Test, Banking Institutions, Current Affairs, Economy, Sense on Cents (Larry Doyle blog), U.S. Treasury | 15 Comments
The movie Goodfellas provides a wealth of material for comparative analysis of the markets. The “insider activity,” the “fooling around,” “the payoffs,” and “the gambling” all make for great drama on the screen. Truth be told, one does not have to look all that hard to find striking similarities to certain activities in the world [...]
By Larry Johnson on Mar 30, 2009 in Auto Industry, Commerce, Current Affairs, Economic Stimulus, Economy, G20, General Motors & Chrysler, Governance, President Barack Obama, Tim Geithner, Tom Daschle, U.S. Treasury, Workers, treasury department | 156 Comments
(This is essential reading that I bumped up – Susan) Remember when George Bush and Dick Cheney could rely on the many in the media to help them euphemize that dirty word, “torture?” It wasn’t torture, it was “enhanced interrogation.” That’s like calling the amputation of a leg, “enhanced skin removal below the waist.” For [...]
By Larry Doyle on Mar 25, 2009 in Economy, Sense on Cents (Larry Doyle blog), U.S. Treasury, Wall Street | 13 Comments
The U.S. Treasury was heavily involved in the bond market today. How did they do? They bought high and sold low. What happened? Treasury announced last week that they would engage in buying hundreds of billions of government and mortgage securities in an attempt to move interest rates lower and spark consumer and corporate borrowing. [...]