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Government Top Stories - Last 30 Days

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Wave of Debt Payments Facing U.S. Government
Wave of Debt Payments Facing U.S. Government
nytimes.com — “What a good country or a good squirrel should be doing is stashing away nuts for the... winter. The United States is not only not saving nuts, it’s eating the ones left over from the last winter.” WILLIAM H. GROSS (more) Wave of Debt Payments Facing U.S. Government
The right fix for the Fed
washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from... the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) The right fix for the Fed

Government Latest Blog Posts (more)

Fed Makes More And More Money By Making Money
52 minutes ago at Stefan Karlsson's blog
If Bernanke Did Not Know the Fed's Mission, Would That Be News?
89 minutes ago at Angry Bear
Entirely forseeable costs and how to pay is the real debate...not the rhetoric
115 minutes ago at Angry Bear
Measuring The Fiscal Costs Of Not Fixing The Financial System
3 hours ago at The Baseline Scenario
Pavlovian Putin: A Follow Up
4 hours ago at Streetwise Professor
Unemployment Rates by County
cohort11.americanobserver.net (more) Unemployment Rates by County
Not all bubbles present a risk to the economy
ft.com — T here is increasing concern that we may be experiencing another round of asset-price bubbles that could... pose great danger to the economy. Does this danger provide a case for the US Federal Reserve to exit from its zero-interest-rate policy sooner ... (more) Not all bubbles present a risk to the economy
Invisible bond vigilantes
Invisible bond vigilantes
krugman.blogs.nytimes.com — It would be a very, very bad thing if the administration is intimidated into passivity -- or,... worse, into neo-Hooverism -- by the threat from invisible, probably imaginary enforcers. (more) Invisible bond vigilantes
Interest rates: the phantom menace
Interest rates: the phantom menace
krugman.blogs.nytimes.com — What I think lies behind the surprising deficit squeamishness of the Obama administration, and why it's wrong-headed.... (more) Interest rates: the phantom menace
Op-Ed Columnist
Op-Ed Columnist
nytimes.com — Consider, for a moment, a tale of two countries. Both have suffered a severe recession and lost... jobs as a result — but not on the same scale. In Country A, employment has fallen more than 5 percent, and the unemployment rate has more than doubled. In ... (more) Op-Ed Columnist
James Surowiecki: The Debt Economy
newyorker.com — John Kenneth Galbraith wrote that all financial crises are the result of “debt that, in one fashion... or another, has become dangerously out of scale.” The recent financial crisis was no exception, with everyone—homeowners, ... (more) James Surowiecki: The Debt Economy
Bank of England says financiers are fuelling an economic 'doom loop'
telegraph.co.uk — The banking sector must be overhauled as profoundly as in the wake of the Great Depression or... financiers will 'game the state' over and over again. (more) Bank of England says financiers are fuelling an economic ...
Discretion and financial regulation
interfluidity.powerblogs.com — An enduring truth about financial regulation is this: Given the discretion to do so, financial regulators will... always do the wrong thing.... (more) Discretion and financial regulation
FRB: Speech--Bernanke, On the Outlook for the Economy and Policy--November 16, 2009
federalreserve.gov — Chairman Ben S. Bernanke At the Economic Club of New York, New York, New York November 16,... 2009 On the Outlook for the Economy and Policy When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had just ... (more) FRB: Speech--Bernanke, On the Outlook for the Economy ...
Coming Soon: Jobs!
Coming Soon: Jobs!
slate.com — The jobs are coming. Click image to expand. The jobs are coming Like some gothic serial novelist,... the Bureau of Labor Statistics delivers another chapter of the same grim tale on the first Friday of every month. In October, the unemployment rate ... (more) Coming Soon: Jobs!
Taxing the Speculators
Taxing the Speculators
nytimes.com — Should we use taxes to deter financial speculation? Yes, say top British officials, who oversee the City... of London, one of the world’s two great banking centers. Other European governments agree — and they’re right. Unfortunately, United States ... (more) Taxing the Speculators
Harvard ignored warnings about investments
Harvard ignored warnings about investments
boston.com — Summers, now head of President Obama’s economic team, declined to be quoted on his handling of Harvard... finances. A friend of his who is familiar with Harvard finances said Summers was warning of growing risks in the global markets by 2007, at the ... (more) Harvard ignored warnings about investments
Mishkin Defend Bubbles (and of Course, the Fed)
Mishkin Defend Bubbles (and of Course, the Fed)
nakedcapitalism.com — The press becomes more surreal with every passing day. If we didn’t all have a stake in... the outcomes, this would make for great theater. First we have the absurd spectacle of bankers claiming that they are doing God’s work. Great! Then ... (more) Mishkin Defend Bubbles (and of Course, the Fed)
Treasury and the Blogs
baselinescenario.com — On Monday the Treasury Department (various officials, including Geithner, in shifts) had an informal meeting with eight... prominent finance or economics bloggers. I’ve only read the accounts by Tyler Cowen , Steve Waldman , and Yves Smith ; Waldman names all of them and links to other ... (more) Treasury and the Blogs
Jamie Dimon seen as good fit for Treasury
Jamie Dimon seen as good fit for Treasury
nypost.com — Last Updated: 3:37 AM, November 23, 2009 Posted: 12:51 AM, November 23, 2009... (more) Jamie Dimon seen as good fit for Treasury
Why Employment Might Not Fully Recover Until 2013
Why Employment Might Not Fully Recover Until 2013
moneywatch.bnet.com — The most recent employment report shows the unemployment rate at 10.2 percent, and the broader unemployment rate... that accounts for part-time work and discouraged workers at 17.5 percent. With numbers like these, can we expect good news on the ... (more) Why Employment Might Not Fully Recover Until 2013
California faces a projected deficit of $21 billion -
California faces a projected deficit of $21 billion -
latimes.com — California faces deficit Gov. Arnold Schwarzenegger will present his next proposed budget in January. Republicans vow to... block new taxes; Democrats say they are through with cuts. ( Eric Paul Zamora / Associated Press ) (more) California faces a projected deficit of $21 billion -
Treasury Sells Two-Year Notes at Record Low Yield (Update1)
bloomberg.com — Nov. 23 (Bloomberg) -- The Treasury sold $44 billion of two-year notes at a yield of 0.802... percent, the lowest on record, as demand for the safety of U.S. government securities surges going into year-end. Investors are piling into short-term ... (more) Treasury Sells Two-Year Notes at Record Low Yield (Update1)
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